Lattice Semiconductor (NASDAQ:LSCC) Reaches New 52-Week High – Time to Buy?

Lattice Semiconductor Corporation (NASDAQ:LSCCGet Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $76.62 and last traded at $74.38, with a volume of 2080814 shares trading hands. The stock had previously closed at $74.71.

Analysts Set New Price Targets

Several equities research analysts have commented on LSCC shares. Needham & Company LLC raised their price target on shares of Lattice Semiconductor from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Monday. Loop Capital dropped their price target on shares of Lattice Semiconductor from $75.00 to $65.00 and set a “buy” rating on the stock in a research note on Tuesday, August 5th. TD Cowen lowered their price objective on shares of Lattice Semiconductor from $62.00 to $57.00 and set a “buy” rating on the stock in a research note on Tuesday, August 5th. Wall Street Zen upgraded shares of Lattice Semiconductor from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Finally, Benchmark raised their price objective on shares of Lattice Semiconductor from $60.00 to $75.00 and gave the company a “buy” rating in a research note on Thursday, September 11th. Eleven research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $65.67.

Read Our Latest Analysis on Lattice Semiconductor

Lattice Semiconductor Price Performance

The stock has a market capitalization of $9.87 billion, a P/E ratio of 313.32, a PEG ratio of 5.30 and a beta of 1.62. The stock’s fifty day moving average is $62.28 and its two-hundred day moving average is $54.37.

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

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 5,965 shares of Lattice Semiconductor stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $66.50, for a total transaction of $396,672.50. Following the completion of the sale, the senior vice president owned 79,480 shares of the company’s stock, valued at $5,285,420. This trade represents a 6.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Tonya Stevens sold 3,440 shares of Lattice Semiconductor stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $74.93, for a total transaction of $257,759.20. Following the completion of the sale, the chief accounting officer directly owned 84,336 shares of the company’s stock, valued at approximately $6,319,296.48. The trade was a 3.92% decrease in their position. The disclosure for this sale can be found here. Insiders sold 27,844 shares of company stock valued at $1,852,392 in the last quarter. Company insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Lattice Semiconductor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LSCC. Allworth Financial LP grew its stake in shares of Lattice Semiconductor by 65.7% during the first quarter. Allworth Financial LP now owns 560 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 222 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of Lattice Semiconductor by 209.2% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 606 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 410 shares during the last quarter. Summit Securities Group LLC bought a new stake in shares of Lattice Semiconductor during the first quarter valued at approximately $32,000. Picton Mahoney Asset Management bought a new stake in shares of Lattice Semiconductor during the first quarter valued at approximately $36,000. Finally, Farther Finance Advisors LLC grew its stake in shares of Lattice Semiconductor by 89.8% during 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 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, 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.

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