Lattice Semiconductor Co. (NASDAQ:LSCC) Director Robin Ann Abrams Sells 10,000 Shares

Lattice Semiconductor Co. (NASDAQ:LSCC - Get Free Report) Director Robin Ann Abrams sold 10,000 shares of Lattice Semiconductor stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the sale, the director now owns 122,538 shares of the company's stock, valued at approximately $7,838,755.86. This represents a 7.55 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Lattice Semiconductor Trading Up 1.1 %

Shares of LSCC stock traded up $0.64 during trading hours on Tuesday, hitting $60.96. 3,234,912 shares of the company were exchanged, compared to its average volume of 2,458,631. The company has a market capitalization of $8.40 billion, a PE ratio of 138.55, a PEG ratio of 3.03 and a beta of 1.41. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $85.69. The business has a 50 day moving average of $59.02 and a two-hundred day moving average of $54.69.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. On average, research analysts forecast that Lattice Semiconductor Co. will post 0.65 EPS for the current year.

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Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Benchmark raised their price target on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. Robert W. Baird raised their target price on Lattice Semiconductor from $44.00 to $68.00 and gave the stock an "outperform" rating in a report on Wednesday, December 11th. TD Cowen decreased their target price on Lattice Semiconductor from $60.00 to $50.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Raymond James cut their price target on shares of Lattice Semiconductor from $55.00 to $52.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 5th. Finally, Rosenblatt Securities restated a "buy" rating and set a $85.00 price objective on shares of Lattice Semiconductor in a report on Monday, February 10th. Two research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $66.25.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. UMB Bank n.a. lifted its position in Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock worth $37,000 after buying an additional 266 shares in the last quarter. Arcadia Investment Management Corp MI bought a new stake in Lattice Semiconductor during the fourth quarter worth about $38,000. Skandinaviska Enskilda Banken AB publ boosted its position in Lattice Semiconductor by 102.7% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company's stock valued at $38,000 after purchasing an additional 340 shares during the last quarter. Jones Financial Companies Lllp grew its stake in Lattice Semiconductor by 88.1% in the fourth quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock valued at $45,000 after purchasing an additional 370 shares in the last quarter. Finally, Johnson Financial Group Inc. acquired a new position in shares of Lattice Semiconductor during the 4th quarter worth approximately $52,000. Institutional investors and hedge funds 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.