Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) SVP Tracy Ann Feanny sold 2,740 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $151.84, for a total value of $416,041.60. Following the completion of the transaction, the senior vice president directly owned 63,084 shares in the company, valued at $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 shares were sold at an average price of $90.63, for a total value of $125,160.03.
Lattice Semiconductor Price Performance
Shares of Lattice Semiconductor stock opened at $135.57 on Monday. The stock’s fifty day moving average is $120.87 and its two-hundred day moving average is $96.79. The company has a market capitalization of $18.57 billion, a PE ratio of 968.43, a price-to-earnings-growth ratio of 3.37 and a beta of 1.79. Lattice Semiconductor Corporation has a 52 week low of $46.43 and a 52 week high of $155.82.
Institutional Investors Weigh In On Lattice Semiconductor
A number of institutional investors have recently added to or reduced their stakes in LSCC. Invesco Ltd. boosted its position in Lattice Semiconductor by 177.3% during the third quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock valued at $445,538,000 after purchasing an additional 3,885,482 shares in the last quarter. Capital Research Global Investors boosted its position in Lattice Semiconductor by 66.4% during the third quarter. Capital Research Global Investors now owns 4,597,217 shares of the semiconductor company’s stock valued at $337,068,000 after purchasing an additional 1,834,440 shares in the last quarter. William Blair Investment Management LLC bought a new stake in Lattice Semiconductor during the third quarter valued at about $102,185,000. Bank of America Corp DE boosted its position in Lattice Semiconductor by 77.4% during the second quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock valued at $156,083,000 after purchasing an additional 1,390,109 shares in the last quarter. Finally, M&T Bank Corp bought a new stake in Lattice Semiconductor during the fourth quarter valued at about $85,714,000. Institutional investors own 98.08% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on LSCC shares. Royal Bank Of Canada raised their price target on Lattice Semiconductor from $118.00 to $140.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Zacks Research upgraded Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Stifel Nicolaus raised their price target on Lattice Semiconductor from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Weiss Ratings upgraded Lattice Semiconductor from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, April 21st. Finally, Needham & Company LLC raised their price target on Lattice Semiconductor from $110.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Lattice Semiconductor has an average rating of “Buy” and an average target price of $130.86.
View Our Latest Stock 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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