FMR LLC & Abigail Johnson Report 6.947% Stake in Lattice Semi
Ticker: LSCC · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 855658
| Field | Detail |
|---|---|
| Company | Lattice Semiconductor Corp (LSCC) |
| Form Type | SC 13G/A |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**FMR LLC still holds a big chunk of Lattice Semi, showing continued institutional interest.**
AI Summary
FMR LLC, a major investment firm, and its Chairman and CEO, Abigail P. Johnson, have filed an amended SC 13G/A on February 9, 2024, disclosing their beneficial ownership of 9,589,160 shares of Lattice Semiconductor Corp (LSCC) common stock. This represents 6.947% of the company's outstanding shares. This filing indicates a significant, albeit slightly reduced, passive stake by a prominent institutional investor, which can influence market perception and potentially provide a floor for the stock price.
Why It Matters
This filing shows that a major institutional investor, FMR LLC, and its leader, Abigail P. Johnson, continue to hold a substantial stake in Lattice Semiconductor, signaling their ongoing confidence in the company's long-term prospects.
Risk Assessment
Risk Level: low — The filing indicates a passive investment by a large, diversified financial institution, which generally poses low risk to the company's operations or stock price.
Analyst Insight
Investors should note the continued significant institutional ownership by FMR LLC, which suggests a stable long-term outlook from a major player, but this filing itself doesn't indicate any immediate catalysts for price movement.
Key Numbers
- 9,589,160 — Shares Beneficially Owned (Represents the total number of common shares of Lattice Semiconductor Corp held by FMR LLC and Abigail P. Johnson.)
- 6.947% — Percent of Class (Indicates the percentage of Lattice Semiconductor Corp's outstanding common stock owned by FMR LLC and Abigail P. Johnson.)
Key Players & Entities
- FMR LLC (company) — Reporting Person, parent holding company
- Abigail P. Johnson (person) — Reporting Person, associated with FMR LLC
- LATTICE SEMICONDUCTOR CORP (company) — Issuer of the common stock
- 9,589,160 (dollar_amount) — Total shares beneficially owned by FMR LLC and Abigail P. Johnson
- 6.947% (dollar_amount) — Percentage of class beneficially owned by FMR LLC and Abigail P. Johnson
Forward-Looking Statements
- FMR LLC will maintain a significant, passive stake in Lattice Semiconductor Corp. (FMR LLC) — high confidence, target: Next 12-18 months
FAQ
Who are the reporting persons in this SC 13G/A filing?
The reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing for each reporting person.
What is the total number of shares of LATTICE SEMICONDUCTOR CORP common stock beneficially owned by FMR LLC and Abigail P. Johnson?
FMR LLC and Abigail P. Johnson each beneficially own 9,589,160 shares of LATTICE SEMICONDUCTOR CORP common stock, as reported in Item 7 and Item 4(a) of the filing.
What percentage of LATTICE SEMICONDUCTOR CORP's common stock do the reporting persons beneficially own?
The reporting persons, FMR LLC and Abigail P. Johnson, beneficially own 6.947% of the class of LATTICE SEMICONDUCTOR CORP common stock, as indicated in Item 11 and Item 4(b) of the filing.
What is the CUSIP number for LATTICE SEMICONDUCTOR CORP common stock?
The CUSIP number for LATTICE SEMICONDUCTOR CORP common stock is 518415104, as stated in the filing's cover page and Item 2(e).
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the checked box on the cover page and in Item 3 of the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding LATTICE SEMICONDUCTOR CORP (LSCC).