Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) SVP Pravin Desale sold 685 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $95.44, for a total transaction of $65,376.40. Following the completion of the sale, the senior vice president owned 82,668 shares of the company’s stock, valued at approximately $7,889,833.92. The trade was a 0.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Pravin Desale also recently made the following trade(s):
- On Friday, December 12th, Pravin Desale sold 839 shares of Lattice Semiconductor stock. The stock was sold at an average price of $78.09, for a total transaction of $65,517.51.
- On Friday, November 28th, Pravin Desale sold 5,708 shares of Lattice Semiconductor stock. The stock was sold at an average price of $69.93, for a total value of $399,160.44.
Lattice Semiconductor Trading Down 2.2%
Shares of LSCC stock opened at $95.10 on Friday. The firm has a fifty day simple moving average of $83.29 and a 200-day simple moving average of $73.40. The company has a market capitalization of $13.01 billion, a PE ratio of 4,757.38, a price-to-earnings-growth ratio of 3.56 and a beta of 1.70. Lattice Semiconductor Corporation has a twelve month low of $34.69 and a twelve month high of $108.08.
Wall Street Analyst Weigh In
LSCC has been the topic of several recent research reports. Weiss Ratings cut shares of Lattice Semiconductor from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $90.00 target price on shares of Lattice Semiconductor in a research report on Wednesday, February 4th. Williams Trading set a $82.00 target price on Lattice Semiconductor in a report on Tuesday, November 4th. Zacks Research upgraded Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. Finally, KeyCorp upped their price target on Lattice Semiconductor from $95.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $102.64.
View Our Latest Stock Report on LSCC
Institutional Trading of Lattice Semiconductor
Hedge funds have recently modified their holdings of the company. iSAM Funds UK Ltd bought a new position in Lattice Semiconductor in the third quarter valued at approximately $25,000. V Square Quantitative Management LLC acquired a new position in Lattice Semiconductor during the fourth quarter worth $27,000. Smartleaf Asset Management LLC grew 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 valued at $29,000 after acquiring an additional 324 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in Lattice Semiconductor in the 3rd quarter valued at about $31,000. Finally, Caitlin John LLC bought a new stake in Lattice Semiconductor in the 3rd quarter valued at $34,000. 98.08% of the stock is currently owned by institutional investors and hedge funds.
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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