Comerica Bank Has $4.39 Million Stake in Lattice Semiconductor Corporation $LSCC

Key Points

• Comerica Bank has reduced its stake in Lattice Semiconductor Corporation by 31.7%, now holding 83,674 shares valued at approximately $4.39 million.
• Several hedge funds have increased their positions in Lattice Semiconductor, with Price T Rowe Associates raising its holdings by 24.2% and Janus Henderson Group growing its stake by 740.3%.
• Lattice Semiconductor's stock is currently rated as a "Buy" by eleven investment analysts, with a consensus price target of $63.58 following its most recent earnings report.

Comerica Bank reduced its position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 31.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 83,674 shares of the semiconductor company's stock after selling 38,848 shares during the period. Comerica Bank owned about 0.06% of Lattice Semiconductor worth $4,389,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in LSCC. Stifel Financial Corp grew its holdings in shares of Lattice Semiconductor by 6.1% during the fourth quarter. Stifel Financial Corp now owns 63,428 shares of the semiconductor company's stock worth $3,593,000 after purchasing an additional 3,650 shares during the last quarter. Boothbay Fund Management LLC bought a new stake in shares of Lattice Semiconductor during the fourth quarter worth about $273,000. Beacon Pointe Advisors LLC bought a new stake in shares of Lattice Semiconductor during the fourth quarter worth about $202,000. Northern Trust Corp grew its holdings in shares of Lattice Semiconductor by 30.4% during the fourth quarter. Northern Trust Corp now owns 1,273,573 shares of the semiconductor company's stock worth $72,148,000 after purchasing an additional 296,986 shares during the last quarter. Finally, Ardsley Advisory Partners LP grew its holdings in shares of Lattice Semiconductor by 211.3% during the fourth quarter. Ardsley Advisory Partners LP now owns 110,500 shares of the semiconductor company's stock worth $6,260,000 after purchasing an additional 75,000 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Stock Down 1.4%

LSCC traded down $0.92 during trading on Thursday, hitting $65.97. The company's stock had a trading volume of 2,388,132 shares, compared to its average volume of 2,435,170. Lattice Semiconductor Corporation has a twelve month low of $34.69 and a twelve month high of $70.55. The stock's fifty day moving average price is $57.31 and its 200-day moving average price is $53.88. The firm has a market capitalization of $9.03 billion, a P/E ratio of 286.84, a PEG ratio of 4.91 and a beta of 1.62.

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

Insider Buying and Selling at Lattice Semiconductor

In other news, SVP Tracy Ann Feanny sold 5,965 shares of the company's stock in a transaction that occurred 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 transaction, the senior vice president directly owned 79,480 shares of the company's stock, valued at $5,285,420. This represents a 6.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robin Ann Abrams sold 15,000 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total value of $974,700.00. Following the transaction, the director directly owned 107,538 shares in the company, valued at $6,987,819.24. The trade was a 12.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 24,404 shares of company stock valued at $1,594,632. 1.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

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

Lattice Semiconductor 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.