Lattice Semiconductor Corp. (NASDAQ: LSCC) is 15.42% higher on its value in year-to-date trading and has touched a low of $51.96 and a high of $98.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LSCC stock was last observed hovering at around $77.67 in the last trading session, with the day’s gains setting it 1.96%.
Currently trading at $79.63, the stock is 1.69% and 10.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing 2.52% at the moment leaves the stock 3.33% off its SMA200. LSCC registered -11.95% loss for a year compared to 6-month loss of -3.67%. The firm has a 50-day simple moving average (SMA 50) of $14.70 and a 200-day simple moving average (SMA200) of $42.44.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 7.30% gain in the last 1 month and extending the period to 3 months gives it a 11.95%, and is 2.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.83% over the week and 3.45% over the month.
Lattice Semiconductor Corp. (LSCC) has around 1156 employees, a market worth around $10.95B and $737.15M in sales. Current P/E ratio is 42.91 and Fwd P/E is 44.52. Profit margin for the company is 35.14%. Distance from 52-week low is 53.27% and -18.99% from its 52-week high. The company has generated returns on investments over the last 12 months (36.86%).
Lattice Semiconductor Corp. quarterly earnings per share for the current quarter are estimated at $0.28 with sales reaching $140.14M over the same period.The EPS is expected to shrink by -34.93% this year, but quarterly earnings will post -18.20% year-over-year. Quarterly sales are estimated to shrink -24.00% in year-over-year returns.
629 institutions hold shares in Lattice Semiconductor Corp. (LSCC), with institutional investors hold 111.72% of the company’s shares. The shares outstanding are 137.34M, and float is at 135.75M with Short Float at 9.68%. Institutions hold 110.21% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 19.55 million shares valued at $1.88 billion. The investor’s holdings represent 14.18% of the LSCC Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 14.07 million shares valued at $1.35 billion to account for 10.21% of the shares outstanding. The other top investors are FMR, LLC which holds 13.69 million shares representing 9.93% and valued at over $1.31 billion, while Artisan Partners Limited Partnership holds 6.63% of the shares totaling 9.14 million with a market value of $878.03 million.
Lattice Semiconductor Corp. (LSCC) Insider Activity
The most recent transaction is an insider sale by Luther Sherri R, the company’s SVP, CFO. SEC filings show that Luther Sherri R sold 23,006 shares of the company’s common stock on Feb 27 ’24 at a price of $74.78 per share for a total of $1.72 million. Following the sale, the insider now owns 0.12 million shares.
Lattice Semiconductor Corp. disclosed in a document filed with the SEC on Feb 26 ’24 that O’Rourke Glenn (SVP, Mfg Ops) sold a total of 8,594 shares of the company’s common stock. The trade occurred on Feb 26 ’24 and was made at $75.13 per share for $0.65 million. Following the transaction, the insider now directly holds 0.0 shares of the LSCC stock.
Still, SEC filings show that on Feb 26 ’24, Feanny Tracy Ann (SVP, General Counsel) disposed off 6,318 shares at an average price of $75.14 for $0.47 million. The insider now directly holds 11,908 shares of Lattice Semiconductor Corp. (LSCC).
