BlackRock Inc. acquired 17,240,855 shares of Lattice Semiconductor. The investment is valued at approximately $2.64 billion. This purchase gives BlackRock a 12.58% ownership stake in the company. The firm disclosed the transaction in a Q2 filing on August 20, 2026.
Other institutional investors are also increasing their holdings. Lisanti Capital Growth LLC purchased 36,365 shares during the second quarter. This stake is valued at approximately $5.56 million.
The institutional interest follows a period of stock price volatility for Lattice. Shares declined over the past week. The company previously reported strong year-over-year revenue growth in its last quarterly earnings.