Lattice Semiconductor Co. (NASDAQ:LSCC) SVP Sells $105,968.00 in Stock

Lattice Semiconductor Co. (NASDAQ:LSCC) SVP Mark Jon Nelson sold 1,850 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $57.28, for a total transaction of $105,968.00. Following the sale, the senior vice president now directly owns 83,289 shares of the company’s stock, valued at approximately $4,770,793.92. This trade represents a 2.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Mark Jon Nelson also recently made the following trade(s):

• On Friday, December 6th, Mark Jon Nelson sold 1,850 shares of Lattice Semiconductor stock. The stock was sold at an average price of $57.92, for a total value of $107,152.00.

Lattice Semiconductor Stock Up 0.6 %

LSCC stock opened at $55.82 on Friday. The firm has a 50 day moving average of $56.44 and a 200 day moving average of $53.44. The stock has a market capitalization of $7.70 billion, a PE ratio of 54.19 and a beta of 1.41. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $85.69.

Lattice Semiconductor (NASDAQ:LSCC) last announced its earnings results on Monday, November 4th. The semiconductor company reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. The business had revenue of $127.09 million during the quarter, compared to the consensus estimate of $127.05 million. During the same period in the prior year, the company posted $0.41 EPS. The business’s quarterly revenue was down 33.9% on a year-over-year basis. On average, equities research analysts expect that Lattice Semiconductor Co. will post 0.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

LSCC has been the topic of a number of recent analyst reports. Robert W. Baird lifted their target price on Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Needham & Company LLC increased their price objective on shares of Lattice Semiconductor from $56.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Stifel Nicolaus boosted their price objective on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. KeyCorp decreased their price target on Lattice Semiconductor from $60.00 to $54.00 and set an “overweight” rating for the company in a research report on Tuesday, November 5th. Finally, StockNews.com raised Lattice Semiconductor from a “sell” rating to a “hold” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $62.00.

Institutional Trading of Lattice Semiconductor

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. American National Bank & Trust boosted its holdings in Lattice Semiconductor by 5,064.3% in the third quarter. American National Bank & Trust now owns 723 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 709 shares during the period. Hollencrest Capital Management acquired a new stake in Lattice Semiconductor during the third quarter worth approximately $53,000. Brooklyn Investment Group acquired a new position in Lattice Semiconductor in the third quarter valued at $89,000. GAMMA Investing LLC lifted its stake in Lattice Semiconductor by 257.8% in the third quarter. GAMMA Investing LLC now owns 2,129 shares of the semiconductor company’s stock valued at $113,000 after buying an additional 1,534 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new stake in Lattice Semiconductor during the 2nd quarter worth $146,000. Hedge funds and other institutional investors 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.