Lattice Semiconductor (NASDAQ:LSCC) Upgraded by Wall Street Zen to Buy Rating

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Several other analysts also recently commented on LSCC. Rosenblatt Securities reiterated a “buy” rating and issued a $72.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, August 5th. TD Cowen reduced their target price on shares of Lattice Semiconductor from $62.00 to $57.00 and set a “buy” rating for the company in a report on Tuesday, August 5th. Benchmark increased their target price on shares of Lattice Semiconductor from $60.00 to $75.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Loop Capital dropped their price target on Lattice Semiconductor from $75.00 to $65.00 and set a “buy” rating on the stock in a research report on Tuesday, August 5th. Eleven research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $64.83.

Check Out Our Latest Analysis on Lattice Semiconductor

Lattice Semiconductor Stock Performance

Lattice Semiconductor stock opened at $64.41 on Friday. The company has a market capitalization of $8.82 billion, a P/E ratio of 280.06, a PEG ratio of 4.85 and a beta of 1.62. Lattice Semiconductor has a fifty-two week low of $34.69 and a fifty-two week high of $70.55. The stock has a 50-day simple moving average of $59.11 and a 200-day simple moving average of $53.84.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last released its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.The company had revenue of $123.97 million for the quarter, compared to analyst estimates of $123.60 million. During the same quarter in the previous year, the company posted $0.23 earnings per share. The firm’s revenue was down .1% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. As a group, analysts forecast that Lattice Semiconductor will post 0.65 earnings per share for the current year.

Insider Activity

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 5,965 shares of Lattice Semiconductor stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $66.50, for a total value of $396,672.50. Following the sale, the senior vice president owned 79,480 shares of the company’s stock, valued at approximately $5,285,420. The trade was a 6.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Tonya Stevens sold 3,439 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $64.92, for a total value of $223,259.88. Following the transaction, the chief accounting officer directly owned 87,776 shares of the company’s stock, valued at approximately $5,698,417.92. This trade represents a 3.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 24,404 shares of company stock valued at $1,594,632 over the last quarter. Corporate insiders own 1.80% of the company’s stock.

Institutional Trading of Lattice Semiconductor

A number of institutional investors have recently modified their holdings of LSCC. Allworth Financial LP raised its position in Lattice Semiconductor by 65.7% in the first quarter. Allworth Financial LP now owns 560 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 222 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of Lattice Semiconductor by 209.2% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 606 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 410 shares during the period. Summit Securities Group LLC purchased a new position in shares of Lattice Semiconductor in the 1st quarter valued at about $32,000. Picton Mahoney Asset Management purchased a new position in shares of Lattice Semiconductor in the 1st quarter valued at about $36,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of Lattice Semiconductor by 89.8% in the second quarter. Farther Finance Advisors LLC now owns 879 shares of the semiconductor company’s stock valued at $43,000 after purchasing an additional 416 shares during the period. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

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.

See Also

Analyst Recommendations for Lattice Semiconductor (NASDAQ:LSCC)

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