Lattice Semiconductor Corp (NASDAQ:LSCC) Director Mark Edwin Jensen sold 4,000 shares of the firm’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $12.56, for a total value of $50,240.00. Following the completion of the transaction, the director now directly owns 67,434 shares in the company, valued at $846,971.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of LSCC stock remained flat at $$12.23 during trading hours on Monday. The stock had a trading volume of 1,126,700 shares, compared to its average volume of 2,025,375. Lattice Semiconductor Corp has a 12-month low of $5.05 and a 12-month high of $13.17. The company has a current ratio of 4.10, a quick ratio of 3.13 and a debt-to-equity ratio of 0.97. The stock has a market cap of $1.60 billion, a PE ratio of 55.59, a P/E/G ratio of 3.12 and a beta of 1.38.
Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings data on Tuesday, February 12th. The semiconductor company reported $0.08 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.08. Lattice Semiconductor had a positive return on equity of 12.18% and a negative net margin of 6.60%. The firm had revenue of $96.00 million for the quarter, compared to analysts’ expectations of $95.10 million. The firm’s revenue was up .7% on a year-over-year basis. As a group, equities analysts forecast that Lattice Semiconductor Corp will post 0.31 earnings per share for the current year.
Several research analysts have issued reports on LSCC shares. ValuEngine raised Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, February 13th. Zacks Investment Research cut Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Wednesday, December 5th. Cowen started coverage on Lattice Semiconductor in a research report on Friday, February 22nd. They issued an “outperform” rating and a $15.00 target price on the stock. Susquehanna Bancshares raised Lattice Semiconductor from a “neutral” rating to a “positive” rating and set a $11.00 target price on the stock in a research report on Wednesday, February 13th. Finally, Jefferies Financial Group raised their target price on Lattice Semiconductor to $10.50 in a research report on Wednesday, February 13th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. Lattice Semiconductor presently has a consensus rating of “Buy” and an average price target of $10.98.
About Lattice Semiconductor
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor devices in Asia, Europe, and the Americas. The company offers programmable logic devices that consist of five product family lines, such as the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices.
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