Engineers Gate Manager LP Purchases 10,068 Shares of Lattice Semiconductor Corporation $LSCC

Key Points

• Engineers Gate Manager LP increased its Lattice Semiconductor stake by 177.5% in the second quarter, purchasing 10,068 shares for a total holding of 15,740 shares valued at approximately $2.4 million.
• Lattice Semiconductor exceeded quarterly expectations, reporting EPS of $0.53 versus the $0.44 consensus and revenue of $201.08 million, up 62.2% year over year. The company guided for third-quarter EPS of $0.54–$0.58.
• Analyst sentiment remains positive, with a “Moderate Buy” consensus and an average price target of $147.46, although two senior vice presidents sold shares under pre-arranged plans primarily to cover tax obligations.

Engineers Gate Manager LP increased its holdings in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 177.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,740 shares of the semiconductor company's stock after buying an additional 10,068 shares during the quarter. Engineers Gate Manager LP's holdings in Lattice Semiconductor were worth $2,408,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in LSCC. CloudAlpha Capital Management Limited Hong Kong bought a new stake in Lattice Semiconductor during the 4th quarter worth approximately $8,344,000. State of Wyoming bought a new position in Lattice Semiconductor in the second quarter valued at approximately $3,155,000. TimesSquare Capital Management LLC lifted its stake in Lattice Semiconductor by 3.4% in the fourth quarter. TimesSquare Capital Management LLC now owns 1,474,949 shares of the semiconductor company's stock valued at $108,527,000 after buying an additional 49,001 shares in the last quarter. Compass Wealth Management LLC acquired a new position in shares of Lattice Semiconductor in the second quarter valued at approximately $1,884,000. Finally, Thrivent Financial for Lutherans boosted its holdings in shares of Lattice Semiconductor by 33.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 282,253 shares of the semiconductor company's stock valued at $20,768,000 after buying an additional 71,401 shares during the period. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Price Performance

Shares of LSCC opened at $106.50 on Tuesday. The stock has a market capitalization of $14.59 billion, a P/E ratio of 409.62, a P/E/G ratio of 1.82 and a beta of 1.79. Lattice Semiconductor Corporation has a twelve month low of $60.50 and a twelve month high of $157.01. The company has a 50 day moving average of $124.11 and a 200-day moving average of $121.30. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.09. The company had revenue of $201.08 million for the quarter, compared to the consensus estimate of $185.50 million. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The firm's revenue was up 62.2% compared to the same quarter last year. During the same period last year, the company earned $0.24 earnings per share. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, equities research analysts forecast that Lattice Semiconductor Corporation will post 1.12 EPS for the current fiscal year.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Esam Elashmawi sold 15,742 shares of the business's stock in a transaction dated Monday, August 17th. The shares were 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 of the company's stock, valued at $20,945,953.40. The trade was a 9.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available 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, SVP Tracy Feanny sold 1,880 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total transaction of $237,688.40. Following the transaction, the senior vice president owned 60,221 shares of the company's stock, valued at approximately $7,613,741.03. This represents a 3.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.62% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of Lattice Semiconductor from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 29th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $175.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft increased their target price on Lattice Semiconductor from $150.00 to $175.00 and gave the stock a "buy" rating in a report on Friday, May 22nd. Finally, KeyCorp lifted their price target on Lattice Semiconductor from $165.00 to $180.00 and gave the company an "overweight" rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, Lattice Semiconductor has an average rating of "Moderate Buy" and a consensus price target of $147.46.

Lattice Semiconductor Profile

Lattice Semiconductor Corporation develops and supplies low-power, field-programmable gate arrays (FPGAs) and related semiconductor solutions. Its products allow customers to configure hardware for specific applications after manufacturing, providing flexibility for industrial, communications, automotive, consumer electronics and computing systems.

The company's portfolio includes small and mid-range FPGAs, system-on-chip devices, programmable logic products, development software, evaluation boards and design tools.

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