Lattice Semiconductor Corporation (NASDAQ:LSCC) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday.

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. “

Other equities analysts also recently issued reports about the stock. Jefferies Group LLC reiterated a “buy” rating and set a $7.00 price objective on shares of Lattice Semiconductor Corporation in a research note on Friday, November 10th. Robert W. Baird reiterated a “hold” rating and set a $8.00 price objective on shares of Lattice Semiconductor Corporation in a research note on Sunday, September 17th. Craig Hallum reiterated a “hold” rating and set a $6.00 price objective (down from $8.30) on shares of Lattice Semiconductor Corporation in a research note on Thursday, September 14th. ValuEngine downgraded shares of Lattice Semiconductor Corporation from a “hold” rating to a “sell” rating in a research note on Monday, September 18th. Finally, BidaskClub downgraded shares of Lattice Semiconductor Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Lattice Semiconductor Corporation presently has a consensus rating of “Hold” and an average price target of $7.00.

Lattice Semiconductor Corporation (NASDAQ LSCC) traded up $0.08 during midday trading on Wednesday, hitting $6.21. 1,529,100 shares of the stock were exchanged, compared to its average volume of 826,009. The company has a current ratio of 2.20, a quick ratio of 1.60 and a debt-to-equity ratio of 1.28. Lattice Semiconductor Corporation has a 1 year low of $5.05 and a 1 year high of $7.74. The company has a market capitalization of $756.23, a P/E ratio of 68.11, a PEG ratio of 7.66 and a beta of 1.58.

Lattice Semiconductor Corporation (NASDAQ:LSCC) last released its quarterly earnings data on Tuesday, November 7th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate 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 for the quarter, compared to the consensus estimate of $92.00 million. During the same period last year, the firm earned $0.05 earnings per share. equities research analysts expect that Lattice Semiconductor Corporation will post 0.05 earnings per share for the current year.

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

A number of large investors have recently bought and sold shares of the stock. Principal Financial Group Inc. lifted its position in Lattice Semiconductor Corporation by 2.3% during the first 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 during the last quarter. Amalgamated Bank lifted its position in Lattice Semiconductor Corporation by 7.5% during the second 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 during the last quarter. Legal & General Group Plc lifted its position in Lattice Semiconductor Corporation by 2.7% during the second 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 during the last quarter. The Manufacturers Life Insurance Company lifted its position in Lattice Semiconductor Corporation by 3.3% during the second 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 during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Lattice Semiconductor Corporation by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 498,295 shares of the semiconductor company’s stock valued at $3,317,000 after acquiring an additional 3,316 shares during the last quarter. 87.17% of the stock is owned by institutional investors.

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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