Osterweis Capital Management Inc. Makes New $12.22 Million Investment in Lattice Semiconductor Corporation $LSCC

Key Points

• Osterweis Capital Management initiated a $12.22 million position in Lattice Semiconductor, purchasing 79,865 shares. Institutional investors collectively own 98.08% of the company.
• Lattice reported quarterly EPS of $0.53, beating estimates by $0.09, while revenue rose 62.2% year over year to $201.08 million. Analysts maintain a consensus “Buy” rating with an average price target of $144.38.
• LSCC shares opened at $114.15 after falling 3.0%, well below the 52-week high of $157.01. Two insiders recently sold shares, including transactions conducted under a Rule 10b5-1 plan to cover tax obligations.

Osterweis Capital Management Inc. bought a new stake in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 79,865 shares of the semiconductor company's stock, valued at approximately $12,216,000. Osterweis Capital Management Inc. owned about 0.06% of Lattice Semiconductor as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in the company. iSAM Funds UK Ltd acquired a new position in shares of Lattice Semiconductor during the 3rd quarter worth $25,000. Smartleaf Asset Management LLC boosted its position in shares of Lattice Semiconductor by 462.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company's stock worth $29,000 after buying an additional 324 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in Lattice Semiconductor in the 3rd quarter valued at about $31,000. Advisory Services Network LLC acquired a new stake in Lattice Semiconductor in the 3rd quarter valued at about $34,000. Finally, Larson Financial Group LLC increased its holdings in Lattice Semiconductor by 52.2% during the 4th quarter. Larson Financial Group LLC now owns 589 shares of the semiconductor company's stock valued at $43,000 after acquiring an additional 202 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company's stock.

Analyst Upgrades and Downgrades

LSCC has been the topic of several recent research reports. Robert W. Baird upped their price target on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the company an "outperform" rating in a report on Tuesday, May 5th. Rosenblatt Securities reissued a "buy" rating and set a $175.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft lifted their price objective on Lattice Semiconductor from $150.00 to $175.00 and gave the stock a "buy" rating in a research report on Friday, May 22nd. TD Cowen upped their target price on Lattice Semiconductor from $145.00 to $165.00 and gave the company a "buy" rating in a research note on Monday, July 13th. Finally, Zacks Research upgraded Lattice Semiconductor from a "hold" rating to a "strong-buy" rating in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $144.38.

Lattice Semiconductor Trading Down 3.0%

Shares of LSCC stock opened at $114.15 on Tuesday. The company has a market capitalization of $15.64 billion, a price-to-earnings ratio of 439.04, a PEG ratio of 1.79 and a beta of 1.81. The company has a current ratio of 3.02, a quick ratio of 2.33 and a debt-to-equity ratio of 0.04. The firm has a 50-day moving average price of $132.99 and a 200 day moving average price of $119.07. Lattice Semiconductor Corporation has a twelve month low of $60.50 and a twelve month high of $157.01.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.09. The company had revenue of $201.08 million for the quarter, compared to analysts' expectations of $185.50 million. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The firm's revenue for the quarter was up 62.2% compared to the same quarter last year. During the same period last year, the company earned $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Research analysts forecast that Lattice Semiconductor Corporation will post 1.12 earnings per share for the current fiscal year.

Insider Activity

In related news, Director James P. Lederer sold 6,101 shares of the company's stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total transaction of $939,187.94. Following the transaction, the director owned 41,201 shares of the company's stock, valued at approximately $6,342,481.94. This represents a 12.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Pravin Desale sold 2,039 shares of the firm's stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $142.89, for a total transaction of $291,352.71. Following the sale, the senior vice president owned 73,519 shares in the company, valued at approximately $10,505,129.91. This trade represents a 2.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 sold 28,502 shares of company stock worth $4,005,820. 0.62% of the stock is currently owned by corporate insiders.

Lattice Semiconductor Profile

Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company's product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice's solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.

The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.

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