Lattice Semiconductor (NASDAQ:LSCC) Trading 6.3% Higher – Still a Buy?

by · The Cerbat Gem

Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report)’s share price shot up 6.3% on Friday . The company traded as high as $80.11 and last traded at $80.5750. 477,225 shares were traded during trading, a decline of 81% from the average session volume of 2,514,526 shares. The stock had previously closed at $75.83.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on LSCC shares. KeyCorp raised their price target on Lattice Semiconductor from $70.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, September 30th. Williams Trading set a $82.00 target price on Lattice Semiconductor in a report on Tuesday, November 4th. Needham & Company LLC reiterated a “buy” rating and set a $80.00 price target on shares of Lattice Semiconductor in a report on Tuesday, November 4th. Wall Street Zen raised Lattice Semiconductor from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. Finally, Rosenblatt Securities raised their price objective on shares of Lattice Semiconductor from $72.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $77.58.

Get Our Latest Research Report on Lattice Semiconductor

Lattice Semiconductor Stock Up 5.9%

The firm has a 50-day moving average of $69.50 and a 200 day moving average of $60.96. The stock has a market capitalization of $10.98 billion, a P/E ratio of 401.52, a PEG ratio of 7.85 and a beta of 1.73.

Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its quarterly earnings data on Monday, November 3rd. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.28. The company had revenue of $133.35 million during the quarter, compared to analysts’ expectations of $133.03 million. Lattice Semiconductor had a net margin of 5.50% and a return on equity of 4.73%. The business’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.24 EPS. Lattice Semiconductor has set its Q4 2025 guidance at 0.300-0.340 EPS. Analysts predict that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Insiders Place Their Bets

In other Lattice Semiconductor news, SVP Pravin Desale sold 5,708 shares of Lattice Semiconductor stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $69.93, for a total transaction of $399,160.44. Following the sale, the senior vice president directly owned 105,913 shares of the company’s stock, valued at approximately $7,406,496.09. The trade was a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ford Tamer bought 20,000 shares of the company’s stock in a transaction dated Thursday, November 6th. The stock was bought at an average cost of $63.63 per share, with a total value of $1,272,600.00. Following the completion of the acquisition, the chief executive officer owned 275,745 shares in the company, valued at $17,545,654.35. This represents a 7.82% increase in their position. The SEC filing for this purchase provides additional information. Insiders sold a total of 11,741 shares of company stock worth $830,002 over the last quarter. Company insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Lattice Semiconductor

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. iSAM Funds UK Ltd bought a new position in Lattice Semiconductor during the third quarter valued at $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Lattice Semiconductor during the 3rd quarter valued at $31,000. Caitlin John LLC bought a new position in shares of Lattice Semiconductor during the 3rd quarter worth $34,000. Advisory Services Network LLC purchased a new stake in Lattice Semiconductor in the 3rd quarter worth about $34,000. Finally, EverSource Wealth Advisors LLC raised its stake in Lattice Semiconductor by 46.5% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 476 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 151 shares during the period. 98.08% of the stock is currently owned by institutional investors and hedge funds.

About Lattice Semiconductor

(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.

Featured Articles