Lattice Semiconductor Corp (NASDAQ:LSCC)’s stock price was down 8% during mid-day trading on Tuesday . The company traded as low as $18.85 and last traded at $19.18, approximately 3,510,863 shares traded hands during trading. An increase of 80% from the average daily volume of 1,954,019 shares. The stock had previously closed at $20.85.

Several research firms have recently commented on LSCC. BidaskClub raised shares of Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a research note on Friday, July 12th. Cowen reissued an “outperform” rating and issued a $21.00 price target (up previously from $18.00) on shares of Lattice Semiconductor in a research report on Wednesday, July 31st. Dougherty & Co reissued a “buy” rating and issued a $20.00 price target (up previously from $18.00) on shares of Lattice Semiconductor in a research report on Wednesday, July 31st. Rosenblatt Securities restated a “buy” rating and issued a $15.00 price target on shares of Lattice Semiconductor in a research note on Monday, May 20th. Finally, Robert W. Baird upped their price objective on Lattice Semiconductor to $18.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 31st. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Lattice Semiconductor presently has an average rating of “Buy” and an average price target of $14.85.

The company’s fifty day moving average is $18.85 and its two-hundred day moving average is $14.81. The stock has a market cap of $2.65 billion, a price-to-earnings ratio of 87.18, a PEG ratio of 3.47 and a beta of 1.31. The company has a quick ratio of 2.30, a current ratio of 3.08 and a debt-to-equity ratio of 0.66.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Tuesday, July 30th. The semiconductor company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.09 by $0.06. Lattice Semiconductor had a net margin of 3.98% and a return on equity of 17.47%. The company had revenue of $102.30 million during the quarter, compared to analysts’ expectations of $99.72 million. During the same quarter in the previous year, the business posted $0.10 EPS. The firm’s revenue was down .4% on a year-over-year basis. Sell-side analysts predict that Lattice Semiconductor Corp will post 0.46 EPS for the current fiscal year.

In other Lattice Semiconductor news, Director James P. Lederer sold 21,919 shares of Lattice Semiconductor stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $20.07, for a total transaction of $439,914.33. Following the completion of the sale, the director now directly owns 44,182 shares of the company’s stock, valued at approximately $886,732.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark Edwin Jensen sold 4,000 shares of Lattice Semiconductor stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $14.38, for a total value of $57,520.00. Following the sale, the director now directly owns 85,697 shares of the company’s stock, valued at $1,232,322.86. The disclosure for this sale can be found here. In the last quarter, insiders have sold 94,226 shares of company stock valued at $1,782,767. Insiders own 0.78% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Marshall Wace North America L.P. increased its stake in Lattice Semiconductor by 679.6% in the first quarter. Marshall Wace North America L.P. now owns 426,868 shares of the semiconductor company’s stock valued at $5,093,000 after purchasing an additional 372,110 shares during the last quarter. Ibex Investors LLC acquired a new stake in Lattice Semiconductor during the 1st quarter worth $175,000. Dynamic Technology Lab Private Ltd purchased a new stake in Lattice Semiconductor in the first quarter valued at $599,000. Sciencast Management LP purchased a new stake in Lattice Semiconductor in the second quarter valued at $277,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Lattice Semiconductor by 152.3% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 24,906 shares of the semiconductor company’s stock valued at $297,000 after acquiring an additional 15,034 shares in the last quarter. Institutional investors and hedge funds own 95.73% of the company’s stock.

About Lattice Semiconductor (NASDAQ:LSCC)

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor technologies in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of five product family lines, including the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices.

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