Canada Pension Plan Investment Board Purchases 30,700 Shares of Lattice Semiconductor Corporation $LSCC

Key Points

• The Canada Pension Plan Investment Board significantly increased its holdings in Lattice Semiconductor Corporation by 2,361.5% in Q1, now owning 32,000 shares valued at approximately $1.68 million.
• Lattice Semiconductor reported earnings of $0.24 per share for the last quarter, meeting analysts' expectations, with a slight year-over-year revenue decline of 0.1%.
• Institutional investors currently hold 98.08% of Lattice Semiconductor’s stock, reflecting strong confidence in the company's performance and future prospects.

Canada Pension Plan Investment Board boosted its position in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 2,361.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,000 shares of the semiconductor company's stock after purchasing an additional 30,700 shares during the period. Canada Pension Plan Investment Board's holdings in Lattice Semiconductor were worth $1,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the business. Allworth Financial LP grew its holdings in shares of Lattice Semiconductor by 65.7% during the first quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock valued at $28,000 after buying an additional 222 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in Lattice Semiconductor by 209.2% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 606 shares of the semiconductor company's stock valued at $32,000 after buying an additional 410 shares during the period. Summit Securities Group LLC acquired a new stake in shares of Lattice Semiconductor in the 1st quarter valued at $32,000. Picton Mahoney Asset Management purchased a new position in Lattice Semiconductor during the 1st quarter worth $36,000. Finally, UMB Bank n.a. boosted its holdings in shares of Lattice Semiconductor by 114.6% in the first quarter. UMB Bank n.a. now owns 1,414 shares of the semiconductor company's stock valued at $74,000 after acquiring an additional 755 shares in the last quarter. 98.08% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Tracy Ann Feanny sold 5,965 shares of Lattice Semiconductor stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $66.50, for a total value of $396,672.50. Following the sale, the senior vice president directly owned 79,480 shares in the company, valued at $5,285,420. This trade represents a 6.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robin Ann Abrams sold 15,000 shares of the business's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total transaction of $974,700.00. Following the transaction, the director owned 107,538 shares in the company, valued at approximately $6,987,819.24. The trade was a 12.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 24,404 shares of company stock worth $1,594,632 over the last ninety days. Insiders own 1.80% of the company's stock.

Lattice Semiconductor Stock Performance

Lattice Semiconductor stock traded up $0.04 during trading hours on Wednesday, reaching $66.17. 1,919,944 shares of the company's stock traded hands, compared to its average volume of 2,150,815. The firm has a market capitalization of $9.06 billion, a price-to-earnings ratio of 287.71, a PEG ratio of 4.86 and a beta of 1.62. The firm's 50 day moving average is $58.58 and its 200-day moving average is $53.84. Lattice Semiconductor Corporation has a fifty-two week low of $34.69 and a fifty-two week high of $70.55.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.24 earnings per share 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 business had revenue of $123.97 million for the quarter, compared to the consensus estimate of $123.60 million. During the same period last year, the company posted $0.23 EPS. 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. Analysts predict that Lattice Semiconductor Corporation will post 0.65 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on LSCC shares. Loop Capital cut their price target on shares of Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating on the stock in a research note on Tuesday, August 5th. Benchmark reiterated a "buy" rating and issued a $60.00 target price on shares of Lattice Semiconductor in a report on Tuesday, August 5th. TD Cowen dropped their target price on shares of Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating on the stock in a research report on Tuesday, August 5th. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $72.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. Eleven analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average 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.