Lattice Semiconductor (NASDAQ:LSCC) Reaches New 1-Year High - Here's What Happened

Lattice Semiconductor Corporation (NASDAQ:LSCC - Get Free Report)'s share price reached a new 52-week high on Wednesday . The stock traded as high as $76.62 and last traded at $74.38, with a volume of 2080814 shares changing hands. The stock had previously closed at $74.71.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on LSCC shares. Wall Street Zen upgraded shares of Lattice Semiconductor from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. TD Cowen reduced their price target on shares of Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating for the company in a report on Tuesday, August 5th. Benchmark upped their price target on shares of Lattice Semiconductor from $60.00 to $75.00 and gave the company a "buy" rating in a report on Thursday, September 11th. Rosenblatt Securities reiterated a "buy" rating and issued a $72.00 price target on shares of Lattice Semiconductor in a report on Tuesday, August 5th. Finally, Needham & Company LLC upped their price target on shares of Lattice Semiconductor from $70.00 to $80.00 and gave the company a "buy" rating in a report on Monday. Eleven equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Lattice Semiconductor has a consensus rating of "Buy" and a consensus target price of $65.67.

Lattice Semiconductor Price Performance

The company has a market capitalization of $10.18 billion, a P/E ratio of 323.41, a price-to-earnings-growth ratio of 5.49 and a beta of 1.62. The company's 50-day moving average price is $61.47 and its two-hundred day moving average price is $54.17.

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

Insider Buying and Selling

In related news, CAO Tonya Stevens sold 3,440 shares of the firm's stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $74.93, for a total transaction of $257,759.20. Following the transaction, the chief accounting officer directly owned 84,336 shares of the company's stock, valued at approximately $6,319,296.48. This trade represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robin Ann Abrams sold 15,000 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total transaction of $974,700.00. Following the transaction, the director directly owned 107,538 shares in the company, valued at approximately $6,987,819.24. This represents a 12.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 27,844 shares of company stock valued at $1,852,392. 1.19% of the stock is owned by company insiders.

Hedge Funds Weigh In On Lattice Semiconductor

A number of hedge funds have recently bought and sold shares of the business. Prudential PLC increased its position in Lattice Semiconductor by 2.1% during the first quarter. Prudential PLC now owns 9,199 shares of the semiconductor company's stock worth $482,000 after acquiring an additional 187 shares during the period. Silvant Capital Management LLC increased its position in Lattice Semiconductor by 2.1% during the first quarter. Silvant Capital Management LLC now owns 9,418 shares of the semiconductor company's stock worth $494,000 after acquiring an additional 198 shares during the period. Allworth Financial LP increased its position in Lattice Semiconductor by 65.7% during 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 period. ProShare Advisors LLC increased its position in Lattice Semiconductor by 1.0% during the second quarter. ProShare Advisors LLC now owns 22,479 shares of the semiconductor company's stock worth $1,101,000 after acquiring an additional 232 shares during the period. Finally, CWC Advisors LLC. grew its stake in Lattice Semiconductor by 2.8% during the second quarter. CWC Advisors LLC. now owns 8,815 shares of the semiconductor company's stock worth $432,000 after buying an additional 236 shares in the last quarter. 98.08% of the stock is owned by institutional investors.

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.

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