Pravin Desale, Senior Vice President of Research and Development at Lattice Semiconductor Corp (NASDAQ:LSCC), reported an insider sale and related equity activity in Securities and Exchange Commission filings covering early March 2026.
According to a Form 4/A filing, Desale sold 2,366 shares of Lattice common stock on March 10, 2026, at a price of $92.4101 per share, producing a total transaction value of $218,642.
The filing further shows that Desale acquired 3,697 shares on March 9, 2026, as an incentive payment with no purchase price attached to that transaction. In connection with the equity award, 1,331 shares were retained by the issuer to satisfy tax obligations. The retained shares were valued at $90.63 per share for a total valuation of $120,628.
Separately noted in the filing was analysis from InvestingPro indicating the stock may be overvalued at current levels. The filing mentions that investors can access 20 additional InvestingPro Tips and a full Pro Research Report for more detailed analysis.
These insider transactions come amid recent corporate results and product announcements from Lattice. The company reported fourth-quarter fiscal 2025 results in which revenue exceeded expectations while earnings per share met projections. Management provided guidance for the first quarter of fiscal 2026 that surpassed consensus estimates for both revenue and adjusted earnings per share.
Following the quarterly update and forward guidance, several research firms adjusted their price targets for Lattice Semiconductor. Stifel raised its price target to $110 and maintained a Buy rating. KeyBanc increased its target to $125, attributing the slightly better-than-expected performance to strength in the Communications and Computing segment. Needham revised its target to $110, citing a strong outlook supported by guidance that outperformed expectations. Rosenblatt Securities set its target at $105, noting stronger revenue driven by demand from data centers and AI applications.
On the product front, Lattice introduced a Cyber Resilience Reference Kit developed in collaboration with EXOR International and TrustiPhi. The kit is intended to support secure system design for manufacturers of industrial and edge devices.
The SEC Form 4/A provides the detailed share counts, prices, and dates cited above. The filing documents the March 9, 2026 incentive award, the March 10, 2026 sale of 2,366 shares at $92.4101 per share for $218,642, and the retention of 1,331 shares valued at $90.63 per share totaling $120,628 to cover tax obligations.
Summary
Desale completed a sale of 2,366 Lattice shares on March 10, 2026, for $218,642. He received 3,697 shares as an incentive payment on March 9, 2026, and had 1,331 shares withheld to meet tax obligations valued at $120,628. The company recently posted fiscal Q4 2025 results with revenue above expectations and issued Q1 fiscal 2026 guidance above consensus, prompting multiple analyst price-target increases. Lattice also announced a Cyber Resilience Reference Kit built with EXOR International and TrustiPhi.