Lattice Semiconductor Target of Unusually High Options Trading (LSCC)

Lattice Semiconductor Corporation (NASDAQ:LSCC) saw unusually large options trading activity on Monday. Stock investors acquired 782 call options on the stock. This represents an increase of approximately 682% compared to the typical daily volume of 100 call options.

LSCC has been the topic of several recent research reports. ValuEngine lowered Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Thursday, February 8th. Zacks Investment Research upgraded Lattice Semiconductor from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. Jefferies Group upgraded Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $7.00 price objective on the stock in a research report on Wednesday, October 18th. Finally, BidaskClub upgraded Lattice Semiconductor from a “sell” rating to a “hold” rating in a research report on Friday, January 19th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $7.00.

A number of institutional investors have recently added to or reduced their stakes in the business. TIAA CREF Investment Management LLC boosted its position in Lattice Semiconductor by 122.8% in the 4th quarter. TIAA CREF Investment Management LLC now owns 697,869 shares of the semiconductor company’s stock worth $4,034,000 after purchasing an additional 384,596 shares in the last quarter. Two Sigma Investments LP boosted its position in Lattice Semiconductor by 281.8% in the 4th quarter. Two Sigma Investments LP now owns 963,791 shares of the semiconductor company’s stock worth $5,571,000 after purchasing an additional 711,384 shares in the last quarter. Two Sigma Advisers LP lifted its position in shares of Lattice Semiconductor by 3,136.5% during the 4th quarter. Two Sigma Advisers LP now owns 402,847 shares of the semiconductor company’s stock valued at $2,328,000 after buying an additional 390,400 shares in the last quarter. Ellington Management Group LLC purchased a new position in shares of Lattice Semiconductor during the 4th quarter valued at approximately $143,000. Finally, Goldman Sachs Group Inc. lifted its position in shares of Lattice Semiconductor by 446.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 4,925,967 shares of the semiconductor company’s stock valued at $28,472,000 after buying an additional 4,025,062 shares in the last quarter. Institutional investors and hedge funds own 84.70% of the company’s stock.

Lattice Semiconductor (NASDAQ LSCC) traded down $0.46 during trading on Wednesday, reaching $5.45. The company’s stock had a trading volume of 1,904,680 shares, compared to its average volume of 1,483,915. 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 has a 1-year low of $5.05 and a 1-year high of $7.55. The stock has a market cap of $741.43, a price-to-earnings ratio of -9.24, a PEG ratio of 1.13 and a beta of 1.58.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings data on Tuesday, February 13th. The semiconductor company reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.02). Lattice Semiconductor had a positive return on equity of 4.39% and a negative net margin of 17.49%. The company had revenue of $95.27 million during the quarter, compared to analysts’ expectations of $94.53 million. During the same quarter in the prior year, the company posted $0.10 EPS. sell-side analysts forecast that Lattice Semiconductor will post 0.05 earnings per share for the current fiscal year.

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About Lattice Semiconductor

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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