Strs Ohio Invests $11.54 Million in Lattice Semiconductor Corporation $LSCC

Key Points

• Strs Ohio has acquired a new stake in Lattice Semiconductor Corporation, purchasing 220,000 shares valued at approximately $11.54 million, resulting in a 0.16% ownership in the company.
• Insider selling activity has been reported, including a sale of 15,000 shares by Director Robin Ann Abrams for $974,700, decreasing their ownership by 12.24%.
• Lattice Semiconductor's stock has recently seen price target adjustments from several analysts, with the average target now at $64.83 and a majority rating of "Buy."

Strs Ohio purchased a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 220,000 shares of the semiconductor company's stock, valued at approximately $11,539,000. Strs Ohio owned approximately 0.16% of Lattice Semiconductor at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of LSCC. Allworth Financial LP lifted its position in Lattice Semiconductor by 65.7% during the first quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock valued at $28,000 after buying an additional 222 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Lattice Semiconductor by 209.2% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 606 shares of the semiconductor company's stock valued at $32,000 after purchasing an additional 410 shares during the last quarter. Summit Securities Group LLC bought a new stake in Lattice Semiconductor during the first quarter valued at $32,000. Picton Mahoney Asset Management bought a new stake in Lattice Semiconductor during the first quarter valued at $36,000. Finally, UMB Bank n.a. grew its position in shares of Lattice Semiconductor by 114.6% during the first quarter. UMB Bank n.a. now owns 1,414 shares of the semiconductor company's stock worth $74,000 after acquiring an additional 755 shares during the last quarter. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Lattice Semiconductor

In other 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 transaction of $974,700.00. Following the completion of the transaction, the director directly owned 107,538 shares in the company, valued at $6,987,819.24. This trade represents a 12.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Tracy Ann Feanny sold 5,965 shares of the firm's stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $66.50, for a total value of $396,672.50. Following the sale, the senior vice president directly owned 79,480 shares of the company's stock, valued at $5,285,420. This represents a 6.98% decrease in their position. The disclosure for this sale can be found here. Insiders sold 24,404 shares of company stock worth $1,594,632 over the last ninety days. 1.80% of the stock is owned by insiders.

Lattice Semiconductor Trading Up 7.1%

Shares of NASDAQ:LSCC traded up $4.72 during trading on Thursday, hitting $71.64. 4,643,946 shares of the company's stock traded hands, compared to its average volume of 2,075,715. Lattice Semiconductor Corporation has a 52 week low of $34.69 and a 52 week high of $72.20. The company has a 50-day moving average price of $60.22 and a 200-day moving average price of $53.98. The company has a market cap of $9.81 billion, a price-to-earnings ratio of 311.49, a price-to-earnings-growth ratio of 4.92 and a beta of 1.62.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.24 earnings per share (EPS) 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 for the quarter, compared to analysts' expectations of $123.60 million. During the same quarter in the prior year, the business posted $0.23 EPS. The business's 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, analysts predict that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Rosenblatt Securities reaffirmed a "buy" rating and issued a $72.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, August 5th. TD Cowen dropped their price objective on shares of 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 increased their price objective on Lattice Semiconductor from $60.00 to $75.00 and gave the stock a "buy" rating in a report on Thursday, September 11th. Wall Street Zen upgraded Lattice Semiconductor from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. Finally, Loop Capital reduced their price objective 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 research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $64.83.

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.