Cinctive Capital Management LP Invests $1.80 Million in Lattice Semiconductor Corporation $LSCC

Key Points

• Cinctive Capital Management LP invested approximately $1.80 million in 34,251 shares of Lattice Semiconductor Corporation during the first quarter.
• Insider transactions revealed that senior vice president Tracy Ann Feanny and director Robin Ann Abrams sold significant shares, indicating a decrease in their ownership positions by 6.98% and 12.24%, respectively.
• Lattice Semiconductor has reported earnings of $0.24 EPS for the last quarter, meeting analysts' expectations, and is projected to post 0.65 EPS for the current year.

Cinctive Capital Management LP acquired a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,251 shares of the semiconductor company's stock, valued at approximately $1,796,000.

Several other institutional investors and hedge funds have also bought and sold shares of LSCC. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Lattice Semiconductor by 8.7% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,794 shares of the semiconductor company's stock worth $514,000 after acquiring an additional 787 shares during the last quarter. SG Americas Securities LLC grew its position in shares of Lattice Semiconductor by 326.8% during the 1st quarter. SG Americas Securities LLC now owns 7,824 shares of the semiconductor company's stock worth $410,000 after buying an additional 5,991 shares during the period. Robeco Institutional Asset Management B.V. acquired a new stake in shares of Lattice Semiconductor during the 1st quarter worth approximately $566,000. Teacher Retirement System of Texas bought a new position in shares of Lattice Semiconductor in the 1st quarter worth $1,058,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Lattice Semiconductor by 53.0% in the 1st quarter. GAMMA Investing LLC now owns 4,166 shares of the semiconductor company's stock worth $219,000 after purchasing an additional 1,443 shares in the last quarter. Institutional investors own 98.08% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on LSCC shares. Loop Capital decreased their target price on Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating for the company in a research report on Tuesday, August 5th. Rosenblatt Securities reaffirmed a "buy" rating and set a $72.00 target price on shares of Lattice Semiconductor in a report on Tuesday, August 5th. TD Cowen dropped their price target on Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating for the company in a research report on Tuesday, August 5th. Finally, Benchmark reiterated a "buy" rating and set a $60.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, August 5th. Eleven investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $63.58.

Lattice Semiconductor Trading Up 0.5%

Lattice Semiconductor stock traded up $0.30 during mid-day trading on Wednesday, hitting $66.43. The company had a trading volume of 466,961 shares, compared to its average volume of 2,636,105. Lattice Semiconductor Corporation has a 12 month low of $34.69 and a 12 month high of $70.55. The stock's 50 day moving average price is $58.30 and its two-hundred day moving average price is $53.76. The company has a market capitalization of $9.09 billion, a PE ratio of 289.21, a price-to-earnings-growth ratio of 4.90 and a beta of 1.62.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its earnings results on Monday, August 4th. The semiconductor company reported $0.24 earnings per share for the quarter, meeting analysts' consensus estimates of $0.24. The company had revenue of $123.97 million for the quarter, compared to the consensus estimate of $123.60 million. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.Lattice Semiconductor's revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 earnings per share. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. Equities research analysts anticipate that Lattice Semiconductor Corporation will post 0.65 EPS for the current year.

Insider Buying and Selling at Lattice Semiconductor

In other news, SVP Tracy Ann Feanny sold 5,965 shares of Lattice Semiconductor stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $66.50, for a total transaction of $396,672.50. Following the completion of the sale, the senior vice president directly owned 79,480 shares in the company, valued at approximately $5,285,420. This trade represents a 6.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Tonya Stevens sold 3,439 shares of Lattice Semiconductor stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $64.92, for a total value of $223,259.88. Following the sale, the chief accounting officer directly owned 87,776 shares of the company's stock, valued at approximately $5,698,417.92. This trade represents a 3.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 24,404 shares of company stock worth $1,594,632 in the last quarter. 1.19% of the stock is owned by corporate insiders.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.