The VP Corp, General Counsel of Lattice Semicon is Exercising Options


Yesterday it was reported that the VP Corp, General Counsel of Lattice Semicon (NASDAQ: LSCC), Byron Wayne Milstead, exercised options to sell 82,277 LSCC shares at $5.79 a share, for a total transaction value of $664.8K.

Following Byron Wayne Milstead’s last LSCC Sell transaction on May 18, 2018, the stock climbed by 2.6%. In addition to Byron Wayne Milstead, 4 other LSCC executives reported Sell trades in the last month.

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Based on Lattice Semicon’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $103 million and GAAP net loss of $20.22 million. In comparison, last year the company earned revenue of $94.14 million and had a GAAP net loss of $13.02 million. Currently, Lattice Semicon has an average volume of 1.65M.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $8.50, reflecting a 3.2% upside.

The insider sentiment on Lattice Semicon has been negative according to 46 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Lattice Semiconductor Corp. designs, develops and markets programmable logic products and related software. It provides smart connectivity solutions powered by its low power FPGA, video ASSP, millimeter wave, and IP products to the consumer, communications, industrial, computing, and automotive markets.

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