Lattice Semiconductor Corporation (NASDAQ:LSCC – Get 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:LSCC – Get 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
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
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.
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