Bridges Investment Management Inc. increased its stake in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 15.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,622 shares of the semiconductor company’s stock after purchasing an additional 3,143 shares during the quarter. Bridges Investment Management Inc.’s holdings in Lattice Semiconductor were worth $1,157,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently bought and sold shares of LSCC. Allworth Financial LP grew its stake in Lattice Semiconductor by 65.7% during the 1st quarter. Allworth Financial LP now owns 560 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 222 shares in the last quarter. Summit Securities Group LLC purchased a new position in Lattice Semiconductor during the 1st quarter valued at about $32,000. Picton Mahoney Asset Management purchased a new position in Lattice Semiconductor during the 1st quarter valued at about $36,000. Farther Finance Advisors LLC grew its stake in Lattice Semiconductor by 89.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 879 shares of the semiconductor company’s stock valued at $43,000 after acquiring an additional 416 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Lattice Semiconductor by 242.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,454 shares of the semiconductor company’s stock valued at $76,000 after acquiring an additional 1,029 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the company. Wall Street Zen cut Lattice Semiconductor from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Rosenblatt Securities reiterated a “buy” rating and set a $72.00 price target on shares of Lattice Semiconductor in a report on Tuesday, August 5th. Loop Capital reduced their price target on Lattice Semiconductor from $75.00 to $65.00 and set a “buy” rating for the company in a report on Tuesday, August 5th. KeyCorp lifted their price target on Lattice Semiconductor from $70.00 to $85.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. Finally, TD Cowen reduced their price target on Lattice Semiconductor from $62.00 to $57.00 and set a “buy” rating for the company in a report on Tuesday, August 5th. Eleven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Lattice Semiconductor presently has a consensus rating of “Moderate Buy” and an average target price of $66.92.
Insider Activity
In other news, CAO Tonya Stevens sold 3,440 shares of the firm’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $74.93, for a total value of $257,759.20. Following the completion of the sale, the chief accounting officer directly owned 84,336 shares in the company, valued at approximately $6,319,296.48. This trade represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Robin Ann Abrams sold 15,000 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $64.98, for a total value of $974,700.00. Following the completion of the sale, the director owned 107,538 shares of the company’s stock, valued at approximately $6,987,819.24. This trade represents a 12.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,844 shares of company stock worth $1,852,392. 1.80% of the stock is owned by corporate insiders.
Lattice Semiconductor Stock Down 1.6%
Shares of Lattice Semiconductor stock opened at $70.20 on Friday. The stock has a market capitalization of $9.61 billion, a P/E ratio of 305.23, a PEG ratio of 5.43 and a beta of 1.66. The stock has a 50 day moving average price of $67.97 and a two-hundred day moving average price of $55.65. Lattice Semiconductor Corporation has a 12-month low of $34.69 and a 12-month high of $76.61.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.24 earnings per share (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 firm had revenue of $123.97 million during the quarter, compared to analyst estimates of $123.60 million. During the same period in the prior year, the company posted $0.23 earnings per share. The business’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. Sell-side analysts anticipate that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current year.
About Lattice Semiconductor
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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