Lattice Semiconductor (NASDAQ:LSCC) Director Sells $974,700.00 in Stock

Key Points

• Lattice Semiconductor Director Robin Ann Abrams sold 15,000 shares of stock valued at approximately $974,700, reducing her position by 12.24%.
• The company's stock price has risen by 0.6%, closing at $66.75, with a market capitalization of $9.14 billion.
• Lattice Semiconductor reported $0.24 earnings per share for the last quarter, matching analysts' expectations despite a slight year-over-year revenue decline.

Lattice Semiconductor Corporation (NASDAQ:LSCC - Get Free Report) Director Robin Ann Abrams sold 15,000 shares of the business's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total value of $974,700.00. Following the sale, the director owned 107,538 shares in the company, valued at $6,987,819.24. The trade was a 12.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Lattice Semiconductor Stock Up 0.6%

Shares of NASDAQ:LSCC traded up $0.37 during trading on Tuesday, hitting $66.75. The stock had a trading volume of 2,205,796 shares, compared to its average volume of 2,662,965. Lattice Semiconductor Corporation has a 12-month low of $34.69 and a 12-month high of $70.55. The stock has a market capitalization of $9.14 billion, a price-to-earnings ratio of 290.23, a price-to-earnings-growth ratio of 4.88 and a beta of 1.62. The stock has a 50-day simple moving average of $56.37 and a two-hundred day simple moving average of $53.69.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.The firm had revenue of $123.97 million during the quarter, compared to analysts' expectations of $123.60 million. During the same period last year, the business posted $0.23 earnings per share. The company's revenue for the quarter was down .1% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. As a group, sell-side analysts forecast that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on LSCC. Needham & Company LLC restated a "buy" rating and issued a $70.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Williams Trading set a $60.00 price target on Lattice Semiconductor in a research note on Tuesday, May 6th. Raymond James Financial restated an "outperform" rating and issued a $64.00 target price (down previously from $66.00) on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. Rosenblatt Securities reaffirmed a "buy" rating and set a $72.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. Finally, Loop Capital dropped their price objective on shares of Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating for the company in a research note on Tuesday, August 5th. Eleven investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Lattice Semiconductor has a consensus rating of "Buy" and an average target price of $63.58.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Allworth Financial LP increased its stake in Lattice Semiconductor by 65.7% during the first quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 222 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in Lattice Semiconductor by 209.2% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 606 shares of the semiconductor company's stock worth $32,000 after purchasing an additional 410 shares during the period. Summit Securities Group LLC purchased a new stake in Lattice Semiconductor during the first quarter worth about $32,000. Picton Mahoney Asset Management purchased a new stake in Lattice Semiconductor during the first quarter worth about $36,000. Finally, Farther Finance Advisors LLC increased its stake in Lattice Semiconductor by 89.8% during the second quarter. Farther Finance Advisors LLC now owns 879 shares of the semiconductor company's stock worth $43,000 after purchasing an additional 416 shares during the period. Hedge funds and other institutional investors own 98.08% of the company's stock.

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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