S Squared Technology LLC Purchases 30,000 Shares of Lattice Semiconductor Corporation $LSCC

Key Points

• S Squared Technology LLC increased its stake in Lattice Semiconductor Corporation by 17.1%, owning 205,373 shares valued at approximately $10.77 million as of the last reporting period.
• Lattice Semiconductor reported $0.24 earnings per share, meeting analysts' expectations, with a revenue of $123.97 million during the last quarter, reflecting a slight decline of 0.1% compared to the previous year.
• Several brokerages have reiterated a "buy" rating for Lattice Semiconductor, with price targets ranging from $57.00 to $72.00, suggesting a strong consensus among analysts for the stock's potential growth.

S Squared Technology LLC lifted its position in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 17.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 205,373 shares of the semiconductor company's stock after acquiring an additional 30,000 shares during the period. Lattice Semiconductor accounts for approximately 5.5% of S Squared Technology LLC's investment portfolio, making the stock its 4th biggest holding. S Squared Technology LLC owned about 0.15% of Lattice Semiconductor worth $10,772,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP grew its stake in Lattice Semiconductor by 65.7% during the 1st quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 222 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position 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 valued at $32,000 after buying an additional 410 shares during the last quarter. Summit Securities Group LLC acquired a new position in Lattice Semiconductor in the 1st quarter worth approximately $32,000. Picton Mahoney Asset Management purchased a new position in Lattice Semiconductor during the 1st quarter worth approximately $36,000. Finally, UMB Bank n.a. lifted its stake in Lattice Semiconductor by 114.6% during the 1st quarter. UMB Bank n.a. now owns 1,414 shares of the semiconductor company's stock valued at $74,000 after acquiring an additional 755 shares during the period. Institutional investors and hedge funds own 98.08% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on LSCC. Wall Street Zen upgraded shares of Lattice Semiconductor from a "hold" rating to a "buy" rating in a research note on Saturday. TD Cowen cut their price target on Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating on the stock 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 report on Tuesday, August 5th. Benchmark raised their target price on Lattice Semiconductor from $60.00 to $75.00 and gave the stock a "buy" rating in a report on Thursday. Finally, Loop Capital reduced their price target 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. Eleven investment analysts have rated the stock with a Buy rating, According to MarketBeat, Lattice Semiconductor has a consensus rating of "Buy" and an average target price of $64.83.

Insider Activity

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 5,965 shares of the company's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $66.50, for a total transaction of $396,672.50. Following the completion of the transaction, the senior vice president directly owned 79,480 shares in the company, valued at approximately $5,285,420. This represents a 6.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Robin Ann Abrams sold 15,000 shares of Lattice Semiconductor 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 trade represents a 12.24% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 24,404 shares of company stock worth $1,594,632 in the last quarter. Corporate insiders own 1.80% of the company's stock.

Lattice Semiconductor Stock Down 2.4%

Shares of NASDAQ:LSCC traded down $1.61 during trading on Friday, reaching $64.41. 1,902,183 shares of the company's stock traded hands, compared to its average volume of 2,073,457. Lattice Semiconductor Corporation has a fifty-two week low of $34.69 and a fifty-two week high of $70.55. The company has a 50-day simple moving average of $59.11 and a 200-day simple moving average of $53.72. The firm has a market cap of $8.82 billion, a PE ratio of 280.06, a P/E/G ratio of 4.73 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. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.The company had revenue of $123.97 million during the quarter, compared to analysts' expectations of $123.60 million. During the same quarter in the prior year, the firm posted $0.23 EPS. Lattice Semiconductor's quarterly revenue was down .1% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. On average, equities research analysts forecast 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.