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

Lattice Semiconductor Co. (NASDAQ:LSCCGet Rating) SVP Glenn O’rourke sold 4,790 shares of the firm’s stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of $51.91, for a total transaction of $248,648.90. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

  • On Tuesday, August 23rd, Glenn O’rourke sold 360 shares of Lattice Semiconductor stock. The stock was sold at an average price of $59.04, for a total transaction of $21,254.40.
  • On Wednesday, August 3rd, Glenn O’rourke sold 949 shares of Lattice Semiconductor stock. The stock was sold at an average price of $63.11, for a total value of $59,891.39.

Lattice Semiconductor Trading Up 1.8 %

NASDAQ:LSCC opened at $51.69 on Friday. The stock has a fifty day simple moving average of $57.22 and a 200 day simple moving average of $53.70. The company has a quick ratio of 2.23, a current ratio of 2.96 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $7.10 billion, a price-to-earnings ratio of 53.29 and a beta of 1.23. Lattice Semiconductor Co. has a 1-year low of $43.41 and a 1-year high of $85.45.

Lattice Semiconductor (NASDAQ:LSCCGet Rating) last released its earnings results on Monday, August 1st. The semiconductor company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. Lattice Semiconductor had a net margin of 23.20% and a return on equity of 34.11%. The business had revenue of $161.37 million for the quarter, compared to the consensus estimate of $157.98 million. During the same period last year, the firm posted $0.15 earnings per share. The firm’s quarterly revenue was up 28.2% compared to the same quarter last year. Sell-side analysts forecast that Lattice Semiconductor Co. will post 1.31 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. grew its stake in Lattice Semiconductor by 2.8% during the 4th quarter. BlackRock Inc. now owns 21,633,746 shares of the semiconductor company’s stock valued at $1,667,096,000 after acquiring an additional 587,681 shares in the last quarter. Vanguard Group Inc. grew its position in Lattice Semiconductor by 0.5% during the first quarter. Vanguard Group Inc. now owns 13,532,184 shares of the semiconductor company’s stock valued at $824,787,000 after purchasing an additional 71,477 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Lattice Semiconductor by 33.9% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 11,909,504 shares of the semiconductor company’s stock valued at $577,611,000 after buying an additional 3,013,254 shares during the period. Artisan Partners Limited Partnership boosted its stake in shares of Lattice Semiconductor by 1.1% during the 2nd quarter. Artisan Partners Limited Partnership now owns 9,697,601 shares of the semiconductor company’s stock valued at $470,334,000 after buying an additional 108,996 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of Lattice Semiconductor by 7.2% during the 1st quarter. Invesco Ltd. now owns 7,011,859 shares of the semiconductor company’s stock valued at $427,372,000 after acquiring an additional 469,969 shares in the last quarter. Hedge funds and other institutional investors own 95.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on LSCC shares. Susquehanna boosted their price objective on shares of Lattice Semiconductor from $65.00 to $72.00 and gave the stock a “positive” rating in a report on Tuesday, August 2nd. Cowen upped their price target on Lattice Semiconductor from $70.00 to $78.00 in a research report on Tuesday, August 2nd. StockNews.com raised Lattice Semiconductor from a “hold” rating to a “buy” rating in a report on Tuesday, August 30th. Cowen boosted their price target on shares of Lattice Semiconductor from $70.00 to $78.00 in a report on Tuesday, August 2nd. Finally, Susquehanna Bancshares increased their price objective on shares of Lattice Semiconductor from $65.00 to $72.00 and gave the stock a “positive” rating in a report on Tuesday, August 2nd. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, Lattice Semiconductor has a consensus rating of “Moderate Buy” and an average target price of $73.22.

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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Insider Buying and Selling by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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