SG Americas Securities LLC lowered its holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC) by 20.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 86,764 shares of the semiconductor company’s stock after selling 21,996 shares during the period. SG Americas Securities LLC owned approximately 0.07% of Lattice Semiconductor worth $452,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Amalgamated Bank increased its holdings in Lattice Semiconductor by 7.5% during the 2nd quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock worth $105,000 after acquiring an additional 1,102 shares during the period. BNP Paribas Arbitrage SA increased its holdings in Lattice Semiconductor by 723.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 20,608 shares of the semiconductor company’s stock worth $137,000 after acquiring an additional 18,105 shares during the period. FNY Partners Fund LP increased its holdings in Lattice Semiconductor by 100.8% during the 2nd quarter. FNY Partners Fund LP now owns 25,900 shares of the semiconductor company’s stock worth $172,000 after acquiring an additional 13,000 shares during the period. Bluefin Trading LLC bought a new stake in Lattice Semiconductor during the 2nd quarter worth approximately $176,000. Finally, Legal & General Group Plc increased its holdings in Lattice Semiconductor by 2.7% during the 2nd quarter. Legal & General Group Plc now owns 43,266 shares of the semiconductor company’s stock worth $288,000 after acquiring an additional 1,148 shares during the period. 85.71% of the stock is currently owned by institutional investors.
A number of research firms recently weighed in on LSCC. Zacks Investment Research lowered shares of Lattice Semiconductor from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 19th. Craig Hallum reaffirmed a “hold” rating and set a $6.00 target price (down previously from $8.30) on shares of Lattice Semiconductor in a report on Thursday, September 14th. Jefferies Group raised shares of Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $7.00 target price on the stock in a report on Wednesday, October 18th. Robert W. Baird reissued a “hold” rating and issued a $8.00 price target on shares of Lattice Semiconductor in a report on Sunday, September 17th. Finally, ValuEngine lowered shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Monday, September 18th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $7.00.
Lattice Semiconductor Corporation (NASDAQ:LSCC) opened at $5.76 on Wednesday. The company has a market cap of $698.25, a price-to-earnings ratio of 63.00, a PEG ratio of 6.08 and a beta of 1.57. Lattice Semiconductor Corporation has a twelve month low of $5.05 and a twelve month high of $7.55. The company has a quick ratio of 1.60, a current ratio of 2.20 and a debt-to-equity ratio of 1.28.
Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Tuesday, November 7th. The semiconductor company reported $0.04 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.05. The firm had revenue of $91.97 million for the quarter, compared to analyst estimates of $92.00 million. Lattice Semiconductor had a negative net margin of 17.49% and a positive return on equity of 4.39%. During the same quarter in the prior year, the firm earned $0.05 EPS. equities research analysts expect that Lattice Semiconductor Corporation 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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