Polar Asset Management Partners Inc. trimmed its holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 74.8% during the first quarter, Holdings Channel.com reports. The fund owned 27,424 shares of the semiconductor company’s stock after selling 81,440 shares during the period. Polar Asset Management Partners Inc.’s holdings in Lattice Semiconductor were worth $2,544,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Lazard Asset Management LLC purchased a new stake in shares of Lattice Semiconductor in the first quarter valued at about $952,000. Castleark Management LLC increased its stake in shares of Lattice Semiconductor by 2.9% during the 1st quarter. Castleark Management LLC now owns 91,639 shares of the semiconductor company’s stock worth $8,500,000 after purchasing an additional 2,620 shares in the last quarter. Granahan Investment Management LLC increased its stake in shares of Lattice Semiconductor by 6.1% during the 1st quarter. Granahan Investment Management LLC now owns 63,054 shares of the semiconductor company’s stock worth $5,849,000 after purchasing an additional 3,626 shares in the last quarter. Compound Planning Inc. acquired a new position in shares of Lattice Semiconductor during the 1st quarter worth approximately $276,000. Finally, Sei Investments Co. raised its position in shares of Lattice Semiconductor by 13.4% during the 1st quarter. Sei Investments Co. now owns 551,510 shares of the semiconductor company’s stock worth $51,158,000 after purchasing an additional 65,287 shares during the last quarter. 98.08% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
LSCC has been the topic of a number of analyst reports. Robert W. Baird increased their target price on Lattice Semiconductor from $120.00 to $135.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Zacks Research lowered Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Deutsche Bank Aktiengesellschaft lifted their price objective on Lattice Semiconductor from $150.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Stifel Nicolaus upped their target price on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, KeyCorp lifted their price target on shares of Lattice Semiconductor from $125.00 to $165.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Thirteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Lattice Semiconductor has an average rating of “Moderate Buy” and a consensus price target of $132.29.
Lattice Semiconductor Trading Down 4.3%
Shares of NASDAQ:LSCC opened at $122.91 on Tuesday. The firm has a market cap of $16.84 billion, a price-to-earnings ratio of 877.99, a PEG ratio of 3.17 and a beta of 1.78. The stock’s 50-day moving average price is $140.35 and its two-hundred day moving average price is $113.26. Lattice Semiconductor Corporation has a 12-month low of $46.43 and a 12-month high of $157.01.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.05. Lattice Semiconductor had a net margin of 3.46% and a return on equity of 8.48%. The business had revenue of $170.90 million for the quarter, compared to analyst estimates of $164.93 million. During the same period in the prior year, the firm posted $0.22 EPS. The company’s revenue was up 42.2% on a year-over-year basis. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. As a group, research analysts forecast that Lattice Semiconductor Corporation will post 1.02 earnings per share for the current fiscal year.
Insider Activity at Lattice Semiconductor
In other Lattice Semiconductor news, Director Elizabeth M. Schwarting sold 3,200 shares of Lattice Semiconductor stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $124.53, for a total value of $398,496.00. Following the transaction, the director owned 6,636 shares in the company, valued at $826,381.08. This trade represents a 32.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Pravin Desale sold 2,039 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $142.89, for a total transaction of $291,352.71. Following the sale, the senior vice president directly owned 73,519 shares of the company’s stock, valued at $10,505,129.91. This represents a 2.70% 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 ninety days, insiders sold 14,080 shares of company stock worth $2,045,078. Company insiders own 0.62% of the company’s stock.
Lattice Semiconductor Profile
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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