Strs Ohio Takes Position 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 stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) during the 1st quarter, according to the company in its most recent disclosure 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 hedge funds and other institutional investors have also recently modified their holdings of LSCC. Allworth Financial LP lifted its stake in shares of 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 buying an additional 222 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings 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 acquiring an additional 410 shares during the period. Summit Securities Group LLC purchased a new position in shares of Lattice Semiconductor in the first quarter valued at about $32,000. Picton Mahoney Asset Management purchased a new position in shares of Lattice Semiconductor in the first quarter valued at about $36,000. Finally, UMB Bank n.a. boosted its stake in shares of Lattice Semiconductor by 114.6% in 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 period. 98.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on LSCC. Benchmark lifted their target price on Lattice Semiconductor from $60.00 to $75.00 and gave the company a "buy" rating in a research note on Thursday. Rosenblatt Securities reaffirmed a "buy" rating and set a $72.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, August 5th. Wall Street Zen raised shares of Lattice Semiconductor from a "hold" rating to a "buy" rating in a report on Saturday. TD Cowen dropped their target price on shares of Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating for the company in a research report on Tuesday, August 5th. Finally, Loop Capital cut their target price on shares of Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating for the company in a research note on Tuesday, August 5th. Eleven investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $64.83.

Insider Activity

In related news, SVP Tracy Ann Feanny sold 5,965 shares of the stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $66.50, for a total transaction of $396,672.50. Following the sale, the senior vice president owned 79,480 shares in the company, valued at approximately $5,285,420. This represents a 6.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Tonya Stevens sold 3,439 shares of the stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $64.92, for a total transaction of $223,259.88. Following the completion of the sale, the chief accounting officer directly owned 87,776 shares in the company, valued at approximately $5,698,417.92. This represents a 3.77% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,404 shares of company stock valued at $1,594,632. 1.19% of the stock is currently owned by insiders.

Lattice Semiconductor Stock Performance

LSCC remained flat at $64.41 during trading hours on Monday. 2,110,920 shares of the company traded hands, compared to its average volume of 2,073,457. The firm has a market cap of $8.82 billion, a PE ratio of 280.06, a price-to-earnings-growth ratio of 4.73 and a beta of 1.62. The firm has a 50 day moving average of $59.38 and a 200-day moving average of $53.73. Lattice Semiconductor Corporation has a 12 month low of $34.69 and a 12 month high of $70.55.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.24 EPS for the quarter, meeting the consensus estimate of $0.24. Lattice Semiconductor had a net margin of 6.47% and a return on equity of 6.61%. The business had revenue of $123.97 million during the quarter, compared to analyst estimates of $123.60 million. During the same quarter last year, the business earned $0.23 earnings per share. 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. As a group, equities analysts predict that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current year.

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.