Lattice Semiconductor Corp President and CEO James Anderson Sells 88,808 Shares
James Anderson, President and CEO of Lattice Semiconductor Corp (NASDAQ:LSCC), executed a sale of 88,808 shares in the company on February 22, 2024, according to a recent SEC Filing.
Lattice Semiconductor Corp is a developer of smart connectivity solutions powered by its low power FPGA (field-programmable gate array) platform. The company's comprehensive solutions portfolio includes programmable logic devices, software, intellectual property, and development kits, which are widely used across industrial, automotive, consumer, and communications markets.
Over the past year, the insider has sold a total of 434,978 shares and has not made any purchases. The recent transaction is part of a trend observed over the past year, where there have been no insider buys and 46 insider sells for Lattice Semiconductor Corp.
On the date of the insider's latest transaction, shares of Lattice Semiconductor Corp were trading at $72.85, resulting in a market cap of $10.281 billion.
The stock's price-earnings ratio stands at 40.41, which is above the industry median of 29.61 but below the company's historical median price-earnings ratio.
With the current share price of $72.85 and a GuruFocus Value of $85.06, the price-to-GF-Value ratio is 0.86, indicating that Lattice Semiconductor Corp is considered Modestly Undervalued according to its GF Value.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
