Lattice Semiconductor (NASDAQ:LSCC) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note 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. “

A number of other equities research analysts also recently commented on the company. BidaskClub downgraded Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 11th. Craig Hallum set a $9.00 price objective on Lattice Semiconductor and gave the company a “hold” rating in a report on Wednesday, October 3rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $9.13.

Shares of Lattice Semiconductor stock opened at $6.99 on Wednesday. The firm has a market capitalization of $843.21 million, a price-to-earnings ratio of 43.40, a price-to-earnings-growth ratio of 2.36 and a beta of 1.83. The company has a debt-to-equity ratio of 1.00, a quick ratio of 3.07 and a current ratio of 4.00. Lattice Semiconductor has a 52 week low of $5.05 and a 52 week high of $8.90.

Lattice Semiconductor (NASDAQ:LSCC) last announced its quarterly earnings data on Thursday, October 25th. The semiconductor company reported $0.11 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.01. The company had revenue of $101.48 million for the quarter, compared to the consensus estimate of $101.50 million. Lattice Semiconductor had a positive return on equity of 8.68% and a negative net margin of 6.64%. On average, equities analysts expect that Lattice Semiconductor will post 0.24 EPS for the current fiscal year.

In other Lattice Semiconductor news, VP Esam Elashmawi acquired 20,000 shares of the stock in a transaction dated Monday, November 26th. The stock was acquired at an average cost of $5.66 per share, with a total value of $113,200.00. Following the transaction, the vice president now owns 20,000 shares in the company, valued at approximately $113,200. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Byron Wayne Milstead sold 9,910 shares of the company’s stock in a transaction dated Wednesday, November 14th. The stock was sold at an average price of $5.81, for a total value of $57,577.10. Following the transaction, the vice president now directly owns 23,063 shares of the company’s stock, valued at $133,996.03. The disclosure for this sale can be found here. Corporate insiders own 2.79% of the company’s stock.

Several large investors have recently added to or reduced their stakes in LSCC. Jane Street Group LLC acquired a new position in shares of Lattice Semiconductor during the 2nd quarter worth about $152,000. Quantbot Technologies LP acquired a new position in shares of Lattice Semiconductor during the 3rd quarter worth about $172,000. Prudential Financial Inc. boosted its position in shares of Lattice Semiconductor by 100.0% during the 3rd quarter. Prudential Financial Inc. now owns 26,301 shares of the semiconductor company’s stock worth $210,000 after acquiring an additional 13,150 shares in the last quarter. Ibex Investors LLC acquired a new position in shares of Lattice Semiconductor during the 3rd quarter worth about $215,000. Finally, Cubist Systematic Strategies LLC boosted its position in shares of Lattice Semiconductor by 205.5% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 36,184 shares of the semiconductor company’s stock worth $237,000 after acquiring an additional 24,339 shares in the last quarter. 89.06% of the stock is owned by institutional investors and hedge funds.

Lattice Semiconductor Company Profile

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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