J. Goldman & Co LP acquired a new stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 12,847 shares of the semiconductor company's stock, valued at approximately $1,965,000.
A number of other institutional investors have also recently added to or reduced their stakes in LSCC. Royal Bank of Canada lifted its holdings in shares of Lattice Semiconductor by 213.3% in the first quarter. Royal Bank of Canada now owns 176,938 shares of the semiconductor company's stock valued at $9,280,000 after buying an additional 120,464 shares during the period. AQR Capital Management LLC raised its position in Lattice Semiconductor by 59.5% in the first quarter. AQR Capital Management LLC now owns 8,799 shares of the semiconductor company's stock worth $460,000 after acquiring an additional 3,283 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Lattice Semiconductor by 37.8% in the first quarter. Goldman Sachs Group Inc. now owns 963,493 shares of the semiconductor company's stock worth $50,535,000 after acquiring an additional 264,329 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Lattice Semiconductor by 28.8% in the 2nd quarter. Cetera Investment Advisers now owns 6,432 shares of the semiconductor company's stock valued at $315,000 after acquiring an additional 1,440 shares during the last quarter. Finally, Guggenheim Capital LLC boosted its position in shares of Lattice Semiconductor by 9.5% during the 2nd quarter. Guggenheim Capital LLC now owns 19,746 shares of the semiconductor company's stock valued at $967,000 after purchasing an additional 1,717 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts recently commented on the stock. Stifel Nicolaus increased their target price on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the company a "buy" rating in a research note on Tuesday, May 5th. Royal Bank Of Canada upped their price target on Lattice Semiconductor from $140.00 to $165.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Robert W. Baird increased their price objective on Lattice Semiconductor from $120.00 to $135.00 and gave the company an "outperform" rating in a research report on Tuesday, May 5th. Zacks Research raised Lattice Semiconductor from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 10th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Lattice Semiconductor presently has an average rating of "Buy" and an average price target of $144.38.
Check Out Our Latest Stock Analysis on LSCC
Lattice Semiconductor Trading Up 1.7%
NASDAQ LSCC opened at $116.10 on Wednesday. The company has a current ratio of 3.02, a quick ratio of 2.33 and a debt-to-equity ratio of 0.04. Lattice Semiconductor Corporation has a 1-year low of $60.50 and a 1-year high of $157.01. The firm's fifty day simple moving average is $132.44 and its 200-day simple moving average is $119.31. The company has a market capitalization of $15.91 billion, a PE ratio of 446.54, a price-to-earnings-growth ratio of 1.73 and a beta of 1.81.
Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.09. The company had revenue of $201.08 million for the quarter, compared to analyst estimates of $185.50 million. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The business's revenue was up 62.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, sell-side analysts anticipate that Lattice Semiconductor Corporation will post 1.12 earnings per share 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 that occurred on Monday, August 17th. The shares were sold at an average price of $134.77, for a total value of $2,121,549.34. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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, Director James P. Lederer sold 6,101 shares of the firm's stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total transaction of $939,187.94. Following the transaction, the director owned 41,201 shares in the company, valued at $6,342,481.94. This represents a 12.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 28,502 shares of company stock valued at $4,005,820 over the last three months. 0.62% of the stock is owned by insiders.
Lattice Semiconductor Profile
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Free Report)
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company's product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice's solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
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