Lattice Semiconductor (NASDAQ:LSCC) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Lattice Semiconductor (NASDAQ:LSCC) from a sell rating to a hold rating in a research report released on Wednesday.

Other analysts have also issued research reports about the stock. Robert W. Baird upped their target price on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Raymond James decreased their price target on shares of Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. TD Cowen dropped their price objective on Lattice Semiconductor from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Needham & Company LLC boosted their target price on Lattice Semiconductor from $56.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Finally, KeyCorp lifted their price target on Lattice Semiconductor from $54.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, Lattice Semiconductor currently has an average rating of “Moderate Buy” and a consensus target price of $64.58.

Lattice Semiconductor Stock Down 1.6 %

LSCC stock opened at $53.29 on Wednesday. The stock has a 50-day simple moving average of $57.98 and a two-hundred day simple moving average of $53.07. Lattice Semiconductor has a twelve month low of $40.65 and a twelve month high of $85.69. The firm has a market capitalization of $7.35 billion, a PE ratio of 51.74 and a beta of 1.41.

Insider Transactions at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 4,387 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $50.01, for a total transaction of $219,393.87. Following the transaction, the senior vice president now owns 365 shares in the company, valued at approximately $18,253.65. This represents a 92.32 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mark Jon Nelson sold 1,850 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $57.28, for a total value of $105,968.00. Following the completion of the transaction, the senior vice president now owns 83,289 shares of the company’s stock, valued at approximately $4,770,793.92. The trade was a 2.17 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,022 shares of company stock worth $596,502. Company insiders own 1.19% of the company’s stock.

Hedge Funds Weigh In On Lattice Semiconductor

Institutional investors have recently added to or reduced their stakes in the company. TimesSquare Capital Management LLC lifted its position in Lattice Semiconductor by 2,923.4% during the 4th quarter. TimesSquare Capital Management LLC now owns 1,523,545 shares of the semiconductor company’s stock valued at $86,309,000 after acquiring an additional 1,473,154 shares during the period. Barclays PLC lifted its holdings in shares of Lattice Semiconductor by 57.5% during the third quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company’s stock valued at $54,124,000 after purchasing an additional 372,301 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Lattice Semiconductor by 3.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 939,393 shares of the semiconductor company’s stock worth $53,217,000 after purchasing an additional 29,516 shares in the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of Lattice Semiconductor in the 3rd quarter worth approximately $49,297,000. Finally, Stephens Investment Management Group LLC increased its position in Lattice Semiconductor by 12.6% during the 4th quarter. Stephens Investment Management Group LLC now owns 878,367 shares of the semiconductor company’s stock valued at $49,759,000 after buying an additional 98,096 shares in the last quarter. Institutional investors own 98.08% of the company’s stock.

About Lattice Semiconductor

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.