Recent Investment Analysts’ Ratings Updates for Lattice Semiconductor (LSCC)

Lattice Semiconductor (NASDAQ: LSCC) has recently received a number of price target changes and ratings updates:

• 11/5/2024 – Lattice Semiconductor had its price target lowered by analysts at Susquehanna from $65.00 to $55.00. They now have a “positive” rating on the stock.
• 11/5/2024 – Lattice Semiconductor had its price target lowered by analysts at KeyCorp from $60.00 to $54.00. They now have an “overweight” rating on the stock.
• 11/5/2024 – Lattice Semiconductor had its price target lowered by analysts at Raymond James from $55.00 to $52.00. They now have an “outperform” rating on the stock.
• 11/5/2024 – Lattice Semiconductor had its price target lowered by analysts at Robert W. Baird from $70.00 to $44.00. They now have an “outperform” rating on the stock.
• 11/5/2024 – Lattice Semiconductor had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $56.00 to $50.00. They now have a “buy” rating on the stock.
• 11/5/2024 – Lattice Semiconductor had its price target lowered by analysts at TD Cowen from $60.00 to $50.00. They now have a “buy” rating on the stock.
• 11/4/2024 – Lattice Semiconductor had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $85.00 price target on the stock.
• 9/17/2024 – Lattice Semiconductor had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $61.00 price target on the stock.
• 9/17/2024 – Lattice Semiconductor was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating. They now have a $55.00 price target on the stock.
• 9/16/2024 – Lattice Semiconductor was upgraded by analysts at TD Cowen to a “strong-buy” rating.
• 9/16/2024 – Lattice Semiconductor had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $60.00 price target on the stock.

Lattice Semiconductor Trading Down 0.9 %

Shares of LSCC stock traded down $0.52 during trading hours on Friday, reaching $54.53. The company’s stock had a trading volume of 1,733,483 shares, compared to its average volume of 2,423,206. The stock has a market capitalization of $7.52 billion, a P/E ratio of 52.94 and a beta of 1.39. Lattice Semiconductor Co. has a one year low of $40.65 and a one year high of $85.69. The firm’s fifty day simple moving average is $50.56 and its 200 day simple moving average is $57.13.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.24 earnings per share for the quarter, meeting the consensus estimate of $0.24. Lattice Semiconductor had a return on equity of 16.92% and a net margin of 25.48%. The company had revenue of $127.09 million for the quarter, compared to analyst estimates of $127.05 million. During the same period in the previous year, the company posted $0.41 earnings per share. The firm’s revenue was down 33.9% on a year-over-year basis. As a group, equities research analysts forecast that Lattice Semiconductor Co. will post 0.59 earnings per share for the current fiscal year.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, CFO Sherri R. Luther sold 20,632 shares of Lattice Semiconductor stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $48.89, for a total transaction of $1,008,698.48. Following the completion of the transaction, the chief financial officer now owns 90,341 shares in the company, valued at approximately $4,416,771.49. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CFO Sherri R. Luther sold 20,632 shares of the business’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $48.89, for a total value of $1,008,698.48. Following the completion of the transaction, the chief financial officer now owns 90,341 shares in the company, valued at $4,416,771.49. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Mark Jon Nelson sold 1,232 shares of the business’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $48.98, for a total value of $60,343.36. Following the completion of the transaction, the senior vice president now owns 14,919 shares of the company’s stock, valued at $730,732.62. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.80% of the stock is owned by company insiders.

Institutional Trading of Lattice Semiconductor

Hedge funds have recently bought and sold shares of the company. Rokos Capital Management LLP grew its holdings in Lattice Semiconductor by 1,592.8% during the first quarter. Rokos Capital Management LLP now owns 1,212,878 shares of the semiconductor company’s stock valued at $94,896,000 after purchasing an additional 1,141,230 shares during the period. William Blair Investment Management LLC grew its holdings in Lattice Semiconductor by 78.7% during the first quarter. William Blair Investment Management LLC now owns 2,494,932 shares of the semiconductor company’s stock valued at $195,179,000 after purchasing an additional 1,098,962 shares during the period. Dimensional Fund Advisors LP grew its holdings in Lattice Semiconductor by 63.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,094,289 shares of the semiconductor company’s stock valued at $63,456,000 after purchasing an additional 426,511 shares during the period. Clearbridge Investments LLC grew its holdings in Lattice Semiconductor by 19.3% during the second quarter. Clearbridge Investments LLC now owns 1,822,190 shares of the semiconductor company’s stock valued at $105,669,000 after purchasing an additional 294,290 shares during the period. Finally, TD Asset Management Inc grew its holdings in Lattice Semiconductor by 34.8% during the first quarter. TD Asset Management Inc now owns 993,346 shares of the semiconductor company’s stock valued at $77,709,000 after purchasing an additional 256,405 shares during the period. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.