Maxwell J. Downing Sells 6,563 Shares of Lattice Semiconductor Corp (LSCC) Stock
Lattice Semiconductor Corp (NASDAQ:LSCC) CFO Maxwell J. Downing sold 6,563 shares of the business’s stock in a transaction dated Monday, August 6th. The stock was sold at an average price of $7.59, for a total value of $49,813.17. Following the completion of the transaction, the chief financial officer now directly owns 36,212 shares of the company’s stock, valued at approximately $274,849.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Lattice Semiconductor opened at $7.56 on Friday, according to MarketBeat Ratings. Lattice Semiconductor Corp has a 52 week low of $5.05 and a 52 week high of $7.98. The stock has a market cap of $969.71 million, a PE ratio of 85.00, a price-to-earnings-growth ratio of 2.22 and a beta of 1.67. The company has a quick ratio of 3.07, a current ratio of 3.11 and a debt-to-equity ratio of 1.15.
Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings results on Thursday, August 9th. The semiconductor company reported $0.10 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.05. Lattice Semiconductor had a negative net margin of 19.67% and a positive return on equity of 5.21%. sell-side analysts forecast that Lattice Semiconductor Corp will post 0.23 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quantitative Systematic Strategies LLC increased its position in shares of Lattice Semiconductor by 102.7% during the 1st quarter. Quantitative Systematic Strategies LLC now owns 31,119 shares of the semiconductor company’s stock valued at $173,000 after purchasing an additional 15,770 shares during the last quarter. Barclays PLC increased its position in shares of Lattice Semiconductor by 137.6% during the 1st quarter. Barclays PLC now owns 46,442 shares of the semiconductor company’s stock valued at $259,000 after purchasing an additional 26,895 shares during the last quarter. Dynamic Technology Lab Private Ltd increased its position in shares of Lattice Semiconductor by 25.1% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 48,261 shares of the semiconductor company’s stock valued at $269,000 after purchasing an additional 9,687 shares during the last quarter. Engineers Gate Manager LP purchased a new stake in shares of Lattice Semiconductor during the 2nd quarter valued at about $275,000. Finally, Legal & General Group Plc increased its position in shares of Lattice Semiconductor by 33.3% during the 1st quarter. Legal & General Group Plc now owns 56,811 shares of the semiconductor company’s stock valued at $317,000 after purchasing an additional 14,191 shares during the last quarter. 86.92% of the stock is owned by hedge funds and other institutional investors.
About Lattice Semiconductor
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor devices in Asia, Europe, and the Americas. The company offers programmable logic devices that consist of five product family lines, such as the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices.
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