Lattice Semiconductor Co. (NASDAQ:LSCC) SVP Mark Jon Nelson Sells 1,850 Shares

Lattice Semiconductor Co. (NASDAQ:LSCC) SVP Mark Jon Nelson sold 1,850 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $57.28, for a total value of $105,968.00. Following the transaction, the senior vice president now directly owns 83,289 shares of the company’s stock, valued at $4,770,793.92. This trade represents a 2.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Mark Jon Nelson also recently made the following trade(s):

• On Friday, December 6th, Mark Jon Nelson sold 1,850 shares of Lattice Semiconductor stock. The shares were sold at an average price of $57.92, for a total transaction of $107,152.00.

Lattice Semiconductor Price Performance

Shares of LSCC stock traded down $1.77 during trading hours on Tuesday, reaching $55.50. 1,756,948 shares of the company were exchanged, compared to its average volume of 1,703,761. The company has a market cap of $7.66 billion, a price-to-earnings ratio of 53.88 and a beta of 1.41. Lattice Semiconductor Co. has a fifty-two week low of $40.65 and a fifty-two week high of $85.69. The stock’s fifty day moving average is $56.27 and its two-hundred day moving average is $53.43.

Lattice Semiconductor (NASDAQ:LSCC) last announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.24 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.24. Lattice Semiconductor had a net margin of 25.48% and a return on equity of 16.84%. The business had revenue of $127.09 million for the quarter, compared to the consensus estimate of $127.05 million. During the same period last year, the company posted $0.41 EPS. Lattice Semiconductor’s revenue for the quarter was down 33.9% on a year-over-year basis. On average, research analysts anticipate that Lattice Semiconductor Co. will post 0.54 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Tidal Investments LLC boosted its position in Lattice Semiconductor by 2.0% during the third quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company’s stock valued at $592,000 after purchasing an additional 224 shares during the last quarter. HighTower Advisors LLC increased its stake in shares of Lattice Semiconductor by 7.3% during the 3rd quarter. HighTower Advisors LLC now owns 5,141 shares of the semiconductor company’s stock worth $267,000 after purchasing an additional 348 shares during the last quarter. Financial Advocates Investment Management raised its holdings in shares of Lattice Semiconductor by 7.4% in the 3rd quarter. Financial Advocates Investment Management now owns 5,706 shares of the semiconductor company’s stock valued at $303,000 after purchasing an additional 394 shares during the period. Toronto Dominion Bank grew its holdings in Lattice Semiconductor by 3.0% during the second quarter. Toronto Dominion Bank now owns 14,372 shares of the semiconductor company’s stock worth $833,000 after purchasing an additional 422 shares during the period. Finally, Entropy Technologies LP increased its position in Lattice Semiconductor by 5.6% during the third quarter. Entropy Technologies LP now owns 8,202 shares of the semiconductor company’s stock worth $435,000 after buying an additional 434 shares during the last quarter. Institutional investors own 98.08% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on LSCC shares. Deutsche Bank Aktiengesellschaft cut their target price on Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Robert W. Baird upped their price target on Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Stifel Nicolaus boosted their target price on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Rosenblatt Securities reissued a “buy” rating and set a $85.00 target price on shares of Lattice Semiconductor in a research report on Wednesday, December 11th. Finally, Needham & Company LLC upped their target price on shares of Lattice Semiconductor from $56.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Two analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Lattice Semiconductor presently has an average rating of “Moderate Buy” and a consensus price target of $62.00.

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.