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Are we looking at the next big move in Lattice Semiconductor Corp. (LSCC)?

Lattice Semiconductor Corp. (NASDAQ: LSCC) is -29.08% lower on its value in year-to-date trading and has touched a low of $40.65 and a high of $85.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LSCC stock was last observed hovering at around $52.14 in the last trading session, with the day’s loss setting it -3.21%.

Currently trading at $48.93, the stock is -6.29% and 0.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.93 million and changing -6.16% at the moment leaves the stock -22.52% off its SMA200. LSCC registered -34.83% loss for a year compared to 6-month loss of -34.82%. The firm has a 50-day simple moving average (SMA 50) of $48.575 and a 200-day simple moving average (SMA200) of $63.1497.

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The stock witnessed a -2.74% gain in the last 1 month and extending the period to 3 months gives it a -18.44%, and is -5.76% down 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 4.35% over the week and 3.86% over the month.

Lattice Semiconductor Corp. (LSCC) has around 1156 employees, a market worth around $6.74B and $627.66M in sales. Current P/E ratio is 35.86 and Fwd P/E is 35.31. Profit margin for the company is 30.26%. Distance from 52-week low is 20.37% and -42.90% from its 52-week high. The company has generated returns on investments over the last 12 months (26.72%).

with sales reaching $127.09M over the same period.The EPS is expected to shrink by -50.01% this year, but quarterly earnings will post -28.90% year-over-year. Quarterly sales are estimated to shrink -33.90% in year-over-year returns.

Lattice Semiconductor Corp. (LSCC) Top Institutional Holders

631.0 institutions hold shares in Lattice Semiconductor Corp. (LSCC), with institutional investors hold 112.29% of the company’s shares. The shares outstanding are 137.34M, and float is at 136.22M with Short Float at 7.72%. Institutions hold 110.88% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 19.68 million shares valued at $1.14 billion. The investor’s holdings represent 14.3052% of the LSCC Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 14.65 million shares valued at $849.33 million to account for 10.648 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 14.06 million shares representing 10.2212% and valued at over $815.29 million, while ARTISAN PARTNERS LIMITED PARTNERSHIP holds 6.553 of the shares totaling 9.01 million with a market value of $522.69 million.

Lattice Semiconductor Corp. (LSCC) Insider Activity

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Lattice Semiconductor Corp. disclosed in a document filed with the SEC on Aug 20 ’24 that NELSON MARK JON (SVP, Sales) sold a total of 1,232 shares of the company’s common stock. The trade occurred on Aug 20 ’24 and was made at $48.98 per share for $60343.0. Following the transaction, the insider now directly holds 14919.0 shares of the LSCC stock.

Still, SEC filings show that on Aug 20 ’24, Luther Sherri R (SVP, CFO) disposed off 20,632 shares at an average price of $48.89 for $1.01 million. The insider now directly holds 90,341 shares of Lattice Semiconductor Corp. (LSCC).

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