Nuveen LLC Acquires New Holdings in Lattice Semiconductor Corporation $LSCC

Nuveen LLC purchased a new stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 493,925 shares of the semiconductor company's stock, valued at approximately $25,906,000. Nuveen LLC owned 0.36% of Lattice Semiconductor as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of LSCC. Allworth Financial LP increased its stake in Lattice Semiconductor by 65.7% in the first quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 222 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in Lattice Semiconductor by 209.2% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 606 shares of the semiconductor company's stock worth $32,000 after purchasing an additional 410 shares during the period. Picton Mahoney Asset Management purchased a new stake in Lattice Semiconductor in the first quarter worth $36,000. Johnson Financial Group Inc. purchased a new stake in Lattice Semiconductor in the fourth quarter worth $52,000. Finally, UMB Bank n.a. increased its stake in Lattice Semiconductor by 114.6% in the first quarter. UMB Bank n.a. now owns 1,414 shares of the semiconductor company's stock worth $74,000 after purchasing an additional 755 shares during the period. Hedge funds and other institutional investors own 98.08% of the company's stock.

Insiders Place Their Bets

In related news, CAO Tonya Stevens sold 3,439 shares of the firm's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $64.92, for a total transaction of $223,259.88. Following the sale, the chief accounting officer owned 87,776 shares of the company's stock, valued at $5,698,417.92. This trade represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. TD Cowen reduced their target price on Lattice Semiconductor from $62.00 to $57.00 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 research note on Tuesday, August 5th. Loop Capital reduced their target price on Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating on the stock in a research note on Tuesday, August 5th. Williams Trading set a $60.00 price target on Lattice Semiconductor in a research note on Tuesday, May 6th. Finally, KeyCorp cut their price target on Lattice Semiconductor from $75.00 to $70.00 and set an "overweight" rating on the stock in a research note on Tuesday, May 6th. Eleven research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of "Buy" and an average target price of $63.58.

Lattice Semiconductor Trading Up 5.6%

Shares of Lattice Semiconductor stock traded up $3.4760 during trading on Friday, hitting $65.0060. 421,027 shares of the stock traded hands, compared to its average volume of 2,665,823. The firm has a market cap of $8.90 billion, a P/E ratio of 282.65, a price-to-earnings-growth ratio of 4.51 and a beta of 1.52. Lattice Semiconductor Corporation has a 52-week low of $34.69 and a 52-week high of $70.55. The stock's fifty day simple moving average is $54.10 and its 200 day simple moving average is $53.37.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.24 EPS for the quarter, meeting the consensus estimate of $0.24. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.The firm had revenue of $123.97 million for the quarter, compared to analyst estimates of $123.60 million. During the same quarter last year, the firm posted $0.23 earnings per share. The business'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. As a group, equities analysts expect that Lattice Semiconductor Corporation will post 0.65 EPS for the current year.

Lattice Semiconductor 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.