UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Sells 43,882 Shares of Lattice Semiconductor Corporation $LSCC

Key Points

• UBS Asset Management reduced its holdings in Lattice Semiconductor by 2.8%, selling 43,882 shares and retaining 1,522,105 shares worth approximately $79.83 million.
• Recent analyst reports show a consensus "Buy" rating for Lattice Semiconductor, with target prices ranging from $57.00 to $75.00.
• Lattice Semiconductor reported earnings of $0.24 per share for the last quarter, matching analysts' expectations, with revenue of approximately $123.97 million.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lessened its stake in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 2.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,522,105 shares of the semiconductor company's stock after selling 43,882 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 1.11% of Lattice Semiconductor worth $79,834,000 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 increased its holdings in Lattice Semiconductor by 65.7% in the 1st quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock worth $28,000 after acquiring an additional 222 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Lattice Semiconductor by 209.2% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 606 shares of the semiconductor company's stock worth $32,000 after purchasing 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 $32,000. Picton Mahoney Asset Management purchased a new stake in Lattice Semiconductor during the 1st quarter worth about $36,000. Finally, UMB Bank n.a. increased its position 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 worth $74,000 after purchasing an additional 755 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company's stock.

Insider Activity

In related news, CAO Tonya Stevens sold 3,439 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was 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 owned 87,776 shares in the company, valued at $5,698,417.92. This represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Tracy Ann Feanny sold 5,965 shares of the stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $66.50, for a total value of $396,672.50. Following the sale, the senior vice president owned 79,480 shares of the company's stock, valued at approximately $5,285,420. The trade was a 6.98% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 24,404 shares of company stock valued at $1,594,632. Insiders own 1.19% of the company's stock.

Analyst Upgrades and Downgrades

LSCC has been the topic of several recent research reports. Loop Capital reduced their price target on Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating on the stock in a research report on Tuesday, August 5th. Benchmark boosted their price target on Lattice Semiconductor from $60.00 to $75.00 and gave the company a "buy" rating in a report on Thursday, September 11th. TD Cowen lowered their price objective on Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating for the company in a research note on Tuesday, August 5th. Rosenblatt Securities restated a "buy" rating and set a $72.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. Finally, Wall Street Zen upgraded Lattice Semiconductor from a "hold" rating to a "buy" rating in a research note on Saturday. Eleven analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Lattice Semiconductor currently has a consensus rating of "Buy" and a consensus price target of $64.83.

Lattice Semiconductor Price Performance

Lattice Semiconductor stock traded up $0.07 during mid-day trading on Wednesday, hitting $66.21. The company's stock had a trading volume of 1,318,355 shares, compared to its average volume of 2,625,027. Lattice Semiconductor Corporation has a 52-week low of $34.69 and a 52-week high of $70.55. The firm's 50 day moving average is $59.63 and its 200 day moving average is $53.82. The company has a market cap of $9.06 billion, a PE ratio of 288.86, a price-to-earnings-growth ratio of 4.73 and a beta of 1.62.

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

Lattice Semiconductor Company 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.