Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) SVP Tracy Ann Feanny sold 2,740 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $151.84, for a total transaction of $416,041.60. Following the transaction, the senior vice president owned 63,084 shares in the company, valued at approximately $9,578,674.56. This trade represents a 4.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Tracy Ann Feanny also recently made the following trade(s):
- On Monday, March 9th, Tracy Ann Feanny sold 1,381 shares of Lattice Semiconductor stock. The stock was sold at an average price of $90.63, for a total transaction of $125,160.03.
Lattice Semiconductor Stock Down 7.4%
Shares of LSCC traded down $11.30 during mid-day trading on Friday, hitting $140.62. 277,413 shares of the company’s stock were exchanged, compared to its average volume of 2,057,316. The firm has a fifty day moving average of $120.18 and a two-hundred day moving average of $96.27. Lattice Semiconductor Corporation has a twelve month low of $46.43 and a twelve month high of $155.82. The stock has a market cap of $19.27 billion, a price-to-earnings ratio of 1,002.00, a P/E/G ratio of 3.84 and a beta of 1.79.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of LSCC. iSAM Funds UK Ltd bought a new stake in Lattice Semiconductor in the 3rd quarter valued at $25,000. V Square Quantitative Management LLC bought a new stake in Lattice Semiconductor in the 4th quarter valued at $27,000. Smartleaf Asset Management LLC boosted its holdings in 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 purchasing an additional 324 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in Lattice Semiconductor in the 3rd quarter valued at $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.
Analysts Set New Price Targets
LSCC has been the topic of a number of research analyst reports. Needham & Company LLC raised their target price on shares of Lattice Semiconductor from $110.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. KeyCorp raised their target price on shares of Lattice Semiconductor from $125.00 to $165.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Lattice Semiconductor from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Robert W. Baird raised their target price on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Finally, Zacks Research upgraded shares of Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Lattice Semiconductor currently has a consensus rating of “Buy” and an average target price of $130.86.
Get Our Latest Research 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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