Lattice Semiconductor (NASDAQ:LSCC) Lowered to Hold Rating by Zacks Research

by · The Markets Daily

Zacks Research downgraded shares of Lattice Semiconductor (NASDAQ:LSCC – Free Report) from a strong-buy rating to a hold rating in a report released on Tuesday,Zacks reports.

Other equities research analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Lattice Semiconductor from $150.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Wall Street Zen cut shares of Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 29th. KeyCorp raised their price target on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Royal Bank Of Canada lifted their price target on shares of Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Finally, Needham & Company LLC upped their price objective on Lattice Semiconductor from $140.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $147.46.

Check Out Our Latest Stock Analysis on Lattice Semiconductor

Lattice Semiconductor Stock Down 1.7%

Shares of NASDAQ:LSCC opened at $115.45 on Tuesday. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04. The business has a fifty day moving average of $125.51 and a two-hundred day moving average of $120.98. The stock has a market cap of $15.82 billion, a P/E ratio of 444.04, a PEG ratio of 1.78 and a beta of 1.79. Lattice Semiconductor has a 52-week low of $60.50 and a 52-week high of $157.01.

Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.44 by $0.09. The business had revenue of $201.08 million for the quarter, compared to analyst estimates of $185.50 million. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The company’s quarterly revenue was up 62.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, research analysts expect that Lattice Semiconductor will post 1.12 earnings per share for the current year.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,039 shares of Lattice Semiconductor stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $142.89, for a total value of $291,352.71. Following the completion of the transaction, the senior vice president directly owned 73,519 shares of the company’s stock, valued at $10,505,129.91. The trade was a 2.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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. Also, SVP Tracy Feanny sold 1,880 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total transaction of $237,688.40. Following the sale, the senior vice president directly owned 60,221 shares in the company, valued at $7,613,741.03. This represents a 3.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 19,661 shares of company stock valued at $2,650,590 in the last three months. 0.62% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Lattice Semiconductor

A number of hedge funds have recently added to or reduced their stakes in LSCC. Royal Bank of Canada grew its stake in shares of Lattice Semiconductor by 213.3% in the first quarter. Royal Bank of Canada now owns 176,938 shares of the semiconductor company’s stock worth $9,280,000 after acquiring an additional 120,464 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Lattice Semiconductor by 59.5% in the first quarter. AQR Capital Management LLC now owns 8,799 shares of the semiconductor company’s stock valued at $460,000 after purchasing an additional 3,283 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Lattice Semiconductor by 37.8% in the first quarter. Goldman Sachs Group Inc. now owns 963,493 shares of the semiconductor company’s stock valued at $50,535,000 after purchasing an additional 264,329 shares during the period. Cetera Investment Advisers grew its stake in Lattice Semiconductor by 28.8% during the 2nd quarter. Cetera Investment Advisers now owns 6,432 shares of the semiconductor company’s stock worth $315,000 after purchasing an additional 1,440 shares in the last quarter. Finally, Guggenheim Capital LLC grew its stake in Lattice Semiconductor by 9.5% during the 2nd quarter. Guggenheim Capital LLC now owns 19,746 shares of the semiconductor company’s stock worth $967,000 after purchasing an additional 1,717 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

About Lattice Semiconductor

(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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