Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) SVP Tracy Ann Feanny sold 1,880 shares of Lattice Semiconductor stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total value of $237,688.40. Following the transaction, the senior vice president owned 60,221 shares of the company’s stock, valued at $7,613,741.03. The trade was a 3.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 Thursday, June 4th, Tracy Ann Feanny sold 2,740 shares of Lattice Semiconductor stock. The shares were sold at an average price of $151.84, for a total value of $416,041.60.
Lattice Semiconductor Stock Performance
LSCC opened at $117.69 on Friday. Lattice Semiconductor Corporation has a 12-month low of $60.50 and a 12-month high of $157.01. The stock has a market cap of $16.12 billion, a price-to-earnings ratio of 452.65, a PEG ratio of 1.78 and a beta of 1.81. The business has a 50 day moving average of $133.69 and a 200-day moving average of $118.59. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04.
Analyst Ratings Changes
Several analysts recently commented on the stock. Rosenblatt Securities reaffirmed a “buy” rating and set a $175.00 target price on shares of Lattice Semiconductor in a report on Tuesday, August 4th. Wall Street Zen upgraded shares of Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Zacks Research raised Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. TD Cowen upped their target price on Lattice Semiconductor from $145.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Finally, Royal Bank Of Canada lifted their price target on Lattice Semiconductor from $140.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lattice Semiconductor has an average rating of “Buy” and a consensus target price of $144.38.
View Our Latest Research Report on LSCC
Institutional Investors Weigh In On Lattice Semiconductor
Several institutional investors have recently made changes to their positions in LSCC. BlackRock Inc. bought a new position in Lattice Semiconductor during the 2nd quarter worth $2,637,161,000. Invesco Ltd. lifted its position in shares of Lattice Semiconductor by 177.3% during the 3rd quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock valued at $445,538,000 after acquiring an additional 3,885,482 shares during the period. Bank of America Corp DE grew its holdings in shares of Lattice Semiconductor by 77.4% during the 2nd quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock worth $156,083,000 after purchasing an additional 1,390,109 shares in the last quarter. M&T Bank Corp acquired a new stake in shares of Lattice Semiconductor during the 4th quarter worth $85,714,000. Finally, William Blair Investment Management LLC bought a new position in shares of Lattice Semiconductor in the second quarter worth $177,497,000. 98.08% of the stock is currently owned by institutional investors.
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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