Lattice Semiconductor (NASDAQ:LSCC) Upgraded at StockNews.com

Lattice Semiconductor (NASDAQ:LSCC) was upgraded by investment analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday.

A number of other equities analysts also recently commented on the company. Robert W. Baird raised their price objective on Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Raymond James cut their price objective on Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Rosenblatt Securities restated a “buy” rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a report on Monday, February 10th. KeyCorp raised their price objective on Lattice Semiconductor from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Finally, Needham & Company LLC restated a “buy” rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, February 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $66.25.

Lattice Semiconductor Trading Up 1.6 %

Shares of NASDAQ:LSCC opened at $64.42 on Friday. The stock’s 50-day moving average price is $58.13 and its two-hundred day moving average price is $53.23. Lattice Semiconductor has a 12-month low of $40.65 and a 12-month high of $85.69. The firm has a market cap of $8.89 billion, a price-to-earnings ratio of 62.54 and a beta of 1.41.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. As a group, research analysts forecast that Lattice Semiconductor will post 0.54 earnings per share for the current fiscal year.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 1,474 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $50.86, for a total value of $74,967.64. Following the transaction, the senior vice president now directly owns 13,909 shares of the company’s stock, valued at $707,411.74. This represents a 9.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Pravin Desale sold 4,387 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $50.01, for a total value of $219,393.87. Following the completion of the transaction, the senior vice president now directly owns 365 shares in the company, valued at approximately $18,253.65. The trade was a 92.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,022 shares of company stock valued at $596,502 in the last three months. Corporate insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Lattice Semiconductor

A number of institutional investors have recently made changes to their positions in LSCC. Cetera Investment Advisers increased its holdings in shares of Lattice Semiconductor by 280.3% in the 2nd quarter. Cetera Investment Advisers now owns 17,958 shares of the semiconductor company’s stock valued at $1,041,000 after acquiring an additional 13,236 shares during the last quarter. CWM LLC increased its holdings in shares of Lattice Semiconductor by 22.2% in the 3rd quarter. CWM LLC now owns 20,616 shares of the semiconductor company’s stock valued at $1,094,000 after acquiring an additional 3,750 shares during the last quarter. Marshall Financial Group LLC increased its holdings in shares of Lattice Semiconductor by 3.5% in the 3rd quarter. Marshall Financial Group LLC now owns 12,862 shares of the semiconductor company’s stock valued at $683,000 after acquiring an additional 436 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Lattice Semiconductor by 218.5% in the 3rd quarter. Blue Trust Inc. now owns 3,660 shares of the semiconductor company’s stock valued at $212,000 after acquiring an additional 2,511 shares during the last quarter. Finally, First Citizens Bank & Trust Co. bought a new stake in shares of Lattice Semiconductor in the 3rd quarter valued at approximately $249,000. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.