Lattice Semiconductor Corporation $LSCC Stock: First Citizens Bank & Trust Co. Cuts Holdings

Key Points

• First Citizens Bank & Trust Co. cut its Lattice Semiconductor position by 64% in the third quarter, selling 9,928 shares and retaining 5,591 shares valued at approximately $702,000. Institutional investors and hedge funds collectively own 98.08% of LSCC.
• Lattice reported quarterly earnings of $0.53 per share, exceeding the $0.44 consensus estimate, while revenue rose 62.2% year over year to $201.08 million. The company issued third-quarter 2026 EPS guidance of $0.54 to $0.58.
• Analysts remain broadly positive, with 12 Buy ratings, one Strong Buy and two Holds, producing a “Moderate Buy” consensus and an average price target of $147.46 versus the stock’s cited $103.65 price.

First Citizens Bank & Trust Co. reduced its position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 64.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,591 shares of the semiconductor company's stock after selling 9,928 shares during the quarter. First Citizens Bank & Trust Co.'s holdings in Lattice Semiconductor were worth $702,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. bought a new position in Lattice Semiconductor during the second quarter valued at about $2,637,161,000. William Blair Investment Management LLC acquired a new stake in Lattice Semiconductor in the 2nd quarter valued at about $177,497,000. TimesSquare Capital Management LLC acquired a new stake in Lattice Semiconductor in the 2nd quarter valued at about $173,633,000. Bank of New York Mellon Corp bought a new position in shares of Lattice Semiconductor during the 2nd quarter valued at about $139,705,000. Finally, Wellington Management Group LLP boosted its position in shares of Lattice Semiconductor by 299.2% during the 2nd quarter. Wellington Management Group LLP now owns 685,935 shares of the semiconductor company's stock valued at $104,921,000 after purchasing an additional 514,105 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Lattice Semiconductor Stock Down 3.2%

Shares of NASDAQ:LSCC opened at $103.65 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02. The company has a market cap of $14.20 billion, a PE ratio of 184.64, a price-to-earnings-growth ratio of 1.64 and a beta of 1.83. Lattice Semiconductor Corporation has a 52 week low of $60.50 and a 52 week high of $157.01. The firm has a 50 day simple moving average of $119.95 and a 200 day simple moving average of $125.79.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its quarterly earnings data 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. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The firm had revenue of $201.08 million for the quarter, compared to analysts' expectations of $185.50 million. During the same period in the previous year, the company posted $0.24 EPS. The company's quarterly revenue was up 62.2% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, research analysts expect that Lattice Semiconductor Corporation will post 1.10 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Benchmark assumed coverage on shares of Lattice Semiconductor in a research note on Tuesday, August 25th. They issued a "buy" rating and a $160.00 price objective on the stock. Needham & Company LLC increased their target price on shares of Lattice Semiconductor from $140.00 to $160.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Royal Bank Of Canada raised their target price on shares of Lattice Semiconductor from $140.00 to $165.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. William Blair started coverage on shares of Lattice Semiconductor in a research report on Tuesday, October 6th. They issued an "outperform" rating on the stock. Finally, Rosenblatt Securities restated a "buy" rating and issued a $175.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $147.46.

Insider Activity at Lattice Semiconductor

In related news, SVP Pravin Desale sold 2,039 shares of the stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $111.83, for a total value of $228,021.37. Following the completion of the sale, the senior vice president directly owned 73,456 shares of the company's stock, valued at approximately $8,214,584.48. This represents a 2.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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, SVP Esam Elashmawi sold 15,742 shares of the firm's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $134.77, for a total value of $2,121,549.34. Following the sale, the senior vice president 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 disclosure for this sale is available in the SEC filing. 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. Over the last ninety days, insiders have sold 19,661 shares of company stock valued at $2,587,259. Company insiders own 0.62% of the company's stock.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation NASDAQ: LSCC is a fabless semiconductor company that develops low-power, programmable logic devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system-on-chip solutions, development boards, design tools and intellectual property.

The company's products are designed to provide flexible, power-efficient processing, control and connectivity for applications such as industrial equipment, communications infrastructure, automotive systems, consumer electronics, computing and aerospace and defense.

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