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 cut its stake in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 2.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund 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 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Allworth Financial LP increased its stake in shares of Lattice Semiconductor by 65.7% in the first quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock worth $28,000 after acquiring an additional 222 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position 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 worth $32,000 after buying an additional 410 shares during the last quarter. Summit Securities Group LLC acquired a new position in Lattice Semiconductor during the first quarter worth $32,000. Picton Mahoney Asset Management acquired a new position in Lattice Semiconductor during the first quarter worth $36,000. Finally, UMB Bank n.a. increased its position in 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 buying an additional 755 shares during the last quarter. 98.08% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Rosenblatt Securities reissued a "buy" rating and set a $72.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, August 5th. Benchmark increased their target price on shares of Lattice Semiconductor from $60.00 to $75.00 and gave the stock a "buy" rating in a research report on Thursday, September 11th. TD Cowen lowered their target price on shares of Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating on the stock in a research report on Tuesday, August 5th. Wall Street Zen raised shares of Lattice Semiconductor from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th. Finally, Loop Capital lowered their target price on shares of Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating on the stock in a research report on Tuesday, August 5th. Eleven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $64.83.

Lattice Semiconductor Price Performance

Shares of NASDAQ LSCC traded up $4.72 during mid-day trading on Thursday, hitting $71.64. The company had a trading volume of 4,643,946 shares, compared to its average volume of 2,075,715. The business's 50-day simple moving average is $60.22 and its 200-day simple moving average is $53.98. Lattice Semiconductor Corporation has a 12 month low of $34.69 and a 12 month high of $72.20. The firm has a market cap of $9.81 billion, a P/E ratio of 311.49, a PEG ratio of 4.92 and a beta of 1.62.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its earnings results on Monday, August 4th. The semiconductor company reported $0.24 earnings per share 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 analysts' expectations of $123.60 million. During the same quarter last year, the company earned $0.23 earnings per share. The firm's revenue 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, sell-side analysts predict that Lattice Semiconductor Corporation will post 0.65 EPS for the current year.

Insider Activity at Lattice Semiconductor

In related news, SVP Tracy Ann Feanny sold 5,965 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $66.50, for a total value of $396,672.50. Following the completion of the sale, the senior vice president owned 79,480 shares in the company, valued at approximately $5,285,420. This trade represents a 6.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Tonya Stevens sold 3,439 shares of the stock in a transaction dated 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 owned 87,776 shares of the company's stock, valued at approximately $5,698,417.92. The trade was a 3.77% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 24,404 shares of company stock worth $1,594,632. Company insiders own 1.80% of the company's stock.

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.