Lattice Semiconductor (NASDAQ:LSCC) Cut to “Buy” at Wall Street Zen

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

LSCC has been the subject of a number of other research reports. Needham & Company LLC increased their price target on shares of Lattice Semiconductor from $140.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. TD Cowen boosted their price objective on Lattice Semiconductor from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Royal Bank Of Canada upped their price objective on Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Friday, July 17th. Finally, Zacks Research cut Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $147.46.

Lattice Semiconductor Price Performance

Shares of Lattice Semiconductor stock opened at $124.03 on Friday. The company has a market capitalization of $16.99 billion, a price-to-earnings ratio of 477.04, a PEG ratio of 1.94 and a beta of 1.79. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04. The stock’s 50-day simple moving average is $121.22 and its 200-day simple moving average is $122.92. Lattice Semiconductor has a 52 week low of $60.50 and a 52 week high of $157.01.

Lattice Semiconductor (NASDAQ:LSCC) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The company had revenue of $201.08 million during the quarter, compared to analysts’ expectations of $185.50 million. During the same period last year, the company posted $0.24 earnings per share. Lattice Semiconductor’s quarterly revenue was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, analysts expect that Lattice Semiconductor will post 1.12 earnings per share for the current fiscal year.

Insider Transactions at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,039 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $111.83, for a total value of $228,021.37. Following the completion of the transaction, the senior vice president directly owned 73,456 shares in the company, valued at approximately $8,214,584.48. The trade was a 2.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed 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 the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $134.77, for a total transaction of $2,121,549.34. Following the sale, the senior vice president directly owned 155,420 shares of the company’s stock, valued at approximately $20,945,953.40. The trade was 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. In the last three months, insiders sold 19,661 shares of company stock valued at $2,587,259. Corporate insiders own 0.62% of the company’s stock.

Institutional Investors Weigh In On Lattice Semiconductor

Institutional investors and hedge funds have recently made changes to their positions in the stock. State of Wyoming acquired a new position in Lattice Semiconductor during the second quarter worth $3,155,000. Compass Wealth Management LLC acquired a new stake in shares of Lattice Semiconductor in the second quarter valued at about $1,884,000. BlackRock Inc. purchased a new stake in shares of Lattice Semiconductor during the second quarter worth about $2,637,161,000. Wasatch Advisors LP acquired a new position in shares of Lattice Semiconductor during the 2nd quarter worth about $8,443,000. Finally, Artemis Wealth Advisors LLC acquired a new position in shares of Lattice Semiconductor during the 2nd quarter worth about $886,000. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation develops and supplies low-power, field-programmable gate arrays (FPGAs) and related semiconductor solutions. Its products allow customers to configure hardware for specific applications after manufacturing, providing flexibility for industrial, communications, automotive, consumer electronics and computing systems.

The company’s portfolio includes small and mid-range FPGAs, system-on-chip devices, programmable logic products, development software, evaluation boards and design tools.