Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) SVP Pravin Desale sold 839 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $78.09, for a total transaction of $65,517.51. Following the completion of the sale, the senior vice president directly owned 104,208 shares in the company, valued at approximately $8,137,602.72. This represents a 0.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Pravin Desale also recently made the following trade(s):
- 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 transaction of $399,160.44.
Lattice Semiconductor Price Performance
Shares of NASDAQ LSCC opened at $71.86 on Thursday. Lattice Semiconductor Corporation has a 1 year low of $34.69 and a 1 year high of $81.23. The firm has a 50-day simple moving average of $70.19 and a two-hundred day simple moving average of $62.91. The company has a market cap of $9.83 billion, a P/E ratio of 359.32, a PEG ratio of 9.91 and a beta of 1.73.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Voya Investment Management LLC boosted its position in Lattice Semiconductor by 19.8% in the first quarter. Voya Investment Management LLC now owns 870,233 shares of the semiconductor company’s stock valued at $45,644,000 after buying an additional 143,691 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Lattice Semiconductor by 242.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,454 shares of the semiconductor company’s stock valued at $76,000 after acquiring an additional 1,029 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in Lattice Semiconductor during the 2nd quarter valued at approximately $270,000. American Century Companies Inc. boosted its holdings in shares of Lattice Semiconductor by 25.1% in the 2nd quarter. American Century Companies Inc. now owns 683,624 shares of the semiconductor company’s stock valued at $33,491,000 after acquiring an additional 137,140 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of Lattice Semiconductor by 89.8% in the second quarter. Farther Finance Advisors LLC now owns 879 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 416 shares during the period. 98.08% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities analysts have recently commented on LSCC shares. KeyCorp raised their target price on shares of Lattice Semiconductor from $70.00 to $85.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. Williams Trading set a $82.00 price objective on Lattice Semiconductor in a research note on Tuesday, November 4th. Needham & Company LLC restated a “buy” rating and set a $80.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, November 4th. Rosenblatt Securities upped their target price on Lattice Semiconductor from $72.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Finally, Stifel Nicolaus increased their price target on Lattice Semiconductor from $60.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Lattice Semiconductor has an average rating of “Buy” and a consensus price target of $77.58.
Read Our Latest Stock Analysis on Lattice Semiconductor
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.
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