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Financiere des Professionnels Fonds d investissement inc. Acquires New Position in Lattice Semiconductor Corporation $LSCC

Lattice Semiconductor logo with Computer and Technology background

Key Points

  • Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Lattice Semiconductor Corporation (NASDAQ:LSCC) worth approximately $238,000 by purchasing 4,862 shares during the second quarter.
  • Wall Street analysts have given Lattice Semiconductor an average rating of "Buy," with a price target range between $57.00 and $75.00 as several firms revise their expectations.
  • Lattice Semiconductor reported **earnings of $0.24 per share**, aligning with consensus estimates, while revenues reached $123.97 million for the quarter, slightly exceeding expectations.
  • MarketBeat previews the top five stocks to own by October 1st.

Financiere des Professionnels Fonds d investissement inc. purchased a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,862 shares of the semiconductor company's stock, valued at approximately $238,000.

A number of other large investors also recently modified their holdings of LSCC. Allworth Financial LP raised its stake in shares of Lattice Semiconductor by 65.7% during the first quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 222 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of Lattice Semiconductor by 209.2% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 606 shares of the semiconductor company's stock worth $32,000 after buying an additional 410 shares in the last quarter. Summit Securities Group LLC bought a new stake in shares of Lattice Semiconductor during the 1st quarter worth about $32,000. Picton Mahoney Asset Management acquired a new stake in shares of Lattice Semiconductor in the 1st quarter worth approximately $36,000. Finally, UMB Bank n.a. boosted its holdings in shares of Lattice Semiconductor by 114.6% in the first quarter. UMB Bank n.a. now owns 1,414 shares of the semiconductor company's stock valued at $74,000 after acquiring an additional 755 shares in the last quarter. 98.08% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Robin Ann Abrams sold 15,000 shares of the stock in a transaction 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 completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 transaction, the chief accounting officer owned 87,776 shares in the company, valued at $5,698,417.92. This represents a 3.77% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 24,404 shares of company stock valued at $1,594,632. Company insiders own 1.19% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Needham & Company LLC boosted their target price on Lattice Semiconductor from $70.00 to $80.00 and gave the stock a "buy" rating in a report on Monday. Loop Capital lowered their price target on Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating on the stock in a research report on Tuesday, August 5th. Benchmark upped their price objective on Lattice Semiconductor from $60.00 to $75.00 and gave the company a "buy" rating in a report on Thursday, September 11th. 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. Finally, Wall Street Zen upgraded shares of Lattice Semiconductor from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th. Eleven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $65.67.

Check Out Our Latest Research Report on LSCC

Lattice Semiconductor Stock Performance

Shares of NASDAQ:LSCC traded up $2.57 during midday trading on Monday, reaching $74.71. The company had a trading volume of 3,391,892 shares, compared to its average volume of 2,830,469. The company has a fifty day simple moving average of $61.02 and a two-hundred day simple moving average of $54.03. The firm has a market cap of $10.23 billion, a price-to-earnings ratio of 324.84, a price-to-earnings-growth ratio of 5.30 and a beta of 1.62. Lattice Semiconductor Corporation has a 1-year low of $34.69 and a 1-year high of $75.75.

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

About Lattice Semiconductor

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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