Lattice Semiconductor Corporation (NASDAQ:LSCC - Get Free Report) SVP Esam Elashmawi sold 15,742 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $134.77, for a total value of $2,121,549.34. Following the completion of the transaction, the senior vice president owned 155,420 shares in the company, valued at $20,945,953.40. The trade was a 9.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 Trading Down 6.4%
LSCC stock opened at $124.21 on Wednesday. The company has a market cap of $17.02 billion, a P/E ratio of 477.73, a PEG ratio of 1.98 and a beta of 1.81. Lattice Semiconductor Corporation has a twelve month low of $59.37 and a twelve month high of $157.01. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04. The business has a fifty day moving average of $135.02 and a 200-day moving average of $118.09.
Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.09. The business had revenue of $201.08 million for the quarter, compared to analyst estimates of $185.50 million. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The firm's revenue for the quarter was up 62.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.24 earnings per share. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, equities research analysts expect that Lattice Semiconductor Corporation will post 1.12 EPS for the current year.
Analyst Upgrades and Downgrades
LSCC has been the topic of several recent research reports. Robert W. Baird raised their target price on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the company an "outperform" rating in a research note on Tuesday, May 5th. Stifel Nicolaus boosted their price target on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the stock a "buy" rating in a research note on Tuesday, May 5th. Rosenblatt Securities restated a "buy" rating and issued a $175.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, August 4th. TD Cowen raised their price objective on shares of Lattice Semiconductor from $145.00 to $165.00 and gave the company a "buy" rating in a research note on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Lattice Semiconductor from $150.00 to $175.00 and gave the stock a "buy" rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Lattice Semiconductor presently has an average rating of "Buy" and a consensus price target of $144.38.
Check Out Our Latest Research Report on Lattice Semiconductor
Hedge Funds Weigh In On Lattice Semiconductor
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its stake in Lattice Semiconductor by 213.3% during the 1st quarter. Royal Bank of Canada now owns 176,938 shares of the semiconductor company's stock worth $9,280,000 after acquiring an additional 120,464 shares during the last quarter. AQR Capital Management LLC increased its stake in Lattice Semiconductor by 59.5% in the first quarter. AQR Capital Management LLC now owns 8,799 shares of the semiconductor company's stock valued at $460,000 after purchasing an additional 3,283 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Lattice Semiconductor by 37.8% in the first quarter. Goldman Sachs Group Inc. now owns 963,493 shares of the semiconductor company's stock worth $50,535,000 after purchasing an additional 264,329 shares during the period. Cetera Investment Advisers raised its holdings in Lattice Semiconductor by 28.8% in the second quarter. Cetera Investment Advisers now owns 6,432 shares of the semiconductor company's stock worth $315,000 after purchasing an additional 1,440 shares during the period. Finally, Guggenheim Capital LLC boosted its position in shares of Lattice Semiconductor by 9.5% during the second quarter. Guggenheim Capital LLC now owns 19,746 shares of the semiconductor company's stock worth $967,000 after purchasing an additional 1,717 shares in the last quarter. Institutional investors own 98.08% of the company's stock.
About Lattice Semiconductor
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Get Free Report)
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company's product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice's solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
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