Craig Hallum reissued their hold rating on shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) in a report published on Thursday. They currently have a $6.00 price objective on the semiconductor company’s stock, down from their previous price objective of $8.30.

Separately, BidaskClub lowered Lattice Semiconductor Corporation from a sell rating to a strong sell rating in a research note on Saturday, August 12th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of $6.83.

Shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) opened at 5.46 on Thursday. The firm’s 50-day moving average price is $6.00 and its 200 day moving average price is $6.64. Lattice Semiconductor Corporation has a 12-month low of $5.40 and a 12-month high of $7.99. The company’s market cap is $671.42 million.

Lattice Semiconductor Corporation (NASDAQ:LSCC) last released its quarterly earnings data on Tuesday, August 8th. The semiconductor company reported ($0.03) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.07). The company had revenue of $94.14 million for the quarter, compared to analysts’ expectations of $105.60 million. Lattice Semiconductor Corporation had a negative net margin of 9.50% and a positive return on equity of 3.95%. On average, analysts predict that Lattice Semiconductor Corporation will post $0.13 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Interstate Bank raised its stake in shares of Lattice Semiconductor Corporation by 1.7% during the 1st quarter. First Interstate Bank now owns 30,453 shares of the semiconductor company’s stock valued at $211,000 after buying an additional 500 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Lattice Semiconductor Corporation by 2.3% during the 1st quarter. Principal Financial Group Inc. now owns 22,916 shares of the semiconductor company’s stock valued at $159,000 after buying an additional 510 shares during the last quarter. Amalgamated Bank raised its stake in shares of Lattice Semiconductor Corporation by 7.5% during the 2nd quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock valued at $105,000 after buying an additional 1,102 shares during the last quarter. Legal & General Group Plc raised its stake in shares of Lattice Semiconductor Corporation by 2.7% during the 2nd quarter. Legal & General Group Plc now owns 43,266 shares of the semiconductor company’s stock valued at $288,000 after buying an additional 1,148 shares during the last quarter. Finally, Pinnacle Associates Ltd. raised its stake in shares of Lattice Semiconductor Corporation by 2.2% during the 1st quarter. Pinnacle Associates Ltd. now owns 87,750 shares of the semiconductor company’s stock valued at $607,000 after buying an additional 1,900 shares during the last quarter. Institutional investors and hedge funds own 87.15% of the company’s stock.

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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