Lattice Semiconductor (NASDAQ:LSCC) Rating Lowered to Hold at Zacks Research

Lattice Semiconductor (NASDAQ:LSCC) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks reports.

Several other equities analysts also recently commented on the stock. TD Cowen upped their price target on shares of Lattice Semiconductor from $145.00 to $165.00 and gave the company a “buy” rating in a report on Monday, July 13th. Weiss Ratings reissued a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Friday, July 17th. Wall Street Zen lowered Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 29th. KeyCorp raised their price target on Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $175.00 price target on shares of Lattice Semiconductor in a report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $147.46.

Lattice Semiconductor Trading Down 1.7%

Shares of LSCC stock opened at $115.45 on Tuesday. The company has a market cap of $15.82 billion, a PE ratio of 444.04, a price-to-earnings-growth ratio of 1.78 and a beta of 1.79. Lattice Semiconductor has a 1 year low of $60.50 and a 1 year high of $157.01. The stock’s 50 day simple moving average is $125.51 and its two-hundred day simple moving average is $120.98. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33.

Lattice Semiconductor (NASDAQ:LSCC) last released 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. The firm had revenue of $201.08 million for the quarter, compared to the consensus estimate of $185.50 million. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The company’s revenue for the quarter was up 62.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Research analysts predict that Lattice Semiconductor will post 1.12 earnings per share for the current year.

Insiders Place Their Bets

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,039 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $142.89, for a total transaction of $291,352.71. Following the sale, the senior vice president owned 73,519 shares of the company’s stock, valued at approximately $10,505,129.91. This trade represents a 2.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 firm’s stock in a transaction dated 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 sale, the senior vice president directly owned 155,420 shares in the company, valued at approximately $20,945,953.40. The trade was a 9.20% decrease in their position. 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. Insiders sold a total of 19,661 shares of company stock worth $2,650,590 over the last 90 days. Company insiders own 0.62% of the company’s stock.

Institutional Investors Weigh In On Lattice Semiconductor

A number of institutional investors have recently modified their holdings of LSCC. California State Teachers Retirement System lifted its holdings in Lattice Semiconductor by 15,228.0% during the second quarter. California State Teachers Retirement System now owns 24,285,306 shares of the semiconductor company’s stock valued at $3,714,680,000 after purchasing an additional 24,126,868 shares in the last quarter. BlackRock Inc. acquired a new position in Lattice Semiconductor during the second quarter worth about $2,637,161,000. Invesco Ltd. raised its holdings in Lattice Semiconductor by 177.3% in the 3rd quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock valued at $445,538,000 after acquiring an additional 3,885,482 shares during the last quarter. State Street Corp boosted its holdings in shares of Lattice Semiconductor by 1.8% during the 2nd quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock worth $237,718,000 after purchasing an additional 85,973 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Lattice Semiconductor by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company’s stock worth $254,433,000 after buying an additional 84,812 shares in the last quarter. 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.