Lattice Semiconductor Corp (NASDAQ:LSCC) Director Robin Ann Abrams sold 9,091 shares of the firm’s stock in a transaction dated Tuesday, May 16th. The shares were sold at an average price of $7.00, for a total value of $63,637.00. Following the transaction, the director now owns 82,035 shares in the company, valued at $574,245. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Lattice Semiconductor Corp (NASDAQ:LSCC) traded down 1.42% during trading on Wednesday, reaching $6.93. The company’s stock had a trading volume of 1,011,390 shares. The company’s 50 day moving average price is $6.86 and its 200 day moving average price is $7.07. The company’s market cap is $844.07 million. Lattice Semiconductor Corp has a 52 week low of $4.89 and a 52 week high of $7.99.

Lattice Semiconductor Corp (NASDAQ:LSCC) last issued its quarterly earnings results on Tuesday, May 9th. The semiconductor company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.07 by $0.04. Lattice Semiconductor Corp had a negative return on equity of 5.57% and a negative net margin of 22.28%. The business had revenue of $104.59 million for the quarter, compared to the consensus estimate of $106.30 million. During the same period last year, the firm earned ($0.01) earnings per share. On average, equities analysts anticipate that Lattice Semiconductor Corp will post $0.32 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Robin Ann Abrams Sells 9,091 Shares of Lattice Semiconductor Corp (LSCC) Stock” was reported by American Banking News and is the property of of American Banking News. If you are reading this report on another publication, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/05/17/robin-ann-abrams-sells-9091-shares-of-lattice-semiconductor-corp-lscc-stock.html.

Large investors have recently modified their holdings of the company. First Interstate Bank boosted its stake in shares of Lattice Semiconductor Corp by 1.7% in the first quarter. First Interstate Bank now owns 30,453 shares of the semiconductor company’s stock valued at $211,000 after buying an additional 500 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Lattice Semiconductor Corp by 2.3% in the first quarter. Principal Financial Group Inc. now owns 22,916 shares of the semiconductor company’s stock valued at $159,000 after buying an additional 510 shares during the period. Pinnacle Associates Ltd. boosted its stake in shares of Lattice Semiconductor Corp by 0.8% in the fourth quarter. Pinnacle Associates Ltd. now owns 85,850 shares of the semiconductor company’s stock valued at $632,000 after buying an additional 700 shares during the period. OppenheimerFunds Inc. boosted its stake in shares of Lattice Semiconductor Corp by 1.9% in the first quarter. OppenheimerFunds Inc. now owns 120,676 shares of the semiconductor company’s stock valued at $835,000 after buying an additional 2,295 shares during the period. Finally, Metropolitan Life Insurance Co. NY boosted its stake in shares of Lattice Semiconductor Corp by 4.2% in the first quarter. Metropolitan Life Insurance Co. NY now owns 81,810 shares of the semiconductor company’s stock valued at $566,000 after buying an additional 3,323 shares during the period. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have weighed in on LSCC shares. Zacks Investment Research upgraded Lattice Semiconductor Corp from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 19th. Jefferies Group LLC restated a “hold” rating and set a $8.30 target price on shares of Lattice Semiconductor Corp in a report on Thursday, April 27th.

Lattice Semiconductor Corp Company Profile

Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.

5 Day Chart for NASDAQ:LSCC

Receive News & Ratings for Lattice Semiconductor Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor Corp and related companies with MarketBeat.com's FREE daily email newsletter.