Insider Selling: Lattice Semiconductor Co. (NASDAQ:LSCC) SVP Sells $105,968.00 in Stock

Lattice Semiconductor Co. (NASDAQ:LSCC) SVP Mark Jon Nelson sold 1,850 shares of the firm’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $57.28, for a total value of $105,968.00. Following the transaction, the senior vice president now owns 83,289 shares in the company, valued at approximately $4,770,793.92. This trade represents a 2.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Mark Jon Nelson also recently made the following trade(s):

• On Friday, December 6th, Mark Jon Nelson sold 1,850 shares of Lattice Semiconductor stock. The shares were sold at an average price of $57.92, for a total transaction of $107,152.00.

Lattice Semiconductor Trading Up 0.6 %

NASDAQ:LSCC opened at $55.82 on Friday. Lattice Semiconductor Co. has a 12-month low of $40.65 and a 12-month high of $85.69. The stock’s 50 day simple moving average is $56.44 and its 200-day simple moving average is $53.44. The firm has a market cap of $7.70 billion, a P/E ratio of 54.19 and a beta of 1.41.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. The firm had revenue of $127.09 million during the quarter, compared to analysts’ expectations of $127.05 million. During the same quarter last year, the business posted $0.41 EPS. The firm’s quarterly revenue was down 33.9% compared to the same quarter last year. Research analysts forecast that Lattice Semiconductor Co. will post 0.54 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on LSCC. TD Cowen reduced their target price on Lattice Semiconductor from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $85.00 target price on shares of Lattice Semiconductor in a research report on Wednesday, December 11th. Robert W. Baird lifted their target price on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. KeyCorp decreased their target price on shares of Lattice Semiconductor from $60.00 to $54.00 and set an “overweight” rating for the company in a research note on Tuesday, November 5th. Finally, Needham & Company LLC lifted their target price on Lattice Semiconductor from $56.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.00.

Institutional Trading of Lattice Semiconductor

Institutional investors have recently added to or reduced their stakes in the business. American National Bank & Trust lifted its stake in shares of Lattice Semiconductor by 5,064.3% in the 3rd quarter. American National Bank & Trust now owns 723 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 709 shares during the period. Hollencrest Capital Management acquired a new stake in shares of Lattice Semiconductor in the third quarter worth about $53,000. Brooklyn Investment Group bought a new stake in shares of Lattice Semiconductor during the 3rd quarter worth $89,000. GAMMA Investing LLC grew its holdings in Lattice Semiconductor by 257.8% in the 3rd quarter. GAMMA Investing LLC now owns 2,129 shares of the semiconductor company’s stock valued at $113,000 after buying an additional 1,534 shares during the last quarter. Finally, Acadian Asset Management LLC bought a new position in shares of Lattice Semiconductor during the 2nd quarter worth about $146,000. Institutional investors own 98.08% of the company’s stock.

About Lattice Semiconductor

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.