In a filing, Lattice Semiconductor Corp revealed its SVP, Sales NELSON MARK JON unloaded Company’s shares for reported $0.11 million on Jan 06 ’25. In the deal valued at $57.28 per share,1,850 shares were sold. As a result of this transaction, NELSON MARK JON now holds 83,289 shares worth roughly $4.61 million.
Then, Desale Pravin sold 1,096 shares, generating $68,543 in total proceeds. Upon selling the shares at $62.54, the SVP, R&D now owns 365 shares.
Before that, PRAVIN DESALE bought 1,096 shares. Lattice Semiconductor Corp shares valued at $69,053 were divested by the Officer at a price of $63.00 per share.
TD Cowen reiterated its Lattice Semiconductor Corp [LSCC] rating to a Buy in a research note published on November 05, 2024; the price target was $50. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in mid September from “a Hold” to “a Buy”. Raymond James also remained covering LSCC and has increased its forecast on August 08, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. TD Cowen maintained its rating on July 30, 2024. It rated LSCC as “a Buy”.
Price Performance Review of LSCC
On Friday, Lattice Semiconductor Corp [NASDAQ:LSCC] saw its stock fall -0.84% to $55.35. Over the last five days, the stock has lost -1.07%. Lattice Semiconductor Corp shares have fallen nearly -2.29% since the year began. Nevertheless, the stocks have fallen -17.15% over the past one year. While a 52-week high of $85.69 was reached on 01/07/25, a 52-week low of $40.65 was recorded on 01/08/25. SMA at 50 days reached $56.13, while 200 days put it at $58.56.
Levels Of Support And Resistance For LSCC Stock
The 24-hour chart illustrates a support level at 54.32, which if violated will result in even more drops to 53.28. On the upside, there is a resistance level at 56.48. A further resistance level may holdings at 57.60. The Relative Strength Index (RSI) on the 14-day chart is 42.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.57%. Stochastics %K at 19.66% indicates the stock is a buying.
How much short interest is there in Lattice Semiconductor Corp?
A steep rise in short interest was recorded in Lattice Semiconductor Corp stocks on 2024-12-13, growing by 0.29 million shares to a total of 11.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 10.87 million shares. There was a rise of 2.62%, which implies that there is a positive sentiment for the stock.
