Lattice Semiconductor (NASDAQ:LSCC) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Lattice Semiconductor (NASDAQ:LSCC – Free Report) from a hold rating to a buy rating in a research report released on Saturday morning.

A number of other analysts have also weighed in on LSCC. Rosenblatt Securities reissued a “buy” rating and issued a $72.00 price target on shares of Lattice Semiconductor in a report on Tuesday, August 5th. Loop Capital decreased their price objective on Lattice Semiconductor from $75.00 to $65.00 and set a “buy” rating on the stock in a research report on Tuesday, August 5th. TD Cowen dropped their target price on Lattice Semiconductor from $62.00 to $57.00 and set a “buy” rating for the company in a research report on Tuesday, August 5th. Finally, Benchmark upped their price target on Lattice Semiconductor from $60.00 to $75.00 and gave the company a “buy” rating in a research note on Thursday, September 11th. Eleven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Lattice Semiconductor has an average rating of “Buy” and a consensus price target of $64.83.

Read Our Latest Report on LSCC

Lattice Semiconductor Price Performance

Shares of LSCC opened at $64.41 on Friday. The company has a market capitalization of $8.82 billion, a P/E ratio of 280.06, a PEG ratio of 4.73 and a beta of 1.62. Lattice Semiconductor has a one year low of $34.69 and a one year high of $70.55. The business’s 50 day simple moving average is $59.38 and its 200-day simple moving average is $53.73.

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

Insider Activity at Lattice Semiconductor

In related news, SVP Tracy Ann Feanny sold 5,965 shares of the company’s stock in a transaction on Thursday, August 28th. The shares were 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 $5,285,420. This represents a 6.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Tonya Stevens sold 3,439 shares of the firm’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $64.92, for a total value of $223,259.88. Following the sale, the chief accounting officer directly owned 87,776 shares in the company, valued at $5,698,417.92. The trade was a 3.77% decrease in their position. 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. 1.19% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Lattice Semiconductor

Several large investors have recently modified their holdings of LSCC. Price T Rowe Associates Inc. MD lifted its holdings in shares of Lattice Semiconductor by 24.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,800,552 shares of the semiconductor company’s stock valued at $409,139,000 after purchasing an additional 1,517,395 shares in the last quarter. Bank of America Corp DE raised its holdings in Lattice Semiconductor by 77.4% during the 2nd quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock worth $156,083,000 after buying an additional 1,390,109 shares during the period. Invesco Ltd. raised its holdings in Lattice Semiconductor by 93.2% during the 1st quarter. Invesco Ltd. now owns 2,158,092 shares of the semiconductor company’s stock worth $113,192,000 after buying an additional 1,040,804 shares during the period. Norges Bank bought a new position in Lattice Semiconductor in the second quarter valued at approximately $48,702,000. Finally, Alliancebernstein L.P. boosted its holdings in shares of Lattice Semiconductor by 146.8% in the first quarter. Alliancebernstein L.P. now owns 1,440,083 shares of the semiconductor company’s stock valued at $75,532,000 after buying an additional 856,568 shares during the period. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Company Profile

(Get Free Report)

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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