Lattice Semiconductor (NASDAQ:LSCC) Downgraded to “Hold” Rating by Zacks Research
by Teresa Graham · The Cerbat GemZacks Research downgraded shares of Lattice Semiconductor (NASDAQ:LSCC – Free Report) from a strong-buy rating to a hold rating in a report issued on Monday morning,Zacks.com reports.
LSCC has been the subject of several other research reports. KeyCorp raised their price objective on shares of Lattice Semiconductor from $95.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Jefferies Financial Group raised their price objective on shares of Lattice Semiconductor from $85.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Robert W. Baird set a $120.00 price objective on shares of Lattice Semiconductor in a research report on Thursday, February 12th. Needham & Company LLC raised their price objective on shares of Lattice Semiconductor from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Finally, Stifel Nicolaus raised their price objective on shares of Lattice Semiconductor from $80.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Thirteen analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $102.64.
Read Our Latest Analysis on LSCC
Lattice Semiconductor Stock Down 1.5%
Lattice Semiconductor stock traded down $1.70 during mid-day trading on Monday, hitting $109.11. 129,512 shares of the stock were exchanged, compared to its average volume of 1,888,688. Lattice Semiconductor has a 12 month low of $39.60 and a 12 month high of $111.65. The firm’s fifty day simple moving average is $94.92 and its two-hundred day simple moving average is $81.60. The stock has a market capitalization of $14.93 billion, a price-to-earnings ratio of 5,455.33, a PEG ratio of 3.95 and a beta of 1.66.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.32. Lattice Semiconductor had a net margin of 0.59% and a return on equity of 5.60%. The firm had revenue of $145.79 million during the quarter, compared to analyst estimates of $143.18 million. During the same quarter last year, the business earned $0.15 EPS. The company’s revenue was up 24.2% compared to the same quarter last year. Lattice Semiconductor has set its Q1 2026 guidance at 0.340-0.380 EPS. As a group, analysts forecast that Lattice Semiconductor will post 0.65 earnings per share for the current fiscal year.
Insider Activity at Lattice Semiconductor
In other news, CEO Ford Tamer sold 3,544 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $90.63, for a total transaction of $321,192.72. Following the completion of the sale, the chief executive officer owned 281,883 shares of the company’s stock, valued at $25,547,056.29. This trade represents a 1.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Tonya Stevens sold 1,113 shares of Lattice Semiconductor stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $94.00, for a total transaction of $104,622.00. Following the completion of the sale, the chief accounting officer directly owned 62,302 shares of the company’s stock, valued at approximately $5,856,388. The trade was a 1.76% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 45,614 shares of company stock worth $4,346,028. Corporate insiders own 0.62% of the company’s stock.
Institutional Trading of Lattice Semiconductor
Hedge funds have recently bought and sold shares of the business. Elevatus Welath Management acquired a new stake in Lattice Semiconductor in the 4th quarter valued at $2,792,000. Assenagon Asset Management S.A. acquired a new stake in Lattice Semiconductor in the 4th quarter valued at $4,090,000. William Blair Investment Management LLC acquired a new stake in Lattice Semiconductor in the 3rd quarter valued at $102,185,000. Westfield Capital Management Co. LP acquired a new stake in Lattice Semiconductor in the 3rd quarter valued at $51,082,000. Finally, American Century Companies Inc. lifted its stake in Lattice Semiconductor by 95.8% during the 3rd quarter. American Century Companies Inc. now owns 1,338,372 shares of the semiconductor company’s stock valued at $98,129,000 after acquiring an additional 654,748 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.
About Lattice Semiconductor
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.