Shares of Lattice Semiconductor Corp (NASDAQ:LSCC) have been given a consensus recommendation of “Buy” by the six research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $8.44.

Several equities analysts have recently commented on the stock. Zacks Investment Research cut shares of Lattice Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 19th. BidaskClub upgraded shares of Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, June 20th. ValuEngine upgraded shares of Lattice Semiconductor from a “sell” rating to a “hold” rating in a research report on Monday, June 11th. Dougherty & Co assumed coverage on shares of Lattice Semiconductor in a research report on Thursday, June 28th. They issued a “buy” rating and a $10.00 target price for the company. Finally, Robert W. Baird boosted their target price on shares of Lattice Semiconductor from $6.00 to $8.00 and gave the company a “neutral” rating in a research report on Monday, July 30th.

In related news, CFO Maxwell J. Downing sold 118,860 shares of the company’s stock in a transaction that occurred on Friday, August 31st. The shares were sold at an average price of $8.13, for a total transaction of $966,331.80. Following the completion of the transaction, the chief financial officer now directly owns 44,458 shares in the company, valued at approximately $361,443.54. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Glen Hawk sold 20,929 shares of the company’s stock in a transaction that occurred on Thursday, August 30th. The stock was sold at an average price of $8.05, for a total transaction of $168,478.45. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 146,352 shares of company stock valued at $1,184,623. 2.79% of the stock is owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its position in Lattice Semiconductor by 2.2% during the 2nd quarter. BlackRock Inc. now owns 7,774,585 shares of the semiconductor company’s stock worth $51,001,000 after purchasing an additional 167,472 shares in the last quarter. Franklin Resources Inc. increased its position in Lattice Semiconductor by 7.0% during the 1st quarter. Franklin Resources Inc. now owns 4,876,153 shares of the semiconductor company’s stock worth $27,160,000 after purchasing an additional 319,712 shares in the last quarter. JPMorgan Chase & Co. increased its position in Lattice Semiconductor by 442.2% during the 1st quarter. JPMorgan Chase & Co. now owns 1,470,318 shares of the semiconductor company’s stock worth $8,190,000 after purchasing an additional 1,199,151 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in Lattice Semiconductor by 5.5% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 663,920 shares of the semiconductor company’s stock worth $3,699,000 after purchasing an additional 34,687 shares in the last quarter. Finally, First Washington CORP bought a new stake in Lattice Semiconductor during the 2nd quarter worth approximately $4,277,000. Institutional investors and hedge funds own 87.24% of the company’s stock.

Shares of NASDAQ:LSCC traded up $0.06 during midday trading on Monday, hitting $7.73. The stock had a trading volume of 2,623 shares, compared to its average volume of 1,098,589. The stock has a market capitalization of $970.98 million, a PE ratio of 85.11, a PEG ratio of 2.30 and a beta of 1.65. The company has a current ratio of 3.11, a quick ratio of 2.35 and a debt-to-equity ratio of 1.15. Lattice Semiconductor has a fifty-two week low of $5.05 and a fifty-two week high of $8.40.

Lattice Semiconductor (NASDAQ:LSCC) last issued its earnings results on Thursday, August 9th. The semiconductor company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.05 by $0.05. Lattice Semiconductor had a negative net margin of 19.67% and a positive return on equity of 5.21%. research analysts predict that Lattice Semiconductor will post 0.27 EPS for the current fiscal year.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor devices in Asia, Europe, and the Americas. The company offers programmable logic devices that consist of five product family lines, such as the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices.

Recommended Story: Initial Public Offering (IPO)

Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.