Voya Investment Management LLC Acquires 143,691 Shares of Lattice Semiconductor Corporation $LSCC

Key Points

• Voya Investment Management LLC increased its stake in Lattice Semiconductor Corporation by 19.8%, purchasing an additional 143,691 shares, raising its total to 870,233 shares valued at approximately $45.6 million.
• Several institutional investors, including Captrust Financial Advisors and Nuveen Asset Management LLC, have also increased their holdings in Lattice Semiconductor, highlighting a strong interest in the company among financial institutions.
• Lattice Semiconductor's stock has received favorable ratings from analysts, with an average target price of $64.83 and numerous firms setting "buy" recommendations, suggesting positive market sentiment.

Voya Investment Management LLC raised its holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 19.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 870,233 shares of the semiconductor company's stock after acquiring an additional 143,691 shares during the period. Voya Investment Management LLC owned about 0.63% of Lattice Semiconductor worth $45,644,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP grew its position in Lattice Semiconductor by 65.7% in the first quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 222 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake 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 valued at $32,000 after purchasing an additional 410 shares in the last quarter. Summit Securities Group LLC acquired a new stake in shares of Lattice Semiconductor during the first quarter valued at about $32,000. Picton Mahoney Asset Management acquired a new stake in shares of Lattice Semiconductor during the first quarter valued at about $36,000. Finally, UMB Bank n.a. boosted its stake 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 valued at $74,000 after purchasing an additional 755 shares in the last quarter. Institutional investors own 98.08% of the company's stock.

Wall Street Analyst Weigh In

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

Insider Activity at Lattice Semiconductor

In related news, CAO Tonya Stevens sold 3,439 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $64.92, for a total value of $223,259.88. Following the completion of the sale, the chief accounting officer directly owned 87,776 shares of the company's stock, valued at approximately $5,698,417.92. This represents a 3.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robin Ann Abrams sold 15,000 shares of the 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 completion of the sale, 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 disclosure for this sale can be found here. In the last three months, insiders sold 24,404 shares of company stock valued at $1,594,632. 1.80% of the stock is owned by insiders.

Lattice Semiconductor Stock Up 6.5%

LSCC traded up $4.33 during trading on Thursday, hitting $71.25. The company's stock had a trading volume of 916,513 shares, compared to its average volume of 2,623,587. Lattice Semiconductor Corporation has a twelve month low of $34.69 and a twelve month high of $70.55. The stock's fifty day moving average price is $59.89 and its 200-day moving average price is $53.91. The firm has a market capitalization of $9.75 billion, a P/E ratio of 308.43, a PEG ratio of 4.86 and a beta of 1.62.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its earnings results on Monday, August 4th. The semiconductor company reported $0.24 earnings per share 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 analyst estimates of $123.60 million. During the same period in the prior year, the firm earned $0.23 earnings per share. Lattice Semiconductor'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. Equities research analysts expect that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal 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.