Director David Jeffrey Richardson sold 12,779 shares (33.2% reduction) at $100.72 avg; stock now $97.25, down 8.1% from 52-week high.
Director Richardson executed 2 separate sales totaling 12,779 shares for $1,287,148.14, reducing his holdings from 38,517 to 25,738 shares—a substantial 33.2% reduction in position size. The sales occurred at an average price of $100.72, which was near the stock's recent strength (current price $97.25 is only 8.1% below the 52-week high of $105.77). His prior trading history at LSCC shows mixed timing outcomes: a 2023-08-22 sale was followed by a steep -34.8% 90-day decline (well-timed), but a 2023-05-08 sale gained +10.0% over 90 days (poorly timed). The company trades at an exceptionally elevated P/E of 4862.50 despite modest fundamentals: $133.3M quarterly revenue with only $2.8M net income, and annual revenue growth of just +2.7%.