Lattice Semiconductor (NASDAQ:LSCC) SVP Pravin Desale Sells 2,039 Shares of Stock

Lattice Semiconductor Corporation (NASDAQ:LSCCGet Free Report) SVP Pravin Desale sold 2,039 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $142.89, for a total transaction of $291,352.71. Following the completion of the sale, the senior vice president directly owned 73,519 shares in the company, valued at approximately $10,505,129.91. The trade was a 2.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at 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.

Lattice Semiconductor Trading Up 1.2%

Shares of Lattice Semiconductor stock opened at $144.53 on Friday. Lattice Semiconductor Corporation has a 12-month low of $46.43 and a 12-month high of $155.82. The company has a market cap of $19.80 billion, a price-to-earnings ratio of 1,032.43, a PEG ratio of 3.55 and a beta of 1.79. The company’s 50-day moving average price is $125.70 and its 200-day moving average price is $99.18.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last announced its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. Lattice Semiconductor had a net margin of 3.46% and a return on equity of 8.48%. The firm had revenue of $170.90 million for the quarter, compared to the consensus estimate of $164.93 million. During the same period in the prior year, the firm posted $0.22 earnings per share. The company’s revenue for the quarter was up 42.2% on a year-over-year basis. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. On average, sell-side analysts predict that Lattice Semiconductor Corporation will post 1.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Robert W. Baird increased their price target on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. TD Cowen lifted their price target on Lattice Semiconductor from $125.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada boosted their price objective on Lattice Semiconductor from $118.00 to $140.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. KeyCorp upped their price objective on shares of Lattice Semiconductor from $125.00 to $165.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Finally, Jefferies Financial Group upped their price objective on shares of Lattice Semiconductor from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $130.86.

Get Our Latest Stock Report on LSCC

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LSCC. Royal Bank of Canada increased its position in shares of Lattice Semiconductor by 213.3% in the first quarter. Royal Bank of Canada now owns 176,938 shares of the semiconductor company’s stock worth $9,280,000 after purchasing an additional 120,464 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Lattice Semiconductor by 59.5% in the first quarter. AQR Capital Management LLC now owns 8,799 shares of the semiconductor company’s stock worth $460,000 after purchasing an additional 3,283 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Lattice Semiconductor by 37.8% in the first quarter. Goldman Sachs Group Inc. now owns 963,493 shares of the semiconductor company’s stock worth $50,535,000 after purchasing an additional 264,329 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Lattice Semiconductor by 28.8% in the second quarter. Cetera Investment Advisers now owns 6,432 shares of the semiconductor company’s stock worth $315,000 after purchasing an additional 1,440 shares during the last quarter. Finally, Guggenheim Capital LLC increased its position in shares of Lattice Semiconductor by 9.5% in the second quarter. Guggenheim Capital LLC now owns 19,746 shares of the semiconductor company’s stock worth $967,000 after purchasing an additional 1,717 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors.

About Lattice Semiconductor

(Get Free Report)

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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