Lattice Semiconductor Corporation (NASDAQ:LSCC) announced its quarterly earnings data on Tuesday. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by $0.07, Morningstar.com reports. Lattice Semiconductor Corporation had a negative net margin of 9.57% and a positive return on equity of 3.72%.

Lattice Semiconductor Corporation (NASDAQ:LSCC) opened at 6.75 on Wednesday. Lattice Semiconductor Corporation has a 1-year low of $5.63 and a 1-year high of $7.99. The stock’s market cap is $824.72 million. The stock has a 50 day moving average price of $6.71 and a 200 day moving average price of $6.90.

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A number of research analysts have issued reports on LSCC shares. Jefferies Group LLC reiterated a “hold” rating and set a $8.30 price objective on shares of Lattice Semiconductor Corporation in a research note on Thursday, April 27th. Zacks Investment Research upgraded Lattice Semiconductor Corporation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 19th.

In related news, Director Robin Ann Abrams sold 9,091 shares of the firm’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $7.00, for a total value of $63,637.00. Following the completion of the transaction, the director now owns 82,035 shares in the company, valued at approximately $574,245. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.79% of the company’s stock.

A number of institutional investors have recently modified their holdings of LSCC. First Interstate Bank raised its position in shares of Lattice Semiconductor Corporation by 1.7% in the first quarter. First Interstate Bank now owns 30,453 shares of the semiconductor company’s stock worth $211,000 after buying an additional 500 shares during the period. Principal Financial Group Inc. raised its position in shares of Lattice Semiconductor Corporation by 2.3% in the first quarter. Principal Financial Group Inc. now owns 22,916 shares of the semiconductor company’s stock worth $159,000 after buying an additional 510 shares during the period. Legal & General Group Plc raised its position in shares of Lattice Semiconductor Corporation by 2.7% in the second quarter. Legal & General Group Plc now owns 43,266 shares of the semiconductor company’s stock worth $288,000 after buying an additional 1,148 shares during the period. Pinnacle Associates Ltd. raised its position in shares of Lattice Semiconductor Corporation by 2.2% in the first quarter. Pinnacle Associates Ltd. now owns 87,750 shares of the semiconductor company’s stock worth $607,000 after buying an additional 1,900 shares during the period. Finally, OppenheimerFunds Inc. raised its position in shares of Lattice Semiconductor Corporation by 1.9% in the first quarter. OppenheimerFunds Inc. now owns 120,676 shares of the semiconductor company’s stock worth $835,000 after buying an additional 2,295 shares during the period. Institutional investors own 86.59% 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.

Earnings History for Lattice Semiconductor Corporation (NASDAQ:LSCC)

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