Insider Selling: Lattice Semiconductor (NASDAQ:LSCC) SVP Sells 2,039 Shares

Key Points

• Lattice Semiconductor SVP Pravin Desale sold 2,039 shares for approximately $228,021, reducing his holdings by 2.7%. The sale was conducted under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards.
• LSCC shares fell 1.1% to $105.34, well below their 50-day and 200-day moving averages. The stock has a $14.43 billion market capitalization and trades at a high P/E ratio of 405.15.
• Lattice reported stronger-than-expected quarterly results, with $0.53 EPS and $201.08 million in revenue, up 62.2% year over year. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $147.46, while institutional investors own 98.08% of the shares.

Lattice Semiconductor Corporation (NASDAQ:LSCC - Get Free Report) SVP Pravin Desale sold 2,039 shares of Lattice Semiconductor stock in a transaction on Monday, September 14th. The stock was sold at an average price of $111.83, for a total transaction of $228,021.37. Following the completion of the sale, the senior vice president owned 73,456 shares of the company's stock, valued at approximately $8,214,584.48. This trade represents a 2.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Lattice Semiconductor Stock Down 1.1%

LSCC stock traded down $1.16 during mid-day trading on Tuesday, hitting $105.34. 1,302,989 shares of the company were exchanged, compared to its average volume of 1,957,038. The firm has a fifty day simple moving average of $124.11 and a 200 day simple moving average of $121.30. The company has a market capitalization of $14.43 billion, a PE ratio of 405.15, a price-to-earnings-growth ratio of 1.82 and a beta of 1.79. Lattice Semiconductor Corporation has a twelve month low of $60.50 and a twelve month high of $157.01. The company has a current ratio of 3.02, a quick ratio of 2.33 and a debt-to-equity ratio of 0.04.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The business had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. During the same period last year, the firm earned $0.24 earnings per share. The company's revenue for the quarter was up 62.2% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, research analysts forecast that Lattice Semiconductor Corporation will post 1.12 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LSCC. Zacks Research downgraded shares of Lattice Semiconductor from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 8th. Jefferies Financial Group increased their price target on Lattice Semiconductor from $145.00 to $175.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Benchmark started coverage on Lattice Semiconductor in a research report on Tuesday, August 25th. They set a "buy" rating and a $160.00 price objective for the company. Needham & Company LLC increased their target price on Lattice Semiconductor from $140.00 to $160.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Finally, KeyCorp boosted their price target on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the company an "overweight" rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $147.46.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Engineers Gate Manager LP boosted its holdings in Lattice Semiconductor by 177.5% in the second quarter. Engineers Gate Manager LP now owns 15,740 shares of the semiconductor company's stock worth $2,408,000 after acquiring an additional 10,068 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Lattice Semiconductor by 815,200.0% during the second quarter. NewEdge Advisors LLC now owns 8,153 shares of the semiconductor company's stock worth $1,247,000 after acquiring an additional 8,152 shares in the last quarter. GFG Capital LLC bought a new position in Lattice Semiconductor in the 2nd quarter valued at about $213,000. Arizona State Retirement System boosted its stake in Lattice Semiconductor by 0.5% during the 2nd quarter. Arizona State Retirement System now owns 37,766 shares of the semiconductor company's stock valued at $5,777,000 after purchasing an additional 194 shares during the last quarter. Finally, Nykredit A S bought a new stake in Lattice Semiconductor during the 2nd quarter worth approximately $787,000. 98.08% of the stock is owned by institutional investors and hedge funds.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation develops and supplies low-power, field-programmable gate arrays (FPGAs) and related semiconductor solutions. Its products allow customers to configure hardware for specific applications after manufacturing, providing flexibility for industrial, communications, automotive, consumer electronics and computing systems.

The company's portfolio includes small and mid-range FPGAs, system-on-chip devices, programmable logic products, development software, evaluation boards and design tools.

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