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TD Asset Management Inc Purchases 97,610 Shares of Lattice Semiconductor Corporation $LSCC

Lattice Semiconductor logo with Computer and Technology background

Key Points

  • TD Asset Management Inc increased its stake in Lattice Semiconductor Corporation by 5.7%, acquiring an additional 97,610 shares, bringing their total ownership to approximately 1.32% of the company valued at $89 million.
  • In the second quarter, several other large investors also increased their positions in Lattice Semiconductor, resulting in institutional investors owning 98.08% of the stock.
  • Lattice Semiconductor reported earnings of $0.24 EPS for the latest quarter, meeting consensus estimates, while revenues declined slightly 0.1% year-over-year.
  • MarketBeat previews top five stocks to own in November.

TD Asset Management Inc increased its position in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 5.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,817,854 shares of the semiconductor company's stock after acquiring an additional 97,610 shares during the quarter. TD Asset Management Inc owned about 1.32% of Lattice Semiconductor worth $89,057,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings 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 purchasing an additional 222 shares during the last quarter. Summit Securities Group LLC bought a new stake in Lattice Semiconductor during the first quarter valued at approximately $32,000. Picton Mahoney Asset Management bought a new stake in Lattice Semiconductor during the first quarter valued at approximately $36,000. Farther Finance Advisors LLC lifted its position in Lattice Semiconductor by 89.8% during the second quarter. Farther Finance Advisors LLC now owns 879 shares of the semiconductor company's stock valued at $43,000 after purchasing an additional 416 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Lattice Semiconductor by 242.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,454 shares of the semiconductor company's stock valued at $76,000 after purchasing an additional 1,029 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Stock Performance

Shares of LSCC opened at $71.00 on Wednesday. The firm has a market cap of $9.72 billion, a price-to-earnings ratio of 308.71, a PEG ratio of 5.44 and a beta of 1.66. Lattice Semiconductor Corporation has a fifty-two week low of $34.69 and a fifty-two week high of $76.61. The firm has a 50 day moving average price of $67.50 and a 200-day moving average price of $55.42.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its earnings results on Monday, August 4th. The semiconductor company reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. Lattice Semiconductor had a net margin of 6.47% and a return on equity of 6.61%. The company had revenue of $123.97 million for the quarter, compared to the consensus estimate of $123.60 million. During the same period in the previous year, the firm earned $0.23 earnings per share. The firm's revenue for the quarter was down .1% on a year-over-year basis. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. As a group, equities research analysts predict that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Robin Ann Abrams sold 15,000 shares of Lattice Semiconductor stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $64.98, for a total value of $974,700.00. Following the transaction, the director directly owned 107,538 shares of the company's stock, valued at $6,987,819.24. The trade was a 12.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Tracy Ann Feanny sold 5,965 shares of Lattice Semiconductor 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 completion of the transaction, the senior vice president directly owned 79,480 shares in the company, valued at approximately $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 a total of 27,844 shares of company stock valued at $1,852,392 over the last three months. 1.19% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on LSCC. Benchmark lifted their target price on shares of Lattice Semiconductor from $60.00 to $75.00 and gave the company a "buy" rating in a research report on Thursday, September 11th. 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. Rosenblatt Securities reiterated a "buy" rating and set a $72.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, August 5th. Wall Street Zen lowered shares of Lattice Semiconductor from a "buy" rating to a "hold" rating in a report on Friday, October 3rd. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Lattice Semiconductor in a report on Wednesday, October 8th. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, Lattice Semiconductor has an average rating of "Moderate Buy" and a consensus target price of $66.92.

View Our Latest Stock Analysis on LSCC

Lattice Semiconductor Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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