Lattice Semiconductor Co. (NASDAQ:LSCC) SVP Tracy Ann Feanny Sells 5,807 Shares of Stock

Lattice Semiconductor Co. (NASDAQ:LSCC) SVP Tracy Ann Feanny sold 5,807 shares of the stock in a transaction dated Saturday, February 24th. The shares were sold at an average price of $66.30, for a total value of $385,004.10. Following the completion of the transaction, the senior vice president now owns 75,792 shares of the company’s stock, valued at $5,025,009.60. This represents a 7.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Lattice Semiconductor Trading Down 1.5 %

LSCC stock opened at $64.38 on Thursday. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $85.69. The stock has a 50-day moving average price of $58.77 and a 200-day moving average price of $54.29. The firm has a market cap of $8.87 billion, a PE ratio of 146.32, a price-to-earnings-growth ratio of 3.03 and a beta of 1.41.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on LSCC shares. Rosenblatt Securities reiterated a “buy” rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a report on Monday, February 10th. Benchmark raised their price target on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Needham & Company LLC reissued a “buy” rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. KeyCorp raised their target price on Lattice Semiconductor from $70.00 to $75.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 11th. Finally, Robert W. Baird upped their price target on Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. One analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $66.25.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Polar Asset Management Partners Inc. acquired a new stake in Lattice Semiconductor in the fourth quarter worth $5,353,000. American Trust bought a new position in shares of Lattice Semiconductor during the 4th quarter worth about $222,000. GTS Securities LLC grew its stake in shares of Lattice Semiconductor by 363.5% in the 4th quarter. GTS Securities LLC now owns 19,589 shares of the semiconductor company’s stock valued at $1,110,000 after buying an additional 15,363 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Lattice Semiconductor by 37.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,565,987 shares of the semiconductor company’s stock valued at $88,713,000 after buying an additional 425,199 shares in the last quarter. Finally, Vident Advisory LLC raised its stake in Lattice Semiconductor by 8.8% during the 4th quarter. Vident Advisory LLC now owns 71,536 shares of the semiconductor company’s stock worth $4,053,000 after buying an additional 5,798 shares during the period. Institutional investors and hedge funds own 98.08% of the company’s stock.

About Lattice Semiconductor

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.