Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) SVP Tracy Ann Feanny sold 1,381 shares of Lattice Semiconductor stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $90.63, for a total value of $125,160.03. Following the completion of the sale, the senior vice president owned 56,355 shares of the company’s stock, valued at $5,107,453.65. The trade was a 2.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Tracy Ann Feanny also recently made the following trade(s):
- On Thursday, December 18th, Tracy Ann Feanny sold 9,965 shares of Lattice Semiconductor stock. The stock was sold at an average price of $73.44, for a total value of $731,829.60.
Lattice Semiconductor Stock Performance
LSCC opened at $86.40 on Friday. The company’s 50-day simple moving average is $88.98 and its two-hundred day simple moving average is $76.85. The stock has a market capitalization of $11.82 billion, a P/E ratio of 4,322.16, a P/E/G ratio of 3.32 and a beta of 1.65. Lattice Semiconductor Corporation has a 52-week low of $34.69 and a 52-week high of $108.08.
Hedge Funds Weigh In On Lattice Semiconductor
Large investors have recently made changes to their positions in the business. iSAM Funds UK Ltd bought a new position in shares of Lattice Semiconductor in the third quarter worth about $25,000. V Square Quantitative Management LLC purchased a new stake in shares of Lattice Semiconductor during the fourth quarter worth about $27,000. Smartleaf Asset Management LLC raised its stake in Lattice Semiconductor by 462.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 324 shares during the period. Measured Wealth Private Client Group LLC purchased a new position in Lattice Semiconductor in the 3rd quarter worth approximately $31,000. Finally, Caitlin John LLC purchased a new position in Lattice Semiconductor in the 3rd quarter worth approximately $34,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the stock. Wall Street Zen upgraded shares of Lattice Semiconductor from a “hold” rating to a “buy” rating in a research note on Sunday, February 15th. Needham & Company LLC raised their price target on Lattice Semiconductor from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Rosenblatt Securities lifted their price objective on Lattice Semiconductor from $80.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Royal Bank Of Canada upped their price objective on Lattice Semiconductor from $105.00 to $118.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Finally, Benchmark increased their target price on Lattice Semiconductor from $82.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $102.64.
View Our Latest Report on Lattice Semiconductor
Lattice Semiconductor Company Profile
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
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