Insider Trading March 3, 2026

Lattice Semiconductor CAO Disposes $308,078 in Stock as Shares Rally

Tonya Stevens executed two sales under a 10b5-1 plan; company posts stronger-than-expected revenue and raises guidance

By Hana Yamamoto LSCC
Lattice Semiconductor CAO Disposes $308,078 in Stock as Shares Rally
LSCC

Tonya Stevens, Chief Accounting Officer at Lattice Semiconductor (LSCC), sold 3,230 shares on March 2, 2026, in two transactions totaling approximately $308,078. The trades were made under a pre-approved 10b5-1 plan adopted November 19, 2025. The disclosure arrives as the stock has advanced sharply over recent periods and following quarter results that beat revenue expectations and guidance that exceeded consensus. Several sell-side firms have since lifted price targets, while InvestingPro flags the name as currently overvalued relative to its Fair Value.

Key Points

  • Tonya Stevens sold 3,230 shares of Lattice Semiconductor on March 2, 2026, for approximately $308,078 in two transactions.
  • The sales were executed under a 10b5-1 plan adopted on November 19, 2025; Stevens retains 62,302 shares after the transactions.
  • Lattice beat revenue expectations for fiscal Q4 2025, issued stronger guidance for fiscal Q1 2026, and several analysts raised price targets following the results.

Tonya Stevens, Chief Accounting Officer at Lattice Semiconductor (NASDAQ: LSCC), executed the sale of 3,230 common shares on March 2, 2026, for aggregate proceeds of about $308,078.

The disposition was carried out in two separate transactions. In the first, Stevens sold 2,130 shares at a weighted average price of $95.3036; the individual execution prices in that tranche ranged from $94.6400 to $95.6300. The second transaction consisted of 1,100 shares sold at a weighted average price of $95.5286, with individual prices reported between $95.6500 and $96.6100.

After these sales, Stevens directly holds 62,302 shares of Lattice Semiconductor common stock. The trades were made pursuant to an approved 10b5-1 trading plan adopted on November 19, 2025.

The insider sale comes against a backdrop of strong recent share performance. Lattice Semiconductor has returned 67 percent over the last 12 months and about 51 percent over the past six months. At the same time, InvestingPro analysis indicates the stock is trading above its Fair Value and lists the company among those on its Most Overvalued list. The platform notes that subscribers can access 20 additional InvestingPro Tips and a Pro Research Report for deeper coverage.

Operationally, Lattice reported fourth-quarter fiscal 2025 results that surpassed revenue expectations, while reported earnings per share were in line with projections. Management issued robust guidance for the first quarter of fiscal 2026, with both revenue and adjusted earnings per share guidance exceeding consensus estimates.

Market responses included adjustments to analyst price targets. Stifel raised its price target to $110 and maintained a Buy rating. KeyBanc increased its target to $125, citing improved performance within the Communications and Computing segment. Needham lifted its target to $110, referencing a strong outlook and guidance that came in ahead of expectations. Rosenblatt Securities adjusted its target to $105 and highlighted stronger-than-anticipated revenue from data centers and AI applications.

Separately, Lattice introduced a new Cyber Resilience Reference Kit intended to support manufacturers in designing more secure systems. The launch was noted alongside the company updates and analyst activity.


Context and takeaways

  • The insider sale was executed under a pre-approved 10b5-1 plan, which can structure timing of trades independent of short-term company developments.
  • The company delivered revenue that beat expectations for fiscal Q4 2025 and offered stronger-than-expected guidance for fiscal Q1 2026, prompting multiple price-target increases from analysts.
  • Despite recent share-price strength, a valuation monitor cited by InvestingPro places Lattice among companies trading above their Fair Value.

Investors and market participants monitoring the semiconductor sector - and related end markets such as data centers, communications and computing, and manufacturers focused on secure system design - will likely weigh the insider activity alongside the recent financial results and the revised analyst outlooks.

Risks

  • Valuation risk - InvestingPro analysis indicates LSCC is trading above its Fair Value and appears on the Most Overvalued list, which could affect future returns for investors in the semiconductor sector.
  • Interpretation of insider activity - although the sales were made under an approved 10b5-1 plan, investors may still view insider disposals negatively in the short term.
  • Market sensitivity to guidance and analyst revisions - the stock's recent gains and subsequent analyst target changes highlight exposure to swings in sentiment tied to quarterly results and forward guidance, particularly in data-center and AI-related revenue streams.

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