David Jeffrey Richardson, a member of the board of directors at Lattice Semiconductor Corp (NASDAQ: LSCC), completed two sales of company common stock on February 25, 2026, disposing of a total of 12,779 shares for approximately $1.28 million.
The larger of the two trades comprised 11,299 shares sold at an average price of $100.66, with individual trade prices falling between $100.0960 and $101.0700. That block generated about $1,137,217. The second, smaller sale consisted of 1,480 shares at an average price of $101.21, with underlying trade prices ranging from $101.1300 to $101.3200, producing about $149,791.
After these divestitures, Richardson directly retains 4,193 shares of Lattice common stock and holds an additional 25,738 shares indirectly through a Family Trust.
These insider sales occurred against a broader backdrop of favorable operating results and shifting analyst views. Lattice, which has a market capitalization of $13.35 billion, has delivered strong market returns recently, with the share price up 57% over the past year and up 54% over the last six months.
However, InvestingPro analysis included in the company snapshot characterizes Lattice as overvalued relative to its Fair Value, listing it among the Most Overvalued names and noting a price-to-earnings ratio of 4,880. The InvestingPro service is noted as offering 20 additional tips and expanded metrics to subscribers who follow LSCC.
On the results front, Lattice reported better-than-expected revenue for the fourth quarter of fiscal 2025, with earnings per share coming in line with projections. The company then issued strong guidance for the first quarter of fiscal 2026, exceeding consensus expectations for both revenue and adjusted earnings per share.
Following the quarterly print and forward guidance, several brokerages adjusted their price targets upward. Stifel raised its target to $110 while maintaining a Buy rating. KeyBanc lifted its target to $125 and cited slightly better-than-expected performance in Lattice's Communications and Computing segment. Needham increased its price objective to $110, highlighting a robust outlook for the upcoming quarter. Rosenblatt Securities moved its target to $105, attributing the revision to solid demand from data centers and physical artificial intelligence applications.
Separately, Lattice has introduced a Cyber Resilience Reference Kit developed with EXOR International and TrustiPhi, aimed at helping industrial and edge device manufacturers design systems with enhanced security.
Is LSCC a bargain? The company page references a Fair Value calculator that uses a combination of 17 proven industry valuation models to provide an estimate for Lattice and other stocks. That tool is presented as a means for investors to assess whether LSCC is undervalued or overvalued given current trading levels.
Summary of the insider transaction and recent company developments are laid out above for market participants tracking executive and director activity as one indicator among many of company and market dynamics.
Key points
- Director David Jeffrey Richardson sold 12,779 shares on February 25, 2026, in two transactions totaling about $1.28 million.
- Lattice reported Q4 fiscal 2025 revenue above expectations, EPS in line, and issued strong guidance for Q1 fiscal 2026 that topped consensus.
- The stock has risen sharply over recent periods but is flagged by InvestingPro as overvalued relative to its Fair Value and trades at a stated P/E of 4,880.
Risks and uncertainties
- Insider selling may be interpreted differently by market participants; it is a single director's disposition and not a company-wide announcement.
- Valuation metrics cited by InvestingPro indicate the stock may be priced above the service's Fair Value estimate, introducing valuation risk for investors.
- Analyst target adjustments reflect differing views on demand drivers such as data center and physical AI demand, which could influence near-term expectations.