Lattice Semiconductor (LSCC) is Downgraded by Craig Hallum to Hold

Lattice Semiconductor (LSCC) was Downgraded by Craig Hallum to ” Hold”. Earlier the firm had a rating of “Buy ” on the company shares. Craig Hallum advised their investors in a research report released on Apr 14, 2016.

Many Wall Street Analysts have commented on Lattice Semiconductor. Company shares were Reiterated by FBR Capital on Feb 29, 2016 to “Outperform”, Firm has raised the Price Target to $ 7.50 from a previous price target of $6.50 .Company shares were Reiterated by FBR Capital on Feb 18, 2016 to “Outperform”, Firm has raised the Price Target to $ 6.50 from a previous price target of $6 .

On the company’s financial health, Lattice Semiconductor reported $-0.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Feb 17, 2016. Analyst had a consensus of $-0.13. The company had revenue of $101.19 million for the quarter, compared to analysts expectations of $110.33 million. The company’s revenue was up 21.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.03 EPS.

Lattice Semiconductor opened for trading at $5.41 and hit $5.5262 on the upside on Monday, eventually ending the session at $5.39, with a gain of 0.37% or 0.02 points. The heightened volatility saw the trading volume jump to 7,85,314 shares. Company has a market cap of $641 M.

In a different news, on Dec 30, 2015, Balaji Krishnamurthy (director) sold 10,000 shares at $7.00 per share price. According to the SEC, 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.

Lattice Semiconductor

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