Pravin Desale, senior vice president of research and development at Lattice Semiconductor Corp (NASDAQ: LSCC), sold a total of 4,937 shares of the company's common stock on February 12, 2026, in a sequence of transactions that netted approximately $498,526.
The dispositions were completed at prices spanning $97.5091 to $107.30 per share. The individual sales included:
- 700 shares at a weighted average price of $97.5091
- 800 shares at $99.04
- 1,537 shares at $99.9355
- 400 shares at $100.855
- 300 shares at $102.1833
- 200 shares at $103.71
- 700 shares at $105.20470
- 200 shares at $106.625
- 100 shares at $107.30
After these transactions, Desale directly holds 83,834 shares of Lattice Semiconductor. The sales were carried out according to an approved 10b5-1 trading plan that the executive adopted on August 28, 2025.
In corporate results released for the fourth quarter of fiscal 2025, Lattice reported revenue of $145.8 million, an increase of 24.2% compared with the same quarter a year earlier. That top-line figure modestly exceeded the consensus revenue estimate of $143.18 million. On the bottom line, the company posted earnings per share of $0.32, which matched analysts' expectations.
Following the quarterly release and accompanying guidance, several broker-dealers adjusted their price targets for Lattice Semiconductor. Stifel raised its target to $110 from $80, citing better-than-expected revenue and strong first-quarter guidance for fiscal 2026. KeyBanc increased its target to $125 from $95, pointing to improved performance driven by the Communications and Computing segment. Needham moved its target to $110, noting the company's strong outlook and better-than-expected guidance for revenue and non-GAAP earnings in the upcoming quarter. Rosenblatt Securities set a new target of $105, attributing the change to stronger-than-expected revenue from data centers and physical AI applications and expressing expectations for accelerated growth in the first quarter of 2026.
This set of insider sales, executed under a formal trading plan, occurred in the same reporting period in which the company posted better-than-anticipated revenue and received upward revisions to analyst price targets. The filings show the precise share counts, prices, remaining ownership and the adoption date of the trading plan as reported.