Royal Bank of Canada Has $15.50 Million Holdings in Lattice Semiconductor Corporation $LSCC

Key Points

• Royal Bank of Canada reduced its Lattice Semiconductor stake by 21.6% in the first quarter, selling 46,025 shares and retaining 167,093 shares worth approximately $15.5 million. Institutional investors and hedge funds collectively own 98.08% of the company.
• Lattice reported quarterly adjusted EPS of $0.53, exceeding the $0.44 consensus estimate, while revenue reached $201.08 million, up 62.2% year over year and above expectations.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $144.38; RBC and TD Cowen both raised their targets to $165.

Royal Bank of Canada lowered its holdings in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 21.6% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 167,093 shares of the semiconductor company's stock after selling 46,025 shares during the period. Royal Bank of Canada owned 0.12% of Lattice Semiconductor worth $15,499,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Empowered Funds LLC lifted its holdings in Lattice Semiconductor by 385.6% during the 1st quarter. Empowered Funds LLC now owns 31,447 shares of the semiconductor company's stock worth $2,917,000 after purchasing an additional 24,971 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Lattice Semiconductor by 4.6% in the first quarter. The Manufacturers Life Insurance Company now owns 94,280 shares of the semiconductor company's stock valued at $8,745,000 after acquiring an additional 4,109 shares during the last quarter. Quantinno Capital Management LP raised its holdings in shares of Lattice Semiconductor by 16.4% during the 1st quarter. Quantinno Capital Management LP now owns 64,615 shares of the semiconductor company's stock worth $5,994,000 after buying an additional 9,112 shares in the last quarter. Lazard Asset Management LLC acquired a new position in Lattice Semiconductor during the first quarter worth about $952,000. Finally, Castleark Management LLC lifted its stake in Lattice Semiconductor by 2.9% in the 1st quarter. Castleark Management LLC now owns 91,639 shares of the semiconductor company's stock valued at $8,500,000 after purchasing an additional 2,620 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Lattice Semiconductor

In related news, SVP Pravin Desale sold 2,039 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $142.89, for a total transaction of $291,352.71. Following the completion of the transaction, the senior vice president owned 73,519 shares in the company, valued at approximately $10,505,129.91. This represents a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 Tracy Ann Feanny sold 2,740 shares of Lattice Semiconductor stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $151.84, for a total transaction of $416,041.60. Following the completion of the sale, the senior vice president directly owned 63,084 shares in the company, valued at approximately $9,578,674.56. This represents a 4.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 10,880 shares of company stock worth $1,646,582 in the last quarter. 0.62% of the stock is currently owned by company insiders.

Lattice Semiconductor Stock Up 1.0%

LSCC opened at $130.03 on Friday. Lattice Semiconductor Corporation has a fifty-two week low of $59.37 and a fifty-two week high of $157.01. The firm has a market capitalization of $17.82 billion, a P/E ratio of 500.12, a PEG ratio of 2.14 and a beta of 1.81. The company's 50-day moving average is $137.41 and its 200 day moving average is $115.69. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.69.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.44 by $0.09. The firm had revenue of $201.08 million during the quarter, compared to analyst estimates of $185.50 million. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The company's revenue for the quarter was up 62.2% on a year-over-year basis. During the same quarter last year, the business posted $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Research analysts expect that Lattice Semiconductor Corporation will post 1.02 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Weiss Ratings reiterated a "hold (c-)" rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. Royal Bank Of Canada lifted their target price on Lattice Semiconductor from $140.00 to $165.00 and gave the stock an "outperform" rating in a report on Wednesday. Wall Street Zen upgraded shares of Lattice Semiconductor from a "buy" rating to a "strong-buy" rating in a report on Saturday. TD Cowen upped their target price on Lattice Semiconductor from $145.00 to $165.00 and gave the stock a "buy" rating in a research report on Monday, July 13th. Finally, Needham & Company LLC increased their target price on Lattice Semiconductor from $140.00 to $160.00 and gave the stock a "buy" rating in a report on Wednesday. Twelve investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $144.38.

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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