Lattice Semiconductor Co. (NASDAQ:LSCC) SVP Glenn O’rourke Sells 4,790 Shares of Stock

Lattice Semiconductor Co. (NASDAQ:LSCCGet Rating) SVP Glenn O’rourke sold 4,790 shares of the firm’s stock in a transaction dated Tuesday, June 14th. The shares were sold at an average price of $45.89, for a total value of $219,813.10. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

  • On Friday, May 20th, Glenn O’rourke sold 359 shares of Lattice Semiconductor stock. The stock was sold at an average price of $50.70, for a total value of $18,201.30.
  • 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 value 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.

Shares of NASDAQ:LSCC opened at $47.76 on Wednesday. The firm has a market capitalization of $6.57 billion, a PE ratio of 59.70 and a beta of 1.13. The business has a 50 day simple moving average of $49.62 and a two-hundred day simple moving average of $59.16. Lattice Semiconductor Co. has a 1 year low of $43.59 and a 1 year high of $85.45. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.02 and a quick ratio of 2.30.

Lattice Semiconductor (NASDAQ:LSCCGet Rating) last issued its quarterly earnings results on Tuesday, May 3rd. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. Lattice Semiconductor had a return on equity of 29.28% and a net margin of 20.58%. The firm had revenue of $150.50 million during the quarter, compared to analyst estimates of $146.25 million. During the same period last year, the company earned $0.14 EPS. Lattice Semiconductor’s quarterly revenue was up 30.1% compared to the same quarter last year. Equities research analysts expect that Lattice Semiconductor Co. will post 1.18 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC boosted its holdings 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 valued at $34,000 after purchasing an additional 247 shares during the period. CWM LLC raised its position in Lattice Semiconductor by 338.6% during the 1st quarter. CWM LLC now owns 557 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 430 shares in the last quarter. Covestor Ltd purchased a new stake in shares of Lattice Semiconductor in the 4th quarter worth $44,000. Meeder Asset Management Inc. bought a new position in shares of Lattice Semiconductor during the 1st quarter worth $35,000. Finally, Prospera Financial Services Inc purchased a new position in shares of Lattice Semiconductor during the first quarter valued at $39,000. Hedge funds and other institutional investors own 95.25% of the company’s stock.

A number of equities analysts have commented on LSCC shares. Craig Hallum dropped their price objective on shares of Lattice Semiconductor from $60.00 to $55.00 in a research note on Thursday, May 5th. Susquehanna Bancshares upgraded Lattice Semiconductor from a “neutral” rating to a “positive” rating and set a $65.00 price target for the company in a research report on Tuesday, May 24th. StockNews.com downgraded Lattice Semiconductor from a “buy” rating to a “hold” rating in a research report on Wednesday. Susquehanna upgraded Lattice Semiconductor from a “neutral” rating to a “positive” rating and set a $65.00 target price for the company in a report on Tuesday, May 24th. Finally, Cowen decreased their price target on Lattice Semiconductor from $85.00 to $75.00 in a report on Wednesday, May 4th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $72.00.

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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