Craig-Hallum Downgrades Lattice Semiconductor to Hold

Brokerage firm Craig-Hallum Downgrades its rating on Lattice Semiconductor(NASDAQ:LSCC). The shares have been rated Hold. Previously, the analysts had a Buy rating on the shares. The rating by Craig-Hallum was issued on Apr 14, 2016.

In a different note, On Mar 7, 2016, FBR Capital said it Maintains its rating on Lattice Semiconductor. In the research note, the firm Raises the price-target to $7.50 per share. The shares have been rated ‘Outperform’ by the firm. On Mar 1, 2016, FBR Capital said it Maintains its rating on Lattice Semiconductor. In the research note, the firm Raises the price-target to $6.50 per share. The shares have been rated ‘Outperform’ by the firm.

Lattice Semiconductor (LSCC) shares turned negative on Mondays trading session with the shares closing down -0.03 points or -0.53% at a volume of 13,30,281. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $5.73. The peak price level was also seen at $5.73 while the days lowest was $5.54. Finally the shares closed at $5.62. The 52-week high of the shares is $7.07 while the 52-week low is $3.25. According to the latest information available, the market cap of the company is $669 M.

Lattice Semiconductor(LSCC) last announced its earnings results on Feb 17, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $101.29M. Analysts had an estimated revenue of $110.22M. Earnings per share were $-0.04. Analysts had estimated an EPS of $0.04.

Several Insider Transactions has been reported to the SEC. On Dec 30, 2015, Balaji Krishnamurthy (director) sold 10,000 shares at $7.00 per share price.Also, On Dec 2, 2015, Byron Wayne Milstead (VP Corp, General Counsel) sold 7,357 shares at $6.25 per share price.On Aug 18, 2015, Darin G Billerbeck (CEO) purchased 6,000 shares at $4.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Lattice Semiconductor Corporation (Lattice) designs develops and markets programmable logic products and related software. The Company also provides design services customer training field engineering and technical support. The Company has two programmable logic device (PLD) architectures which include field programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs). Its product offerings under new category include LatticeECP5 MachXO3 Power Manager II and iCE40; products under mainstream include ispMACH4000ZE ispMACH 4000/Z LatticeECP2/M LatticeXP2 MachXO ispClock A/D/S and Software and IP and products under mature include ispXPLD FPSC ORCA 2 ORCA 3 ORCA 4 ispPAC ispLSI 8000V ispMACH 5000B ispMACH 2LV ispMACH 5LV ispLSI 2000V ispLSI 5000V ispMACH 5000VG 5-volt CPLDs ispGDX2 GDX/V ispMACH 4/LV iCE65 ispClock Power Manager I SPLDs LatticeECP and LatticeXP. It also includes Silicon Image Top Solutions and Silicon Image IP Cores.

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