Lattice Semiconductor Co. (NASDAQ:LSCC) SVP Sells $101,242.40 in Stock

Lattice Semiconductor Co. (NASDAQ:LSCC) SVP Tracy Ann Feanny sold 1,790 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $56.56, for a total value of $101,242.40. Following the transaction, the senior vice president now owns 87,106 shares in the company, valued at approximately $4,926,715.36. This trade represents a 2.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Lattice Semiconductor Price Performance

Lattice Semiconductor stock opened at $52.25 on Friday. The stock’s fifty day moving average price is $50.56 and its two-hundred day moving average price is $55.33. The firm has a market cap of $7.18 billion, a PE ratio of 118.75, a price-to-earnings-growth ratio of 3.03 and a beta of 1.60. Lattice Semiconductor Co. has a one year low of $34.69 and a one year high of $78.29.

Lattice Semiconductor (NASDAQ:LSCC) last issued its earnings results on Monday, May 5th. The semiconductor company reported $0.22 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.22. The firm had revenue of $120.15 million for the quarter, compared to the consensus estimate of $120.09 million. Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. The company’s revenue was down 14.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.29 EPS. Sell-side analysts expect that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Lattice Semiconductor

Large investors have recently modified their holdings of the business. US Bancorp DE boosted its holdings in shares of Lattice Semiconductor by 2.9% in the 4th quarter. US Bancorp DE now owns 28,111 shares of the semiconductor company’s stock valued at $1,592,000 after purchasing an additional 800 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Lattice Semiconductor by 3.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 939,393 shares of the semiconductor company’s stock valued at $53,217,000 after purchasing an additional 29,516 shares in the last quarter. Compass Wealth Management LLC acquired a new stake in shares of Lattice Semiconductor in the 4th quarter valued at $1,324,000. Barclays PLC boosted its holdings in shares of Lattice Semiconductor by 57.5% in the 3rd quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company’s stock valued at $54,124,000 after purchasing an additional 372,301 shares in the last quarter. Finally, UMB Bank n.a. boosted its holdings in shares of Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 266 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Stifel Nicolaus increased their target price on Lattice Semiconductor from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. Williams Trading set a $60.00 target price on Lattice Semiconductor in a research note on Tuesday, May 6th. TD Cowen increased their target price on Lattice Semiconductor from $50.00 to $58.00 and gave the stock a “buy” rating in a research note on Tuesday, May 6th. Robert W. Baird increased their target price on Lattice Semiconductor from $42.00 to $50.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 6th. Finally, Susquehanna raised their price objective on Lattice Semiconductor from $70.00 to $75.00 and gave the stock a “positive” rating in a research note on Tuesday, February 11th. Two analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $63.15.

Lattice Semiconductor Company Profile

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.