Alliancebernstein L.P. Has $75.53 Million Stake in Lattice Semiconductor Corporation $LSCC

Key Points

• Alliancebernstein L.P. increased its stake in Lattice Semiconductor Corporation by 146.8% in Q1, now owning 1,440,083 shares worth approximately $75.5 million.
• Several analysts have given Lattice Semiconductor a "buy" rating with price targets ranging from $57.00 to $75.00, reflecting positive investor sentiment.
• Insider trading reveals a 6.98% decrease in ownership by SVP Tracy Ann Feanny, after selling nearly 6,000 shares at an average price of $66.50.

Alliancebernstein L.P. increased its stake in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 146.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,440,083 shares of the semiconductor company's stock after purchasing an additional 856,568 shares during the period. Alliancebernstein L.P. owned approximately 1.05% of Lattice Semiconductor worth $75,532,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. lifted its stake in Lattice Semiconductor by 8.7% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,794 shares of the semiconductor company's stock valued at $514,000 after acquiring an additional 787 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Lattice Semiconductor by 326.8% in the first quarter. SG Americas Securities LLC now owns 7,824 shares of the semiconductor company's stock valued at $410,000 after purchasing an additional 5,991 shares during the last quarter. Robeco Institutional Asset Management B.V. bought a new stake in shares of Lattice Semiconductor in the first quarter worth $566,000. Teacher Retirement System of Texas acquired a new position in Lattice Semiconductor during the first quarter worth $1,058,000. Finally, GAMMA Investing LLC grew its position in Lattice Semiconductor by 53.0% in the first quarter. GAMMA Investing LLC now owns 4,166 shares of the semiconductor company's stock valued at $219,000 after purchasing an additional 1,443 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company's stock.

Lattice Semiconductor Price Performance

LSCC stock traded down $1.61 during midday trading on Friday, reaching $64.41. 1,902,183 shares of the company were exchanged, compared to its average volume of 2,096,373. Lattice Semiconductor Corporation has a one year low of $34.69 and a one year high of $70.55. The firm has a market capitalization of $8.82 billion, a price-to-earnings ratio of 280.06, a price-to-earnings-growth ratio of 4.85 and a beta of 1.62. The business has a 50-day moving average price of $59.11 and a two-hundred day moving average price of $53.84.

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 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 firm had revenue of $123.97 million for the quarter, compared to analysts' expectations of $123.60 million. During the same period in the prior year, the firm earned $0.23 EPS. The business's revenue was down .1% on a year-over-year basis. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. As a group, analysts anticipate that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current fiscal year.

Insider Activity at Lattice Semiconductor

In related news, Director Robin Ann Abrams sold 15,000 shares of Lattice Semiconductor stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $64.98, for a total value of $974,700.00. Following the transaction, the director directly owned 107,538 shares of the company's stock, valued at $6,987,819.24. This trade represents a 12.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Tonya Stevens sold 3,439 shares of the business's 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 transaction, the chief accounting officer owned 87,776 shares of the company's stock, valued at approximately $5,698,417.92. This represents a 3.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 24,404 shares of company stock valued at $1,594,632 over the last quarter. 1.80% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on LSCC shares. Benchmark boosted their price target on shares of Lattice Semiconductor from $60.00 to $75.00 and gave the stock a "buy" rating in a research report on Thursday. Rosenblatt Securities reiterated a "buy" rating and set a $72.00 target price on shares of Lattice Semiconductor in a report on Tuesday, August 5th. Loop Capital reduced their price target on Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating for the company in a research report on Tuesday, August 5th. Finally, TD Cowen lowered their price target on Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating on the stock in a research report on Tuesday, August 5th. Eleven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $64.83.

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.