Granahan Investment Management LLC Sells 38,225 Shares of Lattice Semiconductor Corporation $LSCC

Key Points

• Granahan Investment Management LLC reduced its stake in Lattice Semiconductor Corporation by 30.6%, now holding approximately 86,716 shares valued at $4.55 million as of the last reporting period.
• Several large investors have increased their positions in Lattice, with notable increases from Bank of America (up 18.1%) and Captrust Financial Advisors (up 53.8%) during the fourth quarter.
• Lattice Semiconductor's stock opened at $65.97, with a fifty-two week range of $34.69 to $70.55, and the company reported a net margin of 6.47% for the most recent quarter.

Granahan Investment Management LLC cut its stake in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 30.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,716 shares of the semiconductor company's stock after selling 38,225 shares during the quarter. Granahan Investment Management LLC owned about 0.06% of Lattice Semiconductor worth $4,548,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of LSCC. Bank of America Corp DE increased its position in shares of Lattice Semiconductor by 18.1% during the fourth quarter. Bank of America Corp DE now owns 1,727,479 shares of the semiconductor company's stock valued at $97,862,000 after buying an additional 264,703 shares during the period. Baird Financial Group Inc. bought a new position in shares of Lattice Semiconductor in the 4th quarter worth about $386,000. Captrust Financial Advisors increased its stake in shares of Lattice Semiconductor by 53.8% in the 4th quarter. Captrust Financial Advisors now owns 10,781 shares of the semiconductor company's stock worth $611,000 after acquiring an additional 3,771 shares in the last quarter. Brevan Howard Capital Management LP increased its stake in shares of Lattice Semiconductor by 88.1% in the 4th quarter. Brevan Howard Capital Management LP now owns 10,447 shares of the semiconductor company's stock worth $592,000 after acquiring an additional 4,893 shares in the last quarter. Finally, Crestline Management LP bought a new position in shares of Lattice Semiconductor in the 4th quarter worth about $1,598,000. Hedge funds and other institutional investors own 98.08% of the company's stock.

Analyst Upgrades and Downgrades

LSCC has been the subject of several research reports. Loop Capital decreased their price target on shares of Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating for the company in a research note on Tuesday, August 5th. TD Cowen decreased their price target on shares of Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating for the company in a research note on Tuesday, August 5th. Rosenblatt Securities reiterated a "buy" rating and issued a $72.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. Finally, Benchmark restated a "buy" rating and set a $60.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. Eleven research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Lattice Semiconductor presently has an average rating of "Buy" and an average target price of $63.58.

Insider Transactions at Lattice Semiconductor

In other news, SVP Tracy Ann Feanny sold 5,965 shares of the firm'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 completion of the sale, the senior vice president owned 79,480 shares in the company, valued at approximately $5,285,420. This trade represents a 6.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Tonya Stevens sold 3,439 shares of the firm's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $64.92, for a total transaction of $223,259.88. Following the completion of the sale, the chief accounting officer owned 87,776 shares of the company's stock, valued at $5,698,417.92. This trade represents a 3.77% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 24,404 shares of company stock worth $1,594,632. 1.19% of the stock is currently owned by insiders.

Lattice Semiconductor Stock Down 0.8%

NASDAQ:LSCC traded down $0.54 during trading hours on Tuesday, hitting $66.13. 1,781,953 shares of the stock traded hands, compared to its average volume of 2,649,066. Lattice Semiconductor Corporation has a 1 year low of $34.69 and a 1 year high of $70.55. The company has a market cap of $9.05 billion, a price-to-earnings ratio of 287.53, a price-to-earnings-growth ratio of 4.86 and a beta of 1.62. The stock has a 50 day moving average price of $57.98 and a 200 day moving average price of $53.67.

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

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.