Lattice Semiconductor Corporation (NASDAQ:LSCC - Get Free Report) SVP Pravin Desale sold 685 shares of the business's stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $95.44, for a total transaction of $65,376.40. Following the transaction, the senior vice president directly owned 82,668 shares of the company's stock, valued at $7,889,833.92. The trade was a 0.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Pravin Desale also recently made the following trade(s):
- On Friday, December 12th, Pravin Desale sold 839 shares of Lattice Semiconductor stock. The stock was sold at an average price of $78.09, for a total transaction of $65,517.51.
- On Friday, November 28th, Pravin Desale sold 5,708 shares of Lattice Semiconductor stock. The stock was sold at an average price of $69.93, for a total value of $399,160.44.
Lattice Semiconductor Stock Performance
Lattice Semiconductor stock opened at $97.23 on Thursday. Lattice Semiconductor Corporation has a one year low of $34.69 and a one year high of $108.08. The stock has a fifty day moving average of $82.97 and a 200 day moving average of $73.25. The stock has a market cap of $13.30 billion, a PE ratio of 4,863.93, a price-to-earnings-growth ratio of 3.57 and a beta of 1.70.
Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.32. Lattice Semiconductor had a return on equity of 5.60% and a net margin of 0.59%.The business had revenue of $145.79 million during the quarter, compared to the consensus estimate of $143.18 million. During the same period in the previous year, the company posted $0.15 EPS. The business's quarterly revenue was up 24.2% compared to the same quarter last year. Lattice Semiconductor has set its Q1 2026 guidance at 0.340-0.380 EPS. As a group, sell-side analysts predict that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.
Hedge Funds Weigh In On Lattice Semiconductor
A number of hedge funds and other institutional investors have recently modified their holdings of LSCC. iSAM Funds UK Ltd purchased a new stake in Lattice Semiconductor in the 3rd quarter worth $25,000. V Square Quantitative Management LLC bought a new stake in shares of Lattice Semiconductor in the fourth quarter worth about $27,000. Smartleaf Asset Management LLC lifted its position in shares of Lattice Semiconductor by 462.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company's stock worth $29,000 after buying an additional 324 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of Lattice Semiconductor during the 3rd quarter valued at approximately $31,000. Finally, Caitlin John LLC purchased a new position in shares of Lattice Semiconductor in the 3rd quarter worth $34,000. Institutional investors own 98.08% of the company's stock.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on LSCC shares. Weiss Ratings lowered Lattice Semiconductor from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday. Susquehanna raised their price objective on Lattice Semiconductor from $100.00 to $120.00 and gave the stock a "positive" rating in a research note on Wednesday, February 11th. Jefferies Financial Group lifted their price objective on Lattice Semiconductor from $85.00 to $135.00 and gave the company a "buy" rating in a research report on Wednesday, February 11th. Zacks Research raised shares of Lattice Semiconductor from a "hold" rating to a "strong-buy" rating in a report on Thursday, February 12th. Finally, Stifel Nicolaus lifted their price target on shares of Lattice Semiconductor from $80.00 to $110.00 and gave the company a "buy" rating in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $102.64.
Check Out Our Latest Research Report on LSCC
About Lattice Semiconductor
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
