Prospect Capital Advisors LLC lessened its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 20.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 49,630 shares of the semiconductor company’s stock after selling 12,840 shares during the quarter. Lattice Semiconductor comprises about 2.5% of Prospect Capital Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Prospect Capital Advisors LLC’s holdings in Lattice Semiconductor were worth $4,604,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. CloudAlpha Capital Management Limited Hong Kong bought a new position in Lattice Semiconductor in the 4th quarter valued at about $8,344,000. TimesSquare Capital Management LLC lifted its position in Lattice Semiconductor by 3.4% during the fourth quarter. TimesSquare Capital Management LLC now owns 1,474,949 shares of the semiconductor company’s stock worth $108,527,000 after acquiring an additional 49,001 shares during the last quarter. Stephens Investment Management Group LLC boosted its holdings in shares of Lattice Semiconductor by 10.1% during the fourth quarter. Stephens Investment Management Group LLC now owns 883,165 shares of the semiconductor company’s stock worth $64,983,000 after acquiring an additional 81,023 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of Lattice Semiconductor by 33.9% during the fourth quarter. Thrivent Financial for Lutherans now owns 282,253 shares of the semiconductor company’s stock worth $20,768,000 after acquiring an additional 71,401 shares during the period. Finally, Tensor Edge Capital LLC acquired a new position in shares of Lattice Semiconductor in the fourth quarter valued at approximately $8,830,000. Institutional investors own 98.08% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft increased their target price on Lattice Semiconductor from $150.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Jefferies Financial Group boosted their price target on Lattice Semiconductor from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Rosenblatt Securities upped their price objective on Lattice Semiconductor from $105.00 to $175.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Robert W. Baird increased their price objective on Lattice Semiconductor from $120.00 to $135.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Finally, Needham & Company LLC lifted their target price on Lattice Semiconductor from $110.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Thirteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Lattice Semiconductor has a consensus rating of “Moderate Buy” and a consensus price target of $132.29.
Lattice Semiconductor Trading Down 0.2%
Shares of LSCC opened at $124.27 on Friday. Lattice Semiconductor Corporation has a 12 month low of $46.43 and a 12 month high of $157.01. The firm’s 50 day moving average is $139.08 and its 200-day moving average is $114.09. The stock has a market capitalization of $17.03 billion, a PE ratio of 887.71, a P/E/G ratio of 3.07 and a beta of 1.78.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. The company had revenue of $170.90 million during the quarter, compared to the consensus estimate of $164.93 million. Lattice Semiconductor had a net margin of 3.46% and a return on equity of 8.48%. The firm’s quarterly revenue was up 42.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.22 earnings per share. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. Equities research analysts predict that Lattice Semiconductor Corporation will post 1.02 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, SVP Tracy Ann Feanny sold 2,740 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $151.84, for a total value of $416,041.60. Following the transaction, the senior vice president owned 63,084 shares in the company, valued at approximately $9,578,674.56. This trade represents a 4.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Elizabeth M. Schwarting sold 3,200 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $124.53, for a total value of $398,496.00. Following the completion of the transaction, the director directly owned 6,636 shares of the company’s stock, valued at approximately $826,381.08. This trade represents a 32.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 14,080 shares of company stock valued at $2,045,078 over the last 90 days. 0.62% of the stock is currently owned by insiders.
About Lattice Semiconductor
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
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