Lattice Semiconductor (NASDAQ:LSCC) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Lattice Semiconductor (NASDAQ:LSCC) from a buy rating to a strong-buy rating in a report published on Saturday,Wall Street Zen reports.

LSCC has been the subject of several other research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. Royal Bank Of Canada increased their price target on shares of Lattice Semiconductor from $140.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. KeyCorp increased their price target on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Jefferies Financial Group lifted their price target on Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, Needham & Company LLC boosted their price objective on Lattice Semiconductor from $140.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $147.46.

Lattice Semiconductor Stock Performance

NASDAQ:LSCC opened at $122.84 on Friday. The company has a current ratio of 3.02, a quick ratio of 2.33 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $16.83 billion, a price-to-earnings ratio of 472.46, a PEG ratio of 1.93 and a beta of 1.83. The firm’s fifty day simple moving average is $121.51 and its 200 day simple moving average is $125.54. Lattice Semiconductor has a twelve month low of $60.50 and a twelve month high of $157.01.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. The firm had revenue of $201.08 million during the quarter, compared to analysts’ expectations of $185.50 million. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%. Lattice Semiconductor’s quarterly revenue was up 62.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, equities research analysts expect that Lattice Semiconductor will post 1.10 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Pravin Desale sold 2,039 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $111.83, for a total transaction of $228,021.37. Following the transaction, the senior vice president owned 73,456 shares in the company, valued at $8,214,584.48. This trade represents a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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. Also, SVP Esam Elashmawi sold 15,742 shares of Lattice Semiconductor stock in a transaction on Monday, August 17th. The shares were sold at an average price of $134.77, for a total value of $2,121,549.34. Following the transaction, the senior vice president owned 155,420 shares in the company, valued at approximately $20,945,953.40. This trade represents a 9.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 have sold 19,661 shares of company stock valued at $2,587,259. Company insiders own 0.62% of the company’s stock.

Institutional Trading of Lattice Semiconductor

Hedge funds have recently bought and sold shares of the company. Danske Bank A S bought a new stake in shares of Lattice Semiconductor in the 2nd quarter worth approximately $46,000. Meeder Asset Management Inc. bought a new position in Lattice Semiconductor during the second quarter valued at $46,000. Burkett Financial Services LLC bought a new position in Lattice Semiconductor during the third quarter valued at $38,000. V Square Quantitative Management LLC grew its holdings in Lattice Semiconductor by 38.6% during the first quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 143 shares during the period. Finally, Versant Capital Management Inc increased its position in Lattice Semiconductor by 53.5% in the second quarter. Versant Capital Management Inc now owns 531 shares of the semiconductor company’s stock worth $81,000 after buying an additional 185 shares during the last quarter. 98.08% of the stock is owned by hedge funds and other institutional investors.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation (NASDAQ: LSCC) is a fabless semiconductor company that develops low-power, programmable logic devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system-on-chip solutions, development boards, design tools and intellectual property.

The company’s products are designed to provide flexible, power-efficient processing, control and connectivity for applications such as industrial equipment, communications infrastructure, automotive systems, consumer electronics, computing and aerospace and defense.