Lattice Semiconductor (NASDAQ:LSCC) Stock Rating Lowered by Wall Street Zen

Lattice Semiconductor (NASDAQ:LSCC) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

A number of other equities analysts also recently weighed in on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Monday, December 29th. Susquehanna boosted their price objective on Lattice Semiconductor from $85.00 to $100.00 and gave the company a “positive” rating in a research note on Thursday, January 22nd. KeyCorp raised their target price on Lattice Semiconductor from $85.00 to $95.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Royal Bank Of Canada initiated coverage on Lattice Semiconductor in a research note on Wednesday, January 14th. They issued an “outperform” rating and a $105.00 price target on the stock. Finally, Williams Trading set a $82.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $82.38.

Lattice Semiconductor Price Performance

LSCC opened at $86.41 on Friday. Lattice Semiconductor has a fifty-two week low of $34.69 and a fifty-two week high of $89.92. The company’s 50 day moving average price is $79.56 and its two-hundred day moving average price is $70.63. The firm has a market capitalization of $11.82 billion, a price-to-earnings ratio of 432.07, a PEG ratio of 3.52 and a beta of 1.70.

Insider Activity at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 9,965 shares of the firm’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $73.44, for a total value of $731,829.60. Following the transaction, the senior vice president directly owned 61,740 shares of the company’s stock, valued at approximately $4,534,185.60. This trade represents a 13.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Tonya Stevens sold 2,593 shares of the business’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $66.75, for a total transaction of $173,082.75. Following the sale, the chief accounting officer directly owned 74,505 shares of the company’s stock, valued at approximately $4,973,208.75. The trade was a 3.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 19,105 shares of company stock valued at $1,369,590. 1.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Lattice Semiconductor

A number of hedge funds have recently added to or reduced their stakes in the stock. iSAM Funds UK Ltd bought a new stake in Lattice Semiconductor during the third quarter worth $25,000. V Square Quantitative Management LLC purchased a new position in Lattice Semiconductor during the 4th quarter worth $27,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Lattice Semiconductor in the 3rd quarter worth $31,000. Caitlin John LLC purchased a new stake in shares of Lattice Semiconductor in the third quarter valued at about $34,000. Finally, Advisory Services Network LLC bought a new position in shares of Lattice Semiconductor during the third quarter valued at about $34,000. Institutional investors and hedge funds own 98.08% of the company’s stock.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.

The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.