Bank of New York Mellon Corp acquired a new stake in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 913,343 shares of the semiconductor company's stock, valued at approximately $139,705,000. Bank of New York Mellon Corp owned approximately 0.67% of Lattice Semiconductor at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of LSCC. iSAM Funds UK Ltd bought a new position in shares of Lattice Semiconductor in the 3rd quarter valued at $25,000. Smartleaf Asset Management LLC lifted its position in shares of Lattice Semiconductor by 462.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company's stock worth $29,000 after buying an additional 324 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of Lattice Semiconductor during the 3rd quarter worth $31,000. Advisory Services Network LLC bought a new position in shares of Lattice Semiconductor in the third quarter worth about $34,000. Finally, Larson Financial Group LLC boosted its stake in shares of Lattice Semiconductor by 52.2% in the 4th quarter. Larson Financial Group LLC now owns 589 shares of the semiconductor company's stock valued at $43,000 after purchasing an additional 202 shares in the last quarter. Institutional investors own 98.08% of the company's stock.
Lattice Semiconductor Price Performance
Lattice Semiconductor stock opened at $117.69 on Monday. The firm has a market capitalization of $16.12 billion, a price-to-earnings ratio of 452.65, a price-to-earnings-growth ratio of 1.79 and a beta of 1.81. The firm's fifty day moving average price is $133.69 and its two-hundred day moving average price is $118.84. Lattice Semiconductor Corporation has a 1-year low of $60.50 and a 1-year high of $157.01. The company has a current ratio of 3.02, a quick ratio of 2.33 and a debt-to-equity ratio of 0.04.
Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The company had revenue of $201.08 million for the quarter, compared to analyst estimates of $185.50 million. During the same quarter last year, the company earned $0.24 earnings per share. The company's revenue for the quarter was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, equities research analysts predict that Lattice Semiconductor Corporation will post 1.12 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on LSCC shares. Deutsche Bank Aktiengesellschaft upped their price target on shares of Lattice Semiconductor from $150.00 to $175.00 and gave the stock a "buy" rating in a report on Friday, May 22nd. TD Cowen upped their price target on shares of Lattice Semiconductor from $145.00 to $165.00 and gave the company a "buy" rating in a research report on Monday, July 13th. Robert W. Baird raised their price target on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the company an "outperform" rating in a research note on Tuesday, May 5th. Wall Street Zen upgraded shares of Lattice Semiconductor from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 8th. Finally, KeyCorp boosted their price objective on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Lattice Semiconductor currently has a consensus rating of "Buy" and an average target price of $144.38.
Get Our Latest Analysis on LSCC
Insiders Place Their Bets
In related news, SVP Esam Elashmawi sold 15,742 shares of Lattice Semiconductor stock in a transaction on Monday, August 17th. The stock was sold at an average price of $134.77, for a total transaction of $2,121,549.34. Following the sale, the senior vice president directly owned 155,420 shares in the company, valued at approximately $20,945,953.40. This trade represents a 9.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director James P. Lederer sold 6,101 shares of the business's stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $153.94, for a total value of $939,187.94. Following the completion of the transaction, the director directly owned 41,201 shares in the company, valued at approximately $6,342,481.94. This represents a 12.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 28,502 shares of company stock valued at $4,005,820. Insiders own 0.62% of the company's stock.
Lattice Semiconductor Profile
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Free Report)
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company's product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice's solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
Further Reading
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