Key Points
- Pravin Desale sold 2,039 Lattice Semiconductor shares for approximately $228,021 under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards. He retains 73,456 shares valued at about $8.2 million.
- Lattice reported quarterly earnings of $0.53 per share and revenue of $201.08 million, exceeding analyst expectations; revenue increased 62.2% year over year.
- Analysts maintain a “Moderate Buy” consensus rating with an average price target of $147.46, while institutional investors own 98.08% of the company’s stock.
Lattice Semiconductor Corporation (NASDAQ:LSCC - Get Free Report) SVP Pravin Desale sold 2,039 shares of the business's stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $111.83, for a total transaction of $228,021.37. Following the sale, the senior vice president owned 73,456 shares in the company, valued at $8,214,584.48. This trade represents a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 Trading Down 0.0%
Lattice Semiconductor stock opened at $106.49 on Wednesday. The firm has a 50 day simple moving average of $123.63 and a 200-day simple moving average of $121.34. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33. The stock has a market capitalization of $14.59 billion, a PE ratio of 409.58, a price-to-earnings-growth ratio of 1.62 and a beta of 1.79. Lattice Semiconductor Corporation has a 12-month low of $60.50 and a 12-month high of $157.01.
Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.09. The firm had revenue of $201.08 million during the quarter, compared to the consensus estimate 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 period 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 fiscal year.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the company. Weiss Ratings restated a "hold (c-)" rating on shares of Lattice Semiconductor in a report on Friday, July 17th. Zacks Research lowered Lattice Semiconductor from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 8th. KeyCorp boosted their price target on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 5th. Wall Street Zen downgraded shares of Lattice Semiconductor from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 29th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Lattice Semiconductor from $150.00 to $175.00 and gave the company a "buy" rating in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $147.46.
Get Our Latest Report on LSCC
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Larson Financial Group LLC grew its stake in Lattice Semiconductor by 52.2% during the 4th quarter. Larson Financial Group LLC now owns 589 shares of the semiconductor company's stock valued at $43,000 after acquiring an additional 202 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Lattice Semiconductor in the 2nd quarter valued at about $46,000. Danske Bank A S purchased a new stake in shares of Lattice Semiconductor in the second quarter worth approximately $46,000. V Square Quantitative Management LLC lifted its position in shares of Lattice Semiconductor by 38.6% in the first quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company's stock worth $48,000 after purchasing an additional 143 shares in the last quarter. Finally, Versant Capital Management Inc boosted its holdings in shares of Lattice Semiconductor by 53.5% during the second quarter. Versant Capital Management Inc now owns 531 shares of the semiconductor company's stock worth $81,000 after purchasing an additional 185 shares during the period. Hedge funds and other institutional investors own 98.08% of the company's stock.
Lattice Semiconductor Company Profile
(
Get Free Report)
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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