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Lattice Semiconductor Corporation $LSCC Shares Bought by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

Lattice Semiconductor logo with Computer and Technology background

Key Points

  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Lattice Semiconductor Corporation by 13.0%, bringing its total ownership to approximately $8.375 million after acquiring an additional 18,315 shares.
  • Multiple institutional investors have also boosted their holdings in Lattice Semiconductor, with notable increases including a 209.2% stake increase from MassMutual Private Wealth & Trust FSB.
  • Lattice Semiconductor reported earnings of $0.24 per share for the quarter, meeting analyst expectations, with a total revenue of $123.97 million, slightly above analyst forecasts.
  • Five stocks to consider instead of Lattice Semiconductor.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 13.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 159,675 shares of the semiconductor company's stock after buying an additional 18,315 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.12% of Lattice Semiconductor worth $8,375,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in LSCC. Price T Rowe Associates Inc. MD increased its stake in shares of Lattice Semiconductor by 24.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,800,552 shares of the semiconductor company's stock worth $409,139,000 after purchasing an additional 1,517,395 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of Lattice Semiconductor by 740.3% in the 4th quarter. Janus Henderson Group PLC now owns 1,357,119 shares of the semiconductor company's stock worth $76,843,000 after purchasing an additional 1,195,624 shares in the last quarter. Invesco Ltd. increased its stake in shares of Lattice Semiconductor by 93.2% in the 1st quarter. Invesco Ltd. now owns 2,158,092 shares of the semiconductor company's stock worth $113,192,000 after purchasing an additional 1,040,804 shares in the last quarter. Alliancebernstein L.P. increased its stake in Lattice Semiconductor by 146.8% in the 1st quarter. Alliancebernstein L.P. now owns 1,440,083 shares of the semiconductor company's stock worth $75,532,000 after buying an additional 856,568 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in Lattice Semiconductor in the 1st quarter worth $25,906,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Lattice Semiconductor

In other news, Director Robin Ann Abrams sold 15,000 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $64.98, for a total transaction of $974,700.00. Following the completion of the sale, the director owned 107,538 shares in the company, valued at approximately $6,987,819.24. This represents a 12.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 completion of the sale, the senior vice president owned 79,480 shares in the company, valued at approximately $5,285,420. This trade represents a 6.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 24,404 shares of company stock worth $1,594,632 over the last 90 days. Corporate insiders own 1.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on LSCC. Loop Capital cut their price objective 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. Rosenblatt Securities reissued a "buy" rating and issued a $72.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. TD Cowen cut their price target on shares of Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating on the stock in a report on Tuesday, August 5th. Finally, Benchmark boosted their price objective on shares of Lattice Semiconductor from $60.00 to $75.00 and gave the company a "buy" rating in a report on Thursday. Eleven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Lattice Semiconductor has a consensus rating of "Buy" and an average target price of $64.83.

Get Our Latest Stock Report on Lattice Semiconductor

Lattice Semiconductor Stock Down 2.4%

LSCC traded down $1.61 during trading on Friday, reaching $64.41. The company's stock had a trading volume of 1,902,183 shares, compared to its average volume of 2,096,373. The firm has a fifty day simple moving average of $59.11 and a two-hundred day simple moving average of $53.84. Lattice Semiconductor Corporation has a 1 year low of $34.69 and a 1 year high of $70.55. The company has a market cap of $8.82 billion, a price-to-earnings ratio of 280.06, a PEG ratio of 4.85 and a beta of 1.62.

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, hitting analysts' consensus estimates of $0.24. The business had revenue of $123.97 million during the quarter, compared to analysts' expectations of $123.60 million. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.The company's revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.23 EPS. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. As a group, equities analysts forecast that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Lattice Semiconductor Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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