Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) SVP Tracy Ann Feanny sold 2,740 shares of the stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $151.84, for a total value of $416,041.60. Following the completion of the transaction, the senior vice president owned 63,084 shares in the company, valued at approximately $9,578,674.56. The trade was a 4.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Tracy Ann Feanny also recently made the following trade(s):
- On Monday, March 9th, Tracy Ann Feanny sold 1,381 shares of Lattice Semiconductor stock. The shares were sold at an average price of $90.63, for a total value of $125,160.03.
Lattice Semiconductor Stock Down 10.8%
LSCC stock opened at $135.57 on Friday. Lattice Semiconductor Corporation has a twelve month low of $46.43 and a twelve month high of $155.82. The stock’s 50 day moving average is $120.87 and its 200-day moving average is $96.54. The firm has a market capitalization of $18.57 billion, a PE ratio of 968.43, a P/E/G ratio of 3.37 and a beta of 1.79.
Institutional Investors Weigh In On Lattice Semiconductor
Several hedge funds have recently added to or reduced their stakes in LSCC. iSAM Funds UK Ltd bought a new stake in Lattice Semiconductor during the third quarter worth about $25,000. V Square Quantitative Management LLC bought a new stake in Lattice Semiconductor during the fourth quarter worth about $27,000. Smartleaf Asset Management LLC lifted its stake in Lattice Semiconductor by 462.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 324 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new stake in Lattice Semiconductor during the third quarter worth about $31,000. Finally, Caitlin John LLC bought a new stake in shares of Lattice Semiconductor in the 3rd quarter valued at about $34,000. Institutional investors own 98.08% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have issued reports on LSCC shares. Needham & Company LLC raised their target price on Lattice Semiconductor from $110.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. TD Cowen lifted their price target on Lattice Semiconductor from $125.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Stifel Nicolaus lifted their price target on Lattice Semiconductor from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Weiss Ratings upgraded Lattice Semiconductor from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, April 21st. Finally, Benchmark lifted their price target on Lattice Semiconductor from $82.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $130.86.
View Our Latest Stock Analysis on Lattice Semiconductor
About Lattice Semiconductor
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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