In a filing, Lattice Semiconductor Corp. revealed its SVP, CFO Luther Sherri R unloaded Company’s shares for reported $1.72 million on Feb 27 ’24. In the deal valued at $74.78 per share,23,006 shares were sold. As a result of this transaction, Luther Sherri R now holds 124,116 shares worth roughly $9.28 million.
Then, O’Rourke Glenn sold 8,594 shares, generating $645,637 in total proceeds. Upon selling the shares at $75.13, the SVP, Mfg Ops now owns 0 shares.
Before that, Feanny Tracy Ann sold 6,318 shares. Lattice Semiconductor Corp. shares valued at $474,725 were divested by the SVP, General Counsel at a price of $75.14 per share. As a result of the transaction, Feanny Tracy Ann now holds 11,908 shares, worth roughly $0.89 million.
Deutsche Bank initiated its Lattice Semiconductor Corp. [LSCC] rating to a Buy in a research note published on November 30, 2023; the price target was $70. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. BofA Securities began covering LSCC with “Neutral” recommendation on September 29, 2023. Raymond James started covering the stock on May 24, 2023. It rated LSCC as “a Mkt perform”.
Price Performance Review of LSCC
On Friday, Lattice Semiconductor Corp. [NASDAQ:LSCC] saw its stock fall -3.72% to $74.76. Over the last five days, the stock has lost -0.29%. Lattice Semiconductor Corp. shares have risen nearly 8.36% since the year began. Nevertheless, the stocks have fallen -17.30% over the past one year. While a 52-week high of $98.30 was reached on 03/07/24, a 52-week low of $51.96 was recorded on 01/31/24. SMA at 50 days reached $74.83, while 200 days put it at $76.38. A total of 1.99 million shares were traded, compared to the trading of 1.54 million shares in the previous session.
Levels Of Support And Resistance For LSCC Stock
The 24-hour chart illustrates a support level at 73.94, which if violated will result in even more drops to 73.11. On the upside, there is a resistance level at 76.07. A further resistance level may holdings at 77.37. The Relative Strength Index (RSI) on the 14-day chart is 46.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.14%. Stochastics %K at 40.83% indicates the stock is a holding.
The most recent change occurred on September 08, 2022 when Stifel began covering the stock and recommended ‘”a Hold”‘ rating along with a $60 price target.
