Paloma Partners Management Co Purchases 120,000 Shares of Lattice Semiconductor Corporation $LSCC

Key Points

• Paloma Partners Management Co increased its stake in Lattice Semiconductor Corporation by 200% in the first quarter, now holding 180,000 shares valued at approximately $9.44 million.
• Institutional investors own 98.08% of Lattice Semiconductor's stock, indicating strong institutional support and confidence in the company.
• Analysts have generally set a positive outlook on Lattice Semiconductor, with a consensus rating of "Buy" and an average target price of $63.58 per share.

Paloma Partners Management Co grew its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 200.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 180,000 shares of the semiconductor company's stock after buying an additional 120,000 shares during the quarter. Lattice Semiconductor accounts for 1.2% of Paloma Partners Management Co's investment portfolio, making the stock its 18th biggest position. Paloma Partners Management Co owned 0.13% of Lattice Semiconductor worth $9,441,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Beacon Pointe Advisors LLC purchased a new stake in Lattice Semiconductor during the fourth quarter valued at about $202,000. Northern Trust Corp raised its position in Lattice Semiconductor by 30.4% during the fourth quarter. Northern Trust Corp now owns 1,273,573 shares of the semiconductor company's stock valued at $72,148,000 after purchasing an additional 296,986 shares in the last quarter. Comerica Bank raised its position in Lattice Semiconductor by 4.5% during the fourth quarter. Comerica Bank now owns 122,522 shares of the semiconductor company's stock valued at $6,941,000 after purchasing an additional 5,248 shares in the last quarter. Bank of America Corp DE raised its position in Lattice Semiconductor by 18.1% during the fourth quarter. Bank of America Corp DE now owns 1,727,479 shares of the semiconductor company's stock valued at $97,862,000 after purchasing an additional 264,703 shares in the last quarter. Finally, Baird Financial Group Inc. purchased a new stake in Lattice Semiconductor during the fourth quarter valued at about $386,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Lattice Semiconductor Stock Up 0.2%

Shares of LSCC traded up $0.14 during trading hours on Friday, hitting $66.11. The company had a trading volume of 2,228,226 shares, compared to its average volume of 2,314,399. The stock's 50 day moving average price is $57.63 and its 200 day moving average price is $53.88. The firm has a market cap of $9.05 billion, a P/E ratio of 287.45, a P/E/G ratio of 4.85 and a beta of 1.62. Lattice Semiconductor Corporation has a 52-week low of $34.69 and a 52-week high of $70.55.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its earnings results on Monday, August 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. The company had revenue of $123.97 million for 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%.Lattice Semiconductor's quarterly revenue was down .1% on a year-over-year basis. During the same period last year, the firm earned $0.23 earnings per share. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. On average, research analysts expect that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Analysts Set New Price Targets

LSCC has been the topic of a number of research reports. Loop Capital lowered their price target on Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating on the stock in a research report on Tuesday, August 5th. Rosenblatt Securities restated a "buy" rating and set a $72.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, August 5th. Benchmark reiterated a "buy" rating and issued a $60.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, August 5th. Finally, TD Cowen decreased their price objective on Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating on the stock in a report on Tuesday, August 5th. Eleven research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $63.58.

Insider Buying and Selling

In related news, Director Robin Ann Abrams sold 15,000 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total value of $974,700.00. Following the sale, the director directly owned 107,538 shares of the company's stock, valued at $6,987,819.24. This trade represents a 12.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Tracy Ann Feanny sold 5,965 shares of the firm's stock in a transaction dated Thursday, August 28th. The stock was 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 directly owned 79,480 shares in the company, valued at $5,285,420. The trade was a 6.98% 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 valued at $1,594,632 over the last ninety days. 1.80% of the stock is owned by insiders.

About Lattice Semiconductor

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.