Mark Jon Nelson Sells 1,210 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC) Stock

Lattice Semiconductor Co. (NASDAQ:LSCC) SVP Mark Jon Nelson sold 1,210 shares of Lattice Semiconductor stock in a transaction on Monday, May 20th. The shares were sold at an average price of $72.97, for a total value of $88,293.70. Following the sale, the senior vice president now directly owns 14,554 shares of the company’s stock, valued at approximately $1,062,005.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Lattice Semiconductor Price Performance

Shares of NASDAQ:LSCC opened at $74.02 on Friday. Lattice Semiconductor Co. has a 1 year low of $51.96 and a 1 year high of $98.30. The stock’s 50-day moving average is $73.70 and its 200 day moving average is $69.25. The company has a market cap of $10.18 billion, a PE ratio of 47.45, a P/E/G ratio of 16.64 and a beta of 1.41.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Monday, April 29th. The semiconductor company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.03. The company had revenue of $140.82 million for the quarter, compared to the consensus estimate of $140.08 million. Lattice Semiconductor had a return on equity of 28.61% and a net margin of 31.42%. Analysts expect that Lattice Semiconductor Co. will post 0.68 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

LSCC has been the subject of several research analyst reports. Bank of America lifted their price objective on Lattice Semiconductor from $75.00 to $83.00 and gave the company a “neutral” rating in a research note on Tuesday, April 30th. Susquehanna lifted their price objective on Lattice Semiconductor from $78.00 to $85.00 and gave the company a “positive” rating in a research note on Tuesday, April 30th. KeyCorp lifted their price objective on Lattice Semiconductor from $80.00 to $85.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. Stifel Nicolaus dropped their price objective on Lattice Semiconductor from $70.00 to $67.00 and set a “hold” rating for the company in a research note on Tuesday, February 13th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $80.00 price target on shares of Lattice Semiconductor in a research note on Friday, May 17th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $82.09.

Institutional Trading of Lattice Semiconductor

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Fifth Third Bancorp lifted its position in Lattice Semiconductor by 12.5% in the 3rd quarter. Fifth Third Bancorp now owns 2,355 shares of the semiconductor company’s stock valued at $202,000 after acquiring an additional 261 shares in the last quarter. Orion Portfolio Solutions LLC lifted its position in Lattice Semiconductor by 1.5% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 28,081 shares of the semiconductor company’s stock valued at $2,413,000 after acquiring an additional 423 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in Lattice Semiconductor by 7.5% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,853 shares of the semiconductor company’s stock valued at $245,000 after acquiring an additional 200 shares in the last quarter. California Public Employees Retirement System lifted its position in Lattice Semiconductor by 0.9% in the 3rd quarter. California Public Employees Retirement System now owns 269,620 shares of the semiconductor company’s stock valued at $23,168,000 after acquiring an additional 2,376 shares in the last quarter. Finally, Lmcg Investments LLC lifted its position in Lattice Semiconductor by 2.3% in the 3rd quarter. Lmcg Investments LLC now owns 15,067 shares of the semiconductor company’s stock valued at $1,295,000 after acquiring an additional 332 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.

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.