Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) CAO Tonya Stevens sold 1,092 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $90.63, for a total transaction of $98,967.96. Following the completion of the sale, the chief accounting officer directly owned 63,415 shares in the company, valued at approximately $5,747,301.45. The trade was a 1.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Tonya Stevens also recently made the following trade(s):
- On Monday, March 2nd, Tonya Stevens sold 3,230 shares of Lattice Semiconductor stock. The shares were sold at an average price of $95.38, for a total transaction of $308,077.40.
Lattice Semiconductor Stock Performance
Lattice Semiconductor stock traded up $1.06 during trading hours on Tuesday, hitting $91.69. 1,943,854 shares of the stock were exchanged, compared to its average volume of 2,194,188. The stock has a market capitalization of $12.54 billion, a P/E ratio of 4,586.79, a P/E/G ratio of 3.32 and a beta of 1.65. The business’s 50-day moving average is $88.38 and its two-hundred day moving average is $76.68. Lattice Semiconductor Corporation has a 12 month low of $34.69 and a 12 month high of $108.08.
Wall Street Analysts Forecast Growth
LSCC has been the topic of a number of research analyst reports. Jefferies Financial Group increased their price objective on shares of Lattice Semiconductor from $85.00 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Rosenblatt Securities boosted their price objective on shares of Lattice Semiconductor from $80.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Robert W. Baird set a $120.00 price objective on Lattice Semiconductor in a research report on Thursday, February 12th. KeyCorp upped their price target on Lattice Semiconductor from $95.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Finally, Zacks Research upgraded Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Lattice Semiconductor currently has a consensus rating of “Moderate Buy” and an average target price of $102.64.
Check Out Our Latest Research Report on Lattice Semiconductor
Institutional Trading of Lattice Semiconductor
A number of institutional investors have recently bought and sold shares of LSCC. Natixis Advisors LLC raised its position in shares of Lattice Semiconductor by 0.5% during the 4th quarter. Natixis Advisors LLC now owns 23,000 shares of the semiconductor company’s stock valued at $1,692,000 after acquiring an additional 120 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of Lattice Semiconductor by 1.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 12,466 shares of the semiconductor company’s stock worth $917,000 after purchasing an additional 143 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in shares of Lattice Semiconductor by 0.7% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 21,312 shares of the semiconductor company’s stock worth $1,563,000 after purchasing an additional 144 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Lattice Semiconductor by 46.5% during the third quarter. EverSource Wealth Advisors LLC now owns 476 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 151 shares during the period. Finally, Allworth Financial LP increased its holdings in Lattice Semiconductor by 45.2% in the third quarter. Allworth Financial LP now owns 501 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 156 shares during the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.
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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