Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) SVP Tracy Ann Feanny sold 1,880 shares of the 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 in the company, valued at $7,613,741.03. This trade represents a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 shares were sold at an average price of $151.84, for a total value of $416,041.60.
Lattice Semiconductor Trading Down 5.0%
Shares of LSCC traded down $6.26 during mid-day trading on Wednesday, reaching $117.95. 620,370 shares of the company’s stock traded hands, compared to its average volume of 2,030,253. The stock has a market cap of $16.16 billion, a P/E ratio of 453.97, a P/E/G ratio of 1.98 and a beta of 1.81. The stock’s 50-day moving average is $135.02 and its two-hundred day moving average is $118.09. Lattice Semiconductor Corporation has a 12 month low of $59.37 and a 12 month high of $157.01. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33.
Institutional Investors Weigh In On Lattice Semiconductor
Several large investors have recently modified their holdings of LSCC. iSAM Funds UK Ltd purchased a new stake in Lattice Semiconductor during the third quarter worth $25,000. Smartleaf Asset Management LLC raised its position in shares of Lattice Semiconductor by 462.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 324 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in shares of Lattice Semiconductor during the 3rd quarter worth $31,000. Advisory Services Network LLC purchased a new stake in shares of Lattice Semiconductor during the 3rd quarter worth $34,000. Finally, Larson Financial Group LLC boosted its position in Lattice Semiconductor by 52.2% during the fourth quarter. Larson Financial Group LLC now owns 589 shares of the semiconductor company’s stock valued at $43,000 after purchasing an additional 202 shares in the last quarter. Institutional investors own 98.08% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts recently commented on LSCC shares. Deutsche Bank Aktiengesellschaft raised their price target on shares of Lattice Semiconductor from $150.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Jefferies Financial Group upped their target price on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Wall Street Zen raised shares of Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Friday, July 17th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $175.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $144.38.
Get Our Latest Stock Report on Lattice Semiconductor
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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