First Citizens Bank & Trust Co. Has $962,000 Position in Lattice Semiconductor Corporation $LSCC

Key Points

• First Citizens Bank & Trust Co. increased its stake in Lattice Semiconductor by 257.7% during the second quarter, owning 19,633 shares valued at approximately $962,000.
• Lattice Semiconductor reported $0.24 EPS for the last quarter, meeting analysts' expectations, with quarterly revenue of $123.97 million.
• Wall Street analysts have given Lattice Semiconductor a rating of "Moderate Buy", with several firms adjusting their price targets for the stock, the highest being $85.00.

First Citizens Bank & Trust Co. raised its position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 257.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,633 shares of the semiconductor company's stock after purchasing an additional 14,144 shares during the quarter. First Citizens Bank & Trust Co.'s holdings in Lattice Semiconductor were worth $962,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. increased its stake 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. Robeco Institutional Asset Management B.V. acquired a new position in shares of Lattice Semiconductor in the first quarter worth $566,000. Teacher Retirement System of Texas acquired a new position in shares of Lattice Semiconductor in the first quarter worth $1,058,000. GAMMA Investing LLC increased its stake in shares of Lattice Semiconductor by 53.0% in the first quarter. GAMMA Investing LLC now owns 4,166 shares of the semiconductor company's stock worth $219,000 after acquiring an additional 1,443 shares during the last quarter. Finally, Voya Investment Management LLC increased its stake in shares of Lattice Semiconductor by 19.8% in the first quarter. Voya Investment Management LLC now owns 870,233 shares of the semiconductor company's stock worth $45,644,000 after acquiring an additional 143,691 shares during the last quarter. 98.08% of the stock is owned by institutional investors and hedge funds.

Lattice Semiconductor Price Performance

LSCC stock opened at $69.15 on Friday. Lattice Semiconductor Corporation has a 52-week low of $34.69 and a 52-week high of $76.61. The company has a 50-day moving average of $68.73 and a two-hundred day moving average of $56.70. The stock has a market capitalization of $9.47 billion, a price-to-earnings ratio of 300.67, a price-to-earnings-growth ratio of 5.30 and a beta of 1.66.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.24. Lattice Semiconductor had a net margin of 6.47% and a return on equity of 6.61%. The company had revenue of $123.97 million during the quarter, compared to analysts' expectations of $123.60 million. During the same period in the prior year, the company earned $0.23 earnings per share. The business's quarterly 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 analysts expect that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Insider Buying and Selling at Lattice Semiconductor

In related news, CAO Tonya Stevens sold 3,440 shares of the stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $74.93, for a total value of $257,759.20. Following the completion of the sale, the chief accounting officer owned 84,336 shares in the company, valued at approximately $6,319,296.48. This trade represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robin Ann Abrams sold 15,000 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $64.98, for a total transaction of $974,700.00. Following the completion of the sale, the director owned 107,538 shares of the company's stock, valued at approximately $6,987,819.24. The trade was a 12.24% decrease in their position. The disclosure for this sale can be found here. Insiders sold 27,844 shares of company stock worth $1,852,392 over the last ninety days. Company insiders own 1.80% of the company's stock.

Wall Street Analyst Weigh In

LSCC has been the topic of a number of research reports. TD Cowen dropped their price target on shares of Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating on the stock in a research note on Tuesday, August 5th. Needham & Company LLC upped their price objective on shares of Lattice Semiconductor from $70.00 to $80.00 and gave the stock a "buy" rating in a report on Monday, September 22nd. Wall Street Zen cut shares of Lattice Semiconductor from a "buy" rating to a "hold" rating in a report on Friday, October 3rd. KeyCorp upped their price objective on shares of Lattice Semiconductor from $70.00 to $85.00 and gave the stock an "overweight" rating in a report on Tuesday, September 30th. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $72.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, August 5th. 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 data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $67.75.

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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