Insider Selling: Lattice Semiconductor Co. (NASDAQ:LSCC) SVP Sells 359 Shares of Stock

Lattice Semiconductor Co. (NASDAQ:LSCCGet Rating) SVP Glenn O’rourke sold 359 shares of Lattice Semiconductor stock in a transaction that occurred on Friday, May 20th. The shares were sold at an average price of $50.70, for a total transaction of $18,201.30. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Glenn O’rourke also recently made the following trade(s):

  • On Tuesday, May 17th, Glenn O’rourke sold 919 shares of Lattice Semiconductor stock. The stock was sold at an average price of $49.10, for a total value of $45,122.90.
  • On Wednesday, May 4th, Glenn O’rourke sold 949 shares of Lattice Semiconductor stock. The shares were sold at an average price of $50.60, for a total transaction of $48,019.40.
  • On Monday, May 2nd, Glenn O’rourke sold 929 shares of Lattice Semiconductor stock. The stock was sold at an average price of $49.63, for a total transaction of $46,106.27.
  • On Tuesday, March 15th, Glenn O’rourke sold 1,441 shares of Lattice Semiconductor stock. The shares were sold at an average price of $54.81, for a total transaction of $78,981.21.
  • On Thursday, March 10th, Glenn O’rourke sold 4,686 shares of Lattice Semiconductor stock. The stock was sold at an average price of $56.09, for a total value of $262,837.74.

Shares of NASDAQ LSCC opened at $48.82 on Tuesday. The company has a market cap of $6.72 billion, a price-to-earnings ratio of 61.03 and a beta of 1.14. The stock’s 50 day simple moving average is $52.97 and its 200 day simple moving average is $62.48. The company has a current ratio of 3.02, a quick ratio of 2.30 and a debt-to-equity ratio of 0.32. Lattice Semiconductor Co. has a 12-month low of $43.59 and a 12-month high of $85.45.

Lattice Semiconductor (NASDAQ:LSCCGet Rating) last issued its quarterly earnings data on Tuesday, May 3rd. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.04. The business had revenue of $150.50 million during the quarter, compared to the consensus estimate of $146.25 million. Lattice Semiconductor had a return on equity of 29.28% and a net margin of 20.58%. The business’s revenue was up 30.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.14 earnings per share. As a group, equities analysts forecast that Lattice Semiconductor Co. will post 1.18 earnings per share for the current fiscal year.

LSCC has been the topic of several analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $68.00 target price on shares of Lattice Semiconductor in a report on Friday, February 11th. StockNews.com cut shares of Lattice Semiconductor from a “buy” rating to a “hold” rating in a research note on Tuesday, May 17th. Zacks Investment Research upgraded Lattice Semiconductor from a “hold” rating to a “strong-buy” rating and set a $56.00 target price on the stock in a report on Saturday, May 7th. Cowen cut their price objective on shares of Lattice Semiconductor from $85.00 to $75.00 in a research report on Wednesday, May 4th. Finally, Susquehanna decreased their target price on shares of Lattice Semiconductor from $68.00 to $58.00 in a research report on Wednesday, May 4th. Five investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $69.50.

A number of large investors have recently bought and sold shares of LSCC. CWM LLC increased its position in Lattice Semiconductor by 338.6% in the 1st quarter. CWM LLC now owns 557 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 430 shares during the last quarter. Parallel Advisors LLC lifted its stake in shares of Lattice Semiconductor by 84.6% in the first quarter. Parallel Advisors LLC now owns 539 shares of the semiconductor company’s stock worth $34,000 after buying an additional 247 shares during the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Lattice Semiconductor during the 1st quarter worth $35,000. Prospera Financial Services Inc acquired a new position in Lattice Semiconductor in the 1st quarter valued at $39,000. Finally, Quadrant Capital Group LLC raised its holdings in Lattice Semiconductor by 83.6% in the 1st quarter. Quadrant Capital Group LLC now owns 685 shares of the semiconductor company’s stock worth $42,000 after acquiring an additional 312 shares during the period. 95.25% of the stock is currently owned by hedge funds and other institutional investors.

Lattice Semiconductor Company Profile (Get Rating)

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 Certus-NX and ECP, Mach, iCE40, and CrossLink. It also provides video connectivity application specific standard products.

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