Lattice Semiconductor Corp (NASDAQ:LSCC) CFO Maxwell J. Downing sold 6,563 shares of the business’s stock in a transaction dated Monday, August 6th. The stock was sold at an average price of $7.59, for a total value of $49,813.17. Following the completion of the transaction, the chief financial officer now directly owns 36,212 shares of the company’s stock, valued at approximately $274,849.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Lattice Semiconductor opened at $7.56 on Friday, according to MarketBeat Ratings. Lattice Semiconductor Corp has a 52 week low of $5.05 and a 52 week high of $7.98. The stock has a market cap of $969.71 million, a PE ratio of 85.00, a price-to-earnings-growth ratio of 2.22 and a beta of 1.67. The company has a quick ratio of 3.07, a current ratio of 3.11 and a debt-to-equity ratio of 1.15.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings results on Thursday, August 9th. The semiconductor company reported $0.10 EPS for the quarter, beating the Thomson Reuters’ 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%. sell-side analysts forecast that Lattice Semiconductor Corp will post 0.23 EPS for the current fiscal year.

LSCC has been the subject of a number of recent analyst reports. ValuEngine raised Lattice Semiconductor from a “hold” rating to a “buy” rating in a research report on Saturday, July 28th. BidaskClub raised shares of Lattice Semiconductor from a “hold” rating to a “buy” rating in a research report on Wednesday, June 13th. Dougherty & Co started coverage on shares of Lattice Semiconductor in a research report on Thursday, June 28th. They set a “buy” rating and a $10.00 price target for the company. Zacks Investment Research raised shares of Lattice Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 18th. Finally, Robert W. Baird upped their price target 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. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $7.95.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quantitative Systematic Strategies LLC increased its position in shares of Lattice Semiconductor by 102.7% during the 1st quarter. Quantitative Systematic Strategies LLC now owns 31,119 shares of the semiconductor company’s stock valued at $173,000 after purchasing an additional 15,770 shares during the last quarter. Barclays PLC increased its position in shares of Lattice Semiconductor by 137.6% during the 1st quarter. Barclays PLC now owns 46,442 shares of the semiconductor company’s stock valued at $259,000 after purchasing an additional 26,895 shares during the last quarter. Dynamic Technology Lab Private Ltd increased its position in shares of Lattice Semiconductor by 25.1% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 48,261 shares of the semiconductor company’s stock valued at $269,000 after purchasing an additional 9,687 shares during the last quarter. Engineers Gate Manager LP purchased a new stake in shares of Lattice Semiconductor during the 2nd quarter valued at about $275,000. Finally, Legal & General Group Plc increased its position in shares of Lattice Semiconductor by 33.3% during the 1st quarter. Legal & General Group Plc now owns 56,811 shares of the semiconductor company’s stock valued at $317,000 after purchasing an additional 14,191 shares during the last quarter. 86.92% of the stock is owned by hedge funds and other institutional investors.

About Lattice Semiconductor

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.

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