Lattice Semiconductor (NASDAQ:LSCC) Rating Lowered to Hold at Zacks Research
by Kim Johansen · The Markets DailyLattice Semiconductor (NASDAQ:LSCC – Get Free Report) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.
A number of other brokerages have also commented on LSCC. Needham & Company LLC upped their price objective on Lattice Semiconductor from $110.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Wall Street Zen downgraded Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. Jefferies Financial Group boosted their target price on shares of Lattice Semiconductor from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Robert W. Baird upped their price target 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. Finally, Royal Bank Of Canada raised their price target on shares of Lattice Semiconductor from $118.00 to $140.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Thirteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $130.86.
View Our Latest Stock Report on LSCC
Lattice Semiconductor Stock Down 4.9%
Lattice Semiconductor stock opened at $130.60 on Monday. The company’s 50-day moving average price is $137.74 and its two-hundred day moving average price is $107.82. The stock has a market cap of $17.89 billion, a P/E ratio of 932.92, a P/E/G ratio of 3.41 and a beta of 1.78. Lattice Semiconductor has a twelve month low of $46.43 and a twelve month high of $157.01.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $164.93 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. The business’s revenue was up 42.2% on a year-over-year basis. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. Equities analysts anticipate that Lattice Semiconductor will post 1.01 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 2,740 shares of Lattice Semiconductor stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $151.84, for a total value of $416,041.60. Following the completion of the transaction, the senior vice president directly owned 63,084 shares of the company’s stock, valued at $9,578,674.56. The trade was a 4.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Pravin Desale sold 2,039 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $142.89, for a total value of $291,352.71. Following the sale, the senior vice president owned 73,519 shares of the company’s stock, valued at approximately $10,505,129.91. The trade was a 2.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders have sold 14,080 shares of company stock worth $2,045,078 in the last quarter. Insiders own 0.62% of the company’s stock.
Hedge Funds Weigh In On Lattice Semiconductor
Several hedge funds have recently bought and sold shares of LSCC. iSAM Funds UK Ltd acquired a new position in shares of Lattice Semiconductor in the 3rd quarter valued at approximately $25,000. V Square Quantitative Management LLC acquired a new stake in shares of Lattice Semiconductor during the 4th quarter worth approximately $27,000. Smartleaf Asset Management LLC boosted its position in shares of Lattice Semiconductor by 462.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 324 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in Lattice Semiconductor in the third quarter valued at approximately $31,000. Finally, Advisory Services Network LLC bought a new position in Lattice Semiconductor in the third quarter valued at approximately $34,000. 98.08% of the stock is owned by institutional investors.
Lattice Semiconductor Company 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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