Pravin Desale Sells 2,039 Shares of Lattice Semiconductor (NASDAQ:LSCC) Stock

Lattice Semiconductor Corporation (NASDAQ:LSCCGet Free Report) SVP Pravin Desale sold 2,039 shares of Lattice Semiconductor stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $111.83, for a total transaction of $228,021.37. Following the sale, the senior vice president owned 73,456 shares in the company, valued at $8,214,584.48. This represents a 2.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Lattice Semiconductor Trading Down 0.2%

NASDAQ LSCC opened at $106.32 on Thursday. The stock has a market cap of $14.57 billion, a P/E ratio of 408.92, a PEG ratio of 1.62 and a beta of 1.79. The company’s fifty day simple moving average is $123.10 and its 200-day simple moving average is $121.41. The company has a current ratio of 3.02, a quick ratio of 2.33 and a debt-to-equity ratio of 0.04. Lattice Semiconductor Corporation has a 52 week low of $60.50 and a 52 week high of $157.01.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.09. The firm had revenue of $201.08 million for the quarter, compared to the consensus estimate of $185.50 million. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The firm’s quarterly revenue was up 62.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Equities research analysts predict that Lattice Semiconductor Corporation will post 1.12 EPS for the current fiscal year.

Institutional Trading of Lattice Semiconductor

Several institutional investors have recently added to or reduced their stakes in LSCC. HB Wealth Management LLC boosted its position in shares of Lattice Semiconductor by 3.7% during the 1st quarter. HB Wealth Management LLC now owns 3,335 shares of the semiconductor company’s stock valued at $309,000 after acquiring an additional 119 shares in the last quarter. V Square Quantitative Management LLC raised its holdings in shares of Lattice Semiconductor by 38.6% in the 1st quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company’s stock worth $48,000 after buying an additional 143 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of Lattice Semiconductor by 10.1% during the 1st quarter. Parallel Advisors LLC now owns 1,963 shares of the semiconductor company’s stock worth $182,000 after buying an additional 180 shares during the period. Versant Capital Management Inc boosted its stake in Lattice Semiconductor by 53.5% in the 2nd quarter. Versant Capital Management Inc now owns 531 shares of the semiconductor company’s stock valued at $81,000 after buying an additional 185 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC boosted its stake in Lattice Semiconductor by 4.6% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 4,377 shares of the semiconductor company’s stock valued at $406,000 after buying an additional 191 shares in the last quarter. Institutional investors own 98.08% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on LSCC. Zacks Research downgraded Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 8th. Rosenblatt Securities restated a “buy” rating and set a $175.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, August 4th. Needham & Company LLC upped their target price on Lattice Semiconductor from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Jefferies Financial Group increased their target price on Lattice Semiconductor from $145.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $147.46.

Check Out Our Latest Stock Analysis on Lattice Semiconductor

About Lattice Semiconductor

(Get Free Report)

Lattice Semiconductor Corporation develops and supplies low-power, field-programmable gate arrays (FPGAs) and related semiconductor solutions. Its products allow customers to configure hardware for specific applications after manufacturing, providing flexibility for industrial, communications, automotive, consumer electronics and computing systems.

The company’s portfolio includes small and mid-range FPGAs, system-on-chip devices, programmable logic products, development software, evaluation boards and design tools.

See Also

Insider Buying and Selling by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.