Wellington Management Group LLP Raises Position in Lattice Semiconductor Corporation $LSCC

Key Points

• Wellington Management Group LLP increased its position in Lattice Semiconductor by 71.8% in Q1, acquiring an additional 382,106 shares, bringing its total ownership to approximately $47.95 million.
• Other institutional investors, such as Allworth Financial LP and MassMutual Private Wealth & Trust FSB, also significantly increased their holdings, contributing to the fact that 98.08% of the company's stock is now owned by institutional investors.
• Lattice Semiconductor reported earnings per share (EPS) of $0.24 for the quarter, matching analyst expectations, while their revenue of $123.97 million slightly exceeded predictions.

Wellington Management Group LLP lifted its position in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 71.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 914,217 shares of the semiconductor company's stock after buying an additional 382,106 shares during the quarter. Wellington Management Group LLP owned about 0.66% of Lattice Semiconductor worth $47,951,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Brooklyn Investment Group grew its position in Lattice Semiconductor by 50.3% in the first quarter. Brooklyn Investment Group now owns 2,538 shares of the semiconductor company's stock valued at $133,000 after acquiring an additional 849 shares during the period. Summit Securities Group LLC bought a new position in shares of Lattice Semiconductor during the 1st quarter worth approximately $32,000. Algert Global LLC acquired a new stake in Lattice Semiconductor during the 1st quarter worth approximately $1,138,000. Ethic Inc. raised its holdings in Lattice Semiconductor by 7.4% in the 1st quarter. Ethic Inc. now owns 23,614 shares of the semiconductor company's stock valued at $1,250,000 after acquiring an additional 1,621 shares in the last quarter. Finally, Aberdeen Group plc raised its holdings in shares of Lattice Semiconductor by 1.2% during the 1st quarter. Aberdeen Group plc now owns 372,556 shares of the semiconductor company's stock worth $19,541,000 after buying an additional 4,366 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Lattice Semiconductor

In other Lattice Semiconductor news, CAO Tonya Stevens sold 3,439 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $64.92, for a total transaction of $223,259.88. Following the sale, the chief accounting officer directly owned 87,776 shares in the company, valued at $5,698,417.92. This represents a 3.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Tracy Ann Feanny sold 5,965 shares of the firm's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $66.50, for a total transaction of $396,672.50. Following the completion of the sale, the senior vice president owned 79,480 shares in the company, valued at $5,285,420. The trade was a 6.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.80% of the company's stock.

Lattice Semiconductor Price Performance

Shares of NASDAQ:LSCC traded down $0.27 during trading on Friday, reaching $66.38. 2,622,705 shares of the company were exchanged, compared to its average volume of 3,131,602. The firm has a market capitalization of $9.09 billion, a PE ratio of 288.62, a P/E/G ratio of 4.90 and a beta of 1.52. The business's fifty day simple moving average is $56.03 and its 200-day simple moving average is $53.80. Lattice Semiconductor Corporation has a 12-month low of $34.69 and a 12-month high of $70.55.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its 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. 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 the consensus estimate of $123.60 million. During the same period last year, the firm earned $0.23 earnings per share. Lattice Semiconductor's 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. On average, sell-side analysts anticipate that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

LSCC has been the topic of a number of research reports. Benchmark reaffirmed a "buy" rating and set a $60.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. Robert W. Baird raised their price target on Lattice Semiconductor from $42.00 to $50.00 and gave the company an "outperform" rating in a research report on Tuesday, May 6th. Loop Capital decreased their price objective on Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating on the stock in a report on Tuesday, August 5th. Williams Trading set a $60.00 price objective on Lattice Semiconductor in a research report on Tuesday, May 6th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $70.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. Eleven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $63.58.

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.