Lattice Semiconductor falls as investors digest $1.65B AMI acquisition terms

Lattice Semiconductor (LSCC) is down 6.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears tied to post-announcement digestion after the company unveiled a large acquisition alongside strong quarterly results, with investors focusing on dilution and financing risk. Even when the strategic rationale is positive, a deal with a meaningful stock component can pressure shares in the short term.

Details:

Lattice announced a definitive agreement to acquire AMI for $1.65 billion, comprised of $1.0 billion in cash and about $650 million in Lattice stock, creating an overhang tied to new share issuance.

The equity portion is expected to result in roughly 5.2 million to 6.1 million new shares (including equity awards for AMI employees), a structure that can spark near-term dilution concerns.

The company indicated it intends to fund the cash portion using a mix of balance sheet cash and new debt financing, which can raise questions about leverage and interest expense.

Separately, Lattice reported Q1 revenue of $170.9 million (up 42% year over year) and highlighted strong margins and cash generation, which may have already been priced in after the prior session’s rally.

Sources:

SEC, MarketScreener, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$LSCC Insider Trading Activity

$LSCC insiders have traded $LSCC stock on the open market 47 times in the past 6 months. Of those trades, 4 have been purchases and 43 have been sales.

Here’s a breakdown of recent trading of $LSCC stock by insiders over the last 6 months:

ESAM ELASHMAWI (SVP Mktg & Strategy) has made 0 purchases and 6 sales selling 40,360 shares for an estimated $3,708,206.
FORD TAMER (President & CEO) has made 4 purchases buying 30,000 shares for an estimated $1,892,114 and 1 sale selling 3,544 shares for an estimated $321,192.
TRACY ANN FEANNY (SVP, General Counsel) has made 0 purchases and 6 sales selling 23,492 shares for an estimated $2,050,363.
PRAVIN DESALE (SVP, R&D) has made 0 purchases and 14 sales selling 15,866 shares for an estimated $1,367,842.
DAVID JEFFREY RICHARDSON has made 0 purchases and 2 sales selling 12,779 shares for an estimated $1,287,148.
TONYA STEVENS (CVP, Chief Accounting Officer) has made 0 purchases and 7 sales selling 13,594 shares for an estimated $1,170,606.
MARK EDWIN JENSEN has made 0 purchases and 2 sales selling 10,134 shares for an estimated $995,039.
ROBIN ANN ABRAMS sold 8,000 shares for an estimated $797,984
JAMES P LEDERER sold 5,000 shares for an estimated $484,799
ERHAAN SHAIKH (SVP, Sales) has made 0 purchases and 2 sales selling 3,211 shares for an estimated $295,262.
LORENZO FLORES (SVP, CFO) sold 2,167 shares for an estimated $196,395

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

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$LSCC Hedge Fund Activity

We have seen 227 institutional investors add shares of $LSCC stock to their portfolio, and 188 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 10,852,424 shares (-52.2%) from their portfolio in Q4 2025, for an estimated $798,521,357
PICTET ASSET MANAGEMENT HOLDING SA removed 1,608,106 shares (-58.2%) from their portfolio in Q1 2026, for an estimated $144,874,269
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,186,882 shares (-75.2%) from their portfolio in Q4 2025, for an estimated $87,330,777
M&T BANK CORP added 1,164,910 shares (+inf%) to their portfolio in Q4 2025, for an estimated $85,714,077
ARTISAN PARTNERS LIMITED PARTNERSHIP removed 1,040,219 shares (-21.4%) from their portfolio in Q4 2025, for an estimated $76,539,314
DUQUESNE FAMILY OFFICE LLC added 925,970 shares (+inf%) to their portfolio in Q4 2025, for an estimated $68,132,872
CITADEL ADVISORS LLC removed 843,920 shares (-58.9%) from their portfolio in Q4 2025, for an estimated $62,095,633

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$LSCC Analyst Ratings

Wall Street analysts have issued reports on $LSCC in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Jefferies issued a "Buy" rating on 02/11/2026
RBC Capital issued a "Outperform" rating on 01/15/2026

To track analyst ratings and price targets for $LSCC, check out Quiver Quantitative's $LSCC forecast page.

$LSCC Price Targets

Multiple analysts have issued price targets for $LSCC recently. We have seen 9 analysts offer price targets for $LSCC in the last 6 months, with a median target of $135.0.

Here are some recent targets:

Tristan Gerra from Baird set a target price of $135.0 on 05/05/2026
Kevin Cassidy from Rosenblatt set a target price of $175.0 on 05/05/2026
N. Quinn Bolton from Needham set a target price of $140.0 on 05/05/2026
John Vinh from Keybanc set a target price of $165.0 on 05/05/2026
Ruben Roy from Stifel set a target price of $130.0 on 04/20/2026
Christopher Rolland from Susquehanna set a target price of $120.0 on 02/11/2026
David Williams from Benchmark set a target price of $120.0 on 02/11/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.