Zacks Investment Research upgraded shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) from a sell rating to a hold rating in a research report report published on Wednesday morning.

According to Zacks, “Lattice Semiconductor Corporation designs, develops and markets high performance programmable logic devices and related development system software. Programmable logic devices are standard smiconductor components that can be configured by the end customer as specific logic functions, enabling shorter design cycle times and reduced developpment costs. “

A number of other equities analysts have also recently weighed in on the stock. Jefferies Group LLC reissued a buy rating and set a $7.00 price target on shares of Lattice Semiconductor Corporation in a research report on Friday, November 10th. ValuEngine cut shares of Lattice Semiconductor Corporation from a hold rating to a sell rating in a research report on Monday, September 18th. Robert W. Baird reissued a hold rating and set a $8.00 price target on shares of Lattice Semiconductor Corporation in a research report on Sunday, September 17th. Craig Hallum reissued a hold rating and set a $6.00 price target (down from $8.30) on shares of Lattice Semiconductor Corporation in a research report on Thursday, September 14th. Finally, BidaskClub cut shares of Lattice Semiconductor Corporation from a sell rating to a strong sell rating in a research report on Saturday, August 12th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of $7.00.

Lattice Semiconductor Corporation (LSCC) traded up $0.08 on Wednesday, reaching $6.21. 1,529,163 shares of the company’s stock were exchanged, compared to its average volume of 826,009. The company has a quick ratio of 1.60, a current ratio of 2.20 and a debt-to-equity ratio of 1.28. Lattice Semiconductor Corporation has a 12-month low of $5.05 and a 12-month high of $7.74. The firm has a market cap of $766.10, a price-to-earnings ratio of 70.89, a PEG ratio of 7.97 and a beta of 1.58.

Lattice Semiconductor Corporation (NASDAQ:LSCC) last released its earnings results on Tuesday, November 7th. The semiconductor company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. Lattice Semiconductor Corporation had a negative net margin of 17.49% and a positive return on equity of 4.39%. The firm had revenue of $91.97 million during the quarter, compared to analyst estimates of $92.00 million. During the same quarter in the previous year, the business earned $0.05 EPS. equities analysts forecast that Lattice Semiconductor Corporation will post 0.05 earnings per share for the current fiscal year.

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In related news, VP Byron Wayne Milstead sold 16,082 shares of the business’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $6.45, for a total value of $103,728.90. Following the sale, the vice president now directly owns 21,173 shares of the company’s stock, valued at approximately $136,565.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.79% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Principal Financial Group Inc. lifted its position in Lattice Semiconductor Corporation by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 22,916 shares of the semiconductor company’s stock valued at $159,000 after acquiring an additional 510 shares in the last quarter. Amalgamated Bank lifted its position in Lattice Semiconductor Corporation by 7.5% in the 2nd quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock valued at $105,000 after acquiring an additional 1,102 shares in the last quarter. Legal & General Group Plc lifted its position in Lattice Semiconductor Corporation by 2.7% in the 2nd quarter. Legal & General Group Plc now owns 43,266 shares of the semiconductor company’s stock valued at $288,000 after acquiring an additional 1,148 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Lattice Semiconductor Corporation by 3.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 96,271 shares of the semiconductor company’s stock valued at $641,000 after acquiring an additional 3,086 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Lattice Semiconductor Corporation by 0.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 498,295 shares of the semiconductor company’s stock worth $3,317,000 after buying an additional 3,316 shares in the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

About Lattice Semiconductor Corporation

Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.

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