Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) SVP Erhaan Shaikh sold 1,577 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $93.33, for a total value of $147,181.41. Following the transaction, the senior vice president directly owned 82,617 shares in the company, valued at $7,710,644.61. The trade was a 1.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Erhaan Shaikh also recently made the following trade(s):
- On Monday, March 9th, Erhaan Shaikh sold 1,634 shares of Lattice Semiconductor stock. The shares were sold at an average price of $90.63, for a total value of $148,089.42.
Lattice Semiconductor Price Performance
NASDAQ:LSCC opened at $86.40 on Friday. Lattice Semiconductor Corporation has a 1-year low of $34.69 and a 1-year high of $108.08. The company has a 50-day moving average of $88.98 and a 200 day moving average of $76.85. The firm has a market cap of $11.82 billion, a PE ratio of 4,322.16, a price-to-earnings-growth ratio of 3.32 and a beta of 1.65.
Institutional Investors Weigh In On Lattice Semiconductor
A number of large investors have recently modified their holdings of LSCC. iSAM Funds UK Ltd acquired a new position in shares of Lattice Semiconductor during the third quarter valued at about $25,000. V Square Quantitative Management LLC acquired a new stake in Lattice Semiconductor in the 4th quarter worth approximately $27,000. Smartleaf Asset Management LLC boosted its stake in 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 purchasing an additional 324 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in Lattice Semiconductor during the 3rd quarter worth approximately $31,000. Finally, Caitlin John LLC purchased a new stake in Lattice Semiconductor during the 3rd quarter worth approximately $34,000. Hedge funds and other institutional investors own 98.08% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the stock. Jefferies Financial Group lifted their price objective on shares of Lattice Semiconductor from $85.00 to $135.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Robert W. Baird set a $120.00 target price on Lattice Semiconductor in a report on Thursday, February 12th. Susquehanna increased their target price on Lattice Semiconductor from $100.00 to $120.00 and gave the company a “positive” rating in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $90.00 price target on shares of Lattice Semiconductor in a report on Wednesday, February 4th. Finally, Zacks Research raised Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $102.64.
View 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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