Envestnet Portfolio Solutions Inc. Buys 15,814 Shares of Lattice Semiconductor Corporation $LSCC

Key Points

• Envestnet Portfolio Solutions Inc. increased its holdings in Lattice Semiconductor by 295.4% in the second quarter, acquiring 15,814 additional shares, bringing its total ownership to 21,168 shares valued at over $1 million.
• Lattice Semiconductor reported quarterly earnings of $0.24 per share, meeting analyst expectations, with revenue slightly exceeding projections at $123.97 million.
• A significant majority of Lattice Semiconductor's stock, 98.08%, is currently owned by institutional investors, indicating strong institutional support for the company.

Envestnet Portfolio Solutions Inc. grew its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 295.4% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 21,168 shares of the semiconductor company's stock after acquiring an additional 15,814 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in Lattice Semiconductor were worth $1,037,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Allworth Financial LP lifted its position in shares of Lattice Semiconductor by 65.7% during the 1st quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 222 shares during the period. Summit Securities Group LLC bought a new stake in shares of Lattice Semiconductor during the 1st quarter valued at $32,000. Picton Mahoney Asset Management bought a new stake in shares of Lattice Semiconductor during the 1st quarter valued at $36,000. Farther Finance Advisors LLC lifted its position in shares of Lattice Semiconductor by 89.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 879 shares of the semiconductor company's stock valued at $43,000 after acquiring an additional 416 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Lattice Semiconductor by 242.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,454 shares of the semiconductor company's stock valued at $76,000 after acquiring an additional 1,029 shares during the period. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Trading Down 0.1%

Shares of LSCC stock opened at $70.16 on Friday. The stock has a market cap of $9.60 billion, a price-to-earnings ratio of 305.06, a PEG ratio of 5.34 and a beta of 1.66. The stock has a 50-day moving average of $68.14 and a 200-day moving average of $55.80. Lattice Semiconductor Corporation has a 1-year low of $34.69 and a 1-year high of $76.61.

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 for the quarter, meeting the consensus estimate of $0.24. The company had revenue of $123.97 million during the quarter, compared to analysts' expectations of $123.60 million. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.The business's quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.23 earnings per share. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. Sell-side analysts forecast that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current year.

Insider Activity

In related news, Director Robin Ann Abrams sold 15,000 shares of the company's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total transaction of $974,700.00. Following the sale, the director owned 107,538 shares in the company, valued at $6,987,819.24. This represents a 12.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Tracy Ann Feanny sold 5,965 shares of the company's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $66.50, for a total value of $396,672.50. Following the sale, the senior vice president owned 79,480 shares in the company, valued at approximately $5,285,420. The trade was a 6.98% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 27,844 shares of company stock valued at $1,852,392. Company insiders own 1.80% of the company's stock.

Analysts Set New Price Targets

LSCC has been the subject of a number of recent analyst reports. TD Cowen cut their target price 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. Rosenblatt Securities restated a "buy" rating and set a $72.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, August 5th. Loop Capital dropped their price objective 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. Weiss Ratings restated a "hold (c-)" rating on shares of Lattice Semiconductor in a research report on Wednesday, October 8th. Finally, Needham & Company LLC upped their price objective on Lattice Semiconductor from $70.00 to $80.00 and gave the stock a "buy" rating in a research report on Monday, September 22nd. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $66.92.

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.

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