Lattice Semiconductor Co. (NASDAQ:LSCC) Director John Bourgoin Sells 722 Shares of Stock

Lattice Semiconductor Co. (NASDAQ:LSCC) Director John Bourgoin sold 722 shares of the company’s stock in a transaction dated Tuesday, December 29th. The stock was sold at an average price of $45.12, for a total value of $32,576.64. Following the completion of the sale, the director now owns 161,314 shares of the company’s stock, valued at approximately $7,278,487.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

John Bourgoin also recently made the following trade(s):

  • On Monday, December 14th, John Bourgoin sold 722 shares of Lattice Semiconductor stock. The stock was sold at an average price of $43.14, for a total value of $31,147.08.
  • On Monday, November 30th, John Bourgoin sold 722 shares of Lattice Semiconductor stock. The stock was sold at an average price of $41.35, for a total value of $29,854.70.
  • On Monday, November 16th, John Bourgoin sold 722 shares of Lattice Semiconductor stock. The stock was sold at an average price of $40.05, for a total value of $28,916.10.

LSCC opened at $45.82 on Friday. Lattice Semiconductor Co. has a 52-week low of $13.54 and a 52-week high of $46.37. The company has a quick ratio of 3.18, a current ratio of 3.86 and a debt-to-equity ratio of 0.43. The company has a market cap of $6.24 billion, a P/E ratio of 138.85, a price-to-earnings-growth ratio of 11.10 and a beta of 1.03. The firm’s 50-day moving average price is $42.20 and its 200-day moving average price is $33.32.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings data on Tuesday, October 27th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.11. Lattice Semiconductor had a net margin of 11.31% and a return on equity of 16.60%. The firm had revenue of $103.04 million for the quarter, compared to the consensus estimate of $101.03 million. On average, research analysts anticipate that Lattice Semiconductor Co. will post 0.38 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. US Bancorp DE boosted its holdings in Lattice Semiconductor by 471.0% in the third quarter. US Bancorp DE now owns 1,062 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 876 shares during the last quarter. Altshuler Shaham Ltd boosted its holdings in Lattice Semiconductor by 133.8% in the third quarter. Altshuler Shaham Ltd now owns 1,073 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 614 shares during the last quarter. Point72 Hong Kong Ltd boosted its holdings in Lattice Semiconductor by 176.5% in the second quarter. Point72 Hong Kong Ltd now owns 1,175 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 750 shares during the last quarter. Captrust Financial Advisors purchased a new stake in Lattice Semiconductor in the second quarter valued at $36,000. Finally, Manchester Capital Management LLC purchased a new stake in Lattice Semiconductor in the third quarter valued at $37,000. Institutional investors own 92.98% of the company’s stock.

LSCC has been the subject of a number of research reports. BidaskClub raised Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a research note on Friday, November 6th. Zacks Investment Research cut shares of Lattice Semiconductor from a “buy” rating to a “hold” rating in a report on Saturday, October 31st. Rosenblatt Securities upped their price target on shares of Lattice Semiconductor from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday, December 16th. Finally, Cowen upped their price target on shares of Lattice Semiconductor from $36.00 to $39.00 and gave the stock an “outperform” rating in a report on Wednesday, October 28th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $36.86.

About Lattice Semiconductor

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, and CrossLink, as well as power and thermal management products; and development kits and boards.

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