ValuEngine lowered shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) from a hold rating to a sell rating in a research note published on Monday.

A number of other research firms have also weighed in on LSCC. Jefferies Group LLC lowered their target price on shares of Lattice Semiconductor Corporation from $8.30 to $6.50 and set a hold rating on the stock in a report on Thursday, September 14th. Robert W. Baird restated a hold rating and issued a $8.00 target price on shares of Lattice Semiconductor Corporation in a report on Sunday. BidaskClub lowered shares of Lattice Semiconductor Corporation from a sell rating to a strong sell rating in a report on Saturday, August 12th. Finally, Craig Hallum restated a hold rating and issued a $6.00 target price (down previously from $8.30) on shares of Lattice Semiconductor Corporation in a report on Thursday, September 14th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The company has an average rating of Hold and a consensus price target of $6.83.

Lattice Semiconductor Corporation (NASDAQ:LSCC) opened at 5.33 on Monday. The stock has a 50 day moving average price of $5.96 and a 200 day moving average price of $6.62. Lattice Semiconductor Corporation has a one year low of $5.16 and a one year high of $7.99. The company’s market cap is $655.44 million.

Lattice Semiconductor Corporation (NASDAQ:LSCC) last posted its earnings results 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). Lattice Semiconductor Corporation had a positive return on equity of 3.95% and a negative net margin of 9.50%. The business had revenue of $94.14 million during the quarter, compared to analyst estimates of $105.60 million. On average, equities analysts anticipate that Lattice Semiconductor Corporation will post $0.13 EPS for the current fiscal year.

WARNING: This report was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this report on another website, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this report can be accessed at https://www.thecerbatgem.com/2017/09/19/lattice-semiconductor-corporation-lscc-downgraded-to-sell-at-valuengine.html.

A number of large investors have recently bought and sold shares of the business. The Manufacturers Life Insurance Company increased its stake 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 buying an additional 3,086 shares during the last quarter. Bluefin Trading LLC purchased a new stake in Lattice Semiconductor Corporation in the 2nd quarter valued at about $176,000. Alpine Global Management LLC increased its stake in Lattice Semiconductor Corporation by 22.3% in the 2nd quarter. Alpine Global Management LLC now owns 269,015 shares of the semiconductor company’s stock valued at $1,792,000 after buying an additional 49,015 shares during the last quarter. CNH Partners LLC increased its stake in Lattice Semiconductor Corporation by 33.8% in the 2nd quarter. CNH Partners LLC now owns 3,813,337 shares of the semiconductor company’s stock valued at $25,397,000 after buying an additional 963,375 shares during the last quarter. Finally, BlueCrest Capital Management Ltd increased its stake in Lattice Semiconductor Corporation by 119.1% in the 2nd quarter. BlueCrest Capital Management Ltd now owns 130,667 shares of the semiconductor company’s stock valued at $870,000 after buying an additional 71,035 shares during the last quarter. Hedge funds and other institutional investors own 87.13% of the company’s stock.

Lattice Semiconductor Corporation Company Profile

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.

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