Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) SVP Tracy Ann Feanny sold 1,880 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total transaction of $237,688.40. Following the completion of the sale, the senior vice president directly owned 60,221 shares of the company’s stock, valued at $7,613,741.03. The trade was a 3.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through 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 Thursday, June 4th, Tracy Ann Feanny sold 2,740 shares of Lattice Semiconductor stock. The stock was sold at an average price of $151.84, for a total transaction of $416,041.60.
Lattice Semiconductor Stock Performance
Shares of LSCC stock opened at $117.56 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02. The firm has a market cap of $16.11 billion, a price-to-earnings ratio of 452.15, a P/E/G ratio of 1.79 and a beta of 1.81. Lattice Semiconductor Corporation has a 52 week low of $59.76 and a 52 week high of $157.01. The firm’s 50-day simple moving average is $134.22 and its two-hundred day simple moving average is $118.59.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on LSCC shares. KeyCorp boosted their price target on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. Royal Bank Of Canada lifted their price objective on Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. TD Cowen boosted their target price on Lattice Semiconductor from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Finally, Robert W. Baird upped their target price on Lattice Semiconductor from $120.00 to $135.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $144.38.
Check Out Our Latest Report on LSCC
Hedge Funds Weigh In On Lattice Semiconductor
Large investors have recently added to or reduced their stakes in the business. Teza Capital Management LLC purchased a new stake in shares of Lattice Semiconductor during the second quarter valued at approximately $438,000. Headlands Technologies LLC bought a new stake in Lattice Semiconductor during the 2nd quarter valued at $1,346,000. Moore Capital Management LP bought a new stake in Lattice Semiconductor during the 2nd quarter valued at $8,260,000. Sigma Planning Corp purchased a new stake in Lattice Semiconductor during the 2nd quarter valued at $441,000. Finally, Two Sigma Securities LLC bought a new stake in Lattice Semiconductor in the 2nd quarter worth $785,000. Hedge funds and other institutional investors 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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