Lattice Semiconductor (NASDAQ:LSCC) Sets New 52-Week High - Time to Buy?

Key Points

• Lattice Semiconductor's stock price reached a new 52-week high of $71.58, closing at $71.03 with a trading volume of over 1.3 million shares.
• Analysts remain optimistic with 11 Buy ratings and a consensus target price of $64.83, despite a mixed range of target price adjustments from various firms.
• The company's recent quarterly earnings met estimates with an EPS of $0.24, but revenue showed a slight year-over-year decline of 0.1%.

Shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as $71.58 and last traded at $71.03, with a volume of 1302568 shares. The stock had previously closed at $66.92.

Analyst Upgrades and Downgrades

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

Lattice Semiconductor Price Performance

The stock has a 50 day simple moving average of $60.59 and a 200-day simple moving average of $54.06. The firm has a market cap of $9.88 billion, a PE ratio of 313.67, a PEG ratio of 5.26 and a beta of 1.62.

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

Insider Activity at Lattice Semiconductor

In other news, Director Robin Ann Abrams sold 15,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 2nd. The stock was 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. This trade represents a 12.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Tracy Ann Feanny sold 5,965 shares of the stock in a transaction that occurred on Thursday, August 28th. The stock was 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. The trade was a 6.98% decrease in their ownership of the stock. 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. 1.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Lattice Semiconductor

Several hedge funds and other institutional investors have recently modified their holdings of the business. Osaic Holdings Inc. increased its holdings in Lattice Semiconductor by 5.2% during the 2nd quarter. Osaic Holdings Inc. now owns 31,941 shares of the semiconductor company's stock worth $1,569,000 after purchasing an additional 1,577 shares during the period. Marex Group plc purchased a new position in Lattice Semiconductor during the 2nd quarter worth $242,000. State of Wyoming bought a new stake in Lattice Semiconductor during the 2nd quarter valued at $51,000. Hudson Bay Capital Management LP bought a new stake in Lattice Semiconductor during the 2nd quarter valued at $810,000. Finally, Castleark Management LLC boosted its position in Lattice Semiconductor by 88.6% during the 2nd quarter. Castleark Management LLC now owns 96,640 shares of the semiconductor company's stock valued at $4,734,000 after acquiring an additional 45,400 shares in the last quarter. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

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.