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Lattice Semiconductor (NASDAQ:LSCC) CEO Darin G. Billerbeck sold 100,000 shares of the company’s stock on the open market in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $8.32, for a total transaction of $832,000.00. Following the sale, the chief executive officer now directly owns 213,671 shares in the company, valued at approximately $1,777,743. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of research firms have recently commented on LSCC. Analysts at Bank of America upgraded shares of Lattice Semiconductor to a “neutral” rating in a research note on Wednesday, April 30th. Separately, analysts at Jefferies Group raised their price target on shares of Lattice Semiconductor from $7.00 to $9.50 in a research note on Friday, April 25th. They now have a “buy” rating on the stock. Finally, analysts at Zacks downgraded shares of Lattice Semiconductor from an “outperform” rating to a “neutral” rating in a research note on Wednesday, April 9th. They now have a $8.70 price target on the stock. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $8.43.

Lattice Semiconductor (NASDAQ:LSCC) traded down 3.04% during mid-day trading on Thursday, hitting $7.97. The stock had a trading volume of 1,145,184 shares. Lattice Semiconductor has a 52-week low of $4.17 and a 52-week high of $9.19. The stock has a 50-day moving average of $8.04 and a 200-day moving average of $6.66. The company has a market cap of $938.0 million and a price-to-earnings ratio of 30.44.

Lattice Semiconductor (NASDAQ:LSCC) last announced its earnings results on Thursday, April 24th. The company reported $0.10 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $0.04. The company had revenue of $96.60 million for the quarter, compared to the consensus estimate of $89.33 million. During the same quarter last year, the company posted $0.03 earnings per share. Lattice Semiconductor’s revenue was up 35.7% compared to the same quarter last year. On average, analysts predict that Lattice Semiconductor will post $0.34 earnings per share for the current fiscal year.

Lattice Semiconductor Corporation (NASDAQ:LSCC) designs, develops and markets programmable logic products and related software.

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