Lattice Semiconductor Corp (NASDAQ:LSCC) Director John Bourgoin sold 8,665 shares of the company's stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $29.20, for a total transaction of $253,018.00. Following the completion of the transaction, the director now owns 160,810 shares in the company, valued at approximately $4,695,652. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
John Bourgoin also recently made the following trade(s):
- On Monday, August 31st, John Bourgoin sold 8,665 shares of Lattice Semiconductor stock. The shares were sold at an average price of $28.86, for a total transaction of $250,071.90.
NASDAQ LSCC traded up $0.05 during trading on Wednesday, reaching $29.19. The company's stock had a trading volume of 17,502 shares, compared to its average volume of 1,729,828. The company has a current ratio of 3.66, a quick ratio of 3.06 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of 85.71, a price-to-earnings-growth ratio of 7.83 and a beta of 1.11. Lattice Semiconductor Corp has a 12 month low of $13.54 and a 12 month high of $31.93. The firm has a 50 day moving average price of $29.43 and a 200 day moving average price of $24.44.
Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings data on Tuesday, July 28th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.15 by $0.02. The firm had revenue of $100.60 million during the quarter, compared to the consensus estimate of $100.02 million. Lattice Semiconductor had a net margin of 11.53% and a return on equity of 17.81%. The business's revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.15 EPS. On average, equities analysts forecast that Lattice Semiconductor Corp will post 0.35 EPS for the current fiscal year.
Several institutional investors have recently modified their holdings of the company. BlackRock Inc. lifted its holdings in shares of Lattice Semiconductor by 4.3% during the 1st quarter. BlackRock Inc. now owns 10,456,269 shares of the semiconductor company's stock worth $186,331,000 after acquiring an additional 427,442 shares during the period. Neuberger Berman Group LLC lifted its holdings in shares of Lattice Semiconductor by 45.0% during the 2nd quarter. Neuberger Berman Group LLC now owns 4,526,486 shares of the semiconductor company's stock worth $128,498,000 after acquiring an additional 1,403,717 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Lattice Semiconductor by 35.7% during the 1st quarter. Franklin Resources Inc. now owns 4,164,161 shares of the semiconductor company's stock worth $74,206,000 after acquiring an additional 1,095,783 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of Lattice Semiconductor by 51.1% during the 1st quarter. Victory Capital Management Inc. now owns 4,121,808 shares of the semiconductor company's stock worth $73,451,000 after acquiring an additional 1,393,153 shares during the period. Finally, FMR LLC lifted its holdings in shares of Lattice Semiconductor by 190,533.2% during the 2nd quarter. FMR LLC now owns 2,672,678 shares of the semiconductor company's stock worth $75,877,000 after acquiring an additional 2,671,276 shares during the period.
A number of research analysts recently commented on the stock. TheStreet upgraded shares of Lattice Semiconductor from a "c+" rating to a "b" rating in a research note on Tuesday, July 28th. Susquehanna Bancshares upped their price target on shares of Lattice Semiconductor from $32.00 to $36.00 in a research note on Wednesday, July 29th. BidaskClub lowered shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a research note on Friday, August 21st. William Blair reiterated a "buy" rating on shares of Lattice Semiconductor in a research note on Monday, June 29th. Finally, Jefferies Financial Group upped their price target on shares of Lattice Semiconductor from $23.00 to $36.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of "Buy" and a consensus target price of $32.43.
Lattice Semiconductor Company Profile
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor technologies in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of five product family lines, including the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices.
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