Lattice Semiconductor (NASDAQ:LSCC) Cut to Buy at Wall Street Zen

by · The Markets Daily

Wall Street Zen downgraded shares of Lattice Semiconductor (NASDAQ:LSCC – Free Report) from a strong-buy rating to a buy rating in a research note published on Sunday morning,Wall Street Zen reports.

LSCC has been the topic of a number of other reports. Benchmark initiated coverage on Lattice Semiconductor in a report on Tuesday, August 25th. They issued a “buy” rating and a $160.00 price objective on the stock. Rosenblatt Securities reissued a “buy” rating and set a $175.00 target price on shares of Lattice Semiconductor in a report on Tuesday, August 4th. Jefferies Financial Group lifted their target price on Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Royal Bank Of Canada boosted their target price 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, Weiss Ratings restated a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Thursday, October 15th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $144.77.

Get Our Latest Stock Analysis on LSCC

Lattice Semiconductor Stock Performance

Shares of LSCC stock opened at $107.41 on Friday. Lattice Semiconductor has a 52 week low of $60.50 and a 52 week high of $157.01. The company has a market capitalization of $14.72 billion, a price-to-earnings ratio of 187.47, a PEG ratio of 1.67 and a beta of 1.83. The company has a 50-day simple moving average of $119.19 and a 200 day simple moving average of $126.27. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02.

Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.09. The firm had revenue of $201.08 million for the quarter, compared to analysts’ expectations of $185.50 million. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The business’s revenue was up 62.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, sell-side analysts predict that Lattice Semiconductor will post 1.10 earnings per share for the current year.

Insider Activity

In related news, SVP Tracy Feanny sold 1,880 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total value of $237,688.40. Following the completion of the sale, the senior vice president directly owned 60,221 shares in the company, valued at approximately $7,613,741.03. The trade was a 3.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Pravin Desale sold 2,039 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $111.83, for a total value of $228,021.37. Following the sale, the senior vice president directly owned 73,456 shares in the company, valued at $8,214,584.48. This represents a 2.70% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 19,661 shares of company stock worth $2,587,259. Corporate insiders own 0.62% of the company’s stock.

Institutional Trading of Lattice Semiconductor

A number of institutional investors have recently modified their holdings of LSCC. HB Wealth Management LLC boosted its stake in Lattice Semiconductor by 3.7% in the first quarter. HB Wealth Management LLC now owns 3,335 shares of the semiconductor company’s stock worth $309,000 after buying an additional 119 shares in the last quarter. V Square Quantitative Management LLC raised its stake in shares of Lattice Semiconductor by 38.6% during the first quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company’s stock worth $48,000 after acquiring an additional 143 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of Lattice Semiconductor by 10.1% during the first quarter. Parallel Advisors LLC now owns 1,963 shares of the semiconductor company’s stock worth $182,000 after acquiring an additional 180 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of Lattice Semiconductor by 53.5% in the 2nd quarter. Versant Capital Management Inc now owns 531 shares of the semiconductor company’s stock worth $81,000 after acquiring an additional 185 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC lifted its holdings in shares of Lattice Semiconductor by 4.6% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 4,377 shares of the semiconductor company’s stock worth $406,000 after acquiring an additional 191 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Company Profile

(Get Free Report)

Lattice Semiconductor Corporation (NASDAQ: LSCC) designs and develops low-power programmable semiconductor devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system control solutions, and connectivity products that enable customers to configure and update electronic systems after manufacturing.

The company’s products are used in communications and networking equipment, industrial systems, automotive applications, data-center and computing hardware, consumer electronics, and aerospace and defense products.

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