Peregrine Investment Management Inc. Has $7.17 Million Stock Holdings in Lattice Semiconductor Corporation $LSCC
by Scott Moore · The Cerbat GemPeregrine Investment Management Inc. cut its holdings in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 24.0% in the fourth quarter, HoldingsChannel reports. The fund owned 97,460 shares of the semiconductor company’s stock after selling 30,760 shares during the quarter. Lattice Semiconductor accounts for 4.5% of Peregrine Investment Management Inc.’s portfolio, making the stock its 13th biggest holding. Peregrine Investment Management Inc.’s holdings in Lattice Semiconductor were worth $7,171,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in the business. iSAM Funds UK Ltd purchased a new position in Lattice Semiconductor in the third quarter valued at about $25,000. V Square Quantitative Management LLC purchased a new stake in shares of Lattice Semiconductor during the 4th quarter worth about $27,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Lattice Semiconductor during the 3rd quarter valued at about $31,000. Caitlin John LLC acquired a new stake in shares of Lattice Semiconductor during the 3rd quarter valued at about $34,000. Finally, Advisory Services Network LLC bought a new stake in shares of Lattice Semiconductor in the 3rd quarter valued at approximately $34,000. Institutional investors and hedge funds own 98.08% of the company’s stock.
Lattice Semiconductor Trading Down 2.7%
Shares of Lattice Semiconductor stock opened at $125.43 on Wednesday. Lattice Semiconductor Corporation has a 1 year low of $43.90 and a 1 year high of $129.38. The company’s fifty day simple moving average is $103.78 and its 200-day simple moving average is $87.66. The company has a market cap of $17.18 billion, a price-to-earnings ratio of 895.99, a PEG ratio of 3.21 and a beta of 1.76.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.05. Lattice Semiconductor had a return on equity of 8.48% and a net margin of 3.46%.The company had revenue of $170.90 million for the quarter, compared to analyst estimates of $164.93 million. During the same quarter last year, the firm earned $0.22 EPS. Lattice Semiconductor’s revenue for the quarter was up 42.2% compared to the same quarter last year. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. As a group, research analysts forecast that Lattice Semiconductor Corporation will post 1.01 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on the stock. Zacks Research downgraded shares of Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Royal Bank Of Canada upped their price objective on shares of Lattice Semiconductor from $118.00 to $140.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $150.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 5th. Benchmark boosted their price target on Lattice Semiconductor from $82.00 to $120.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Finally, KeyCorp upped their price target on Lattice Semiconductor from $125.00 to $165.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Thirteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $129.07.
View Our Latest Research Report on LSCC
Insider Buying and Selling
In other Lattice Semiconductor news, Director Elizabeth M. Schwarting sold 3,200 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $124.53, for a total value of $398,496.00. Following the transaction, the director directly owned 6,636 shares in the company, valued at $826,381.08. The trade was a 32.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Erhaan Shaikh sold 1,577 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $93.33, for a total value of $147,181.41. Following the sale, the senior vice president owned 82,617 shares in the company, valued at approximately $7,710,644.61. This trade represents a 1.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 48,814 shares of company stock worth $4,744,524 in the last three months. Company insiders own 0.62% of the company’s stock.
Lattice Semiconductor Profile
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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