Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) CAO Tonya Stevens sold 2,593 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $66.75, for a total value of $173,082.75. Following the sale, the chief accounting officer directly owned 74,505 shares of the company’s stock, valued at $4,973,208.75. This represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Tonya Stevens also recently made the following trade(s):
- On Monday, September 22nd, Tonya Stevens sold 3,440 shares of Lattice Semiconductor stock. The shares were sold at an average price of $74.93, for a total value of $257,759.20.
Lattice Semiconductor Trading Down 0.8%
Shares of Lattice Semiconductor stock opened at $65.56 on Thursday. The company has a market capitalization of $8.97 billion, a P/E ratio of 285.06, a price-to-earnings-growth ratio of 5.63 and a beta of 1.74. The stock has a fifty day simple moving average of $69.66 and a 200 day simple moving average of $59.13. Lattice Semiconductor Corporation has a 12-month low of $34.69 and a 12-month high of $76.61.
Analysts Set New Price Targets
A number of research analysts have issued reports on the company. Williams Trading set a $82.00 price objective on Lattice Semiconductor in a research note on Tuesday, November 4th. Loop Capital cut their price target on shares of Lattice Semiconductor from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Tuesday, August 5th. Jefferies Financial Group upgraded shares of Lattice Semiconductor to a “strong-buy” rating in a report on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft set a $80.00 target price on shares of Lattice Semiconductor and gave the company a “buy” rating in a research note on Tuesday, October 28th. Finally, TD Cowen decreased their price target on shares of Lattice Semiconductor from $62.00 to $57.00 and set a “buy” rating for the company in a research note on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $77.58.
Get Our Latest Stock Report on LSCC
Institutional Investors Weigh In On Lattice Semiconductor
A number of institutional investors and hedge funds have recently made changes to their positions in LSCC. Voya Investment Management LLC increased its position in shares of Lattice Semiconductor by 19.8% during the 1st quarter. Voya Investment Management LLC now owns 870,233 shares of the semiconductor company’s stock valued at $45,644,000 after purchasing an additional 143,691 shares during the last quarter. Allworth Financial LP increased its holdings in Lattice Semiconductor by 65.7% during the first quarter. Allworth Financial LP now owns 560 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 222 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Lattice Semiconductor by 242.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,454 shares of the semiconductor company’s stock worth $76,000 after acquiring an additional 1,029 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Lattice Semiconductor during the 2nd quarter worth $270,000. Finally, Victory Capital Management Inc. grew its position in shares of Lattice Semiconductor by 54.0% during the 1st quarter. Victory Capital Management Inc. now owns 39,748 shares of the semiconductor company’s stock valued at $2,085,000 after acquiring an additional 13,939 shares during the period. Hedge funds and other institutional investors 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.
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