The stock of Lattice Semiconductor (NASDAQ:LSCC) is a huge mover today! About 1.80M shares traded hands or 20.81% up from the average. Lattice Semiconductor (NASDAQ:LSCC) has risen 7.61% since March 1, 2016 and is uptrending. It has underperformed by 1.63% the S&P500.
The move comes after 7 months positive chart setup for the $765.45 million company. It was reported on Oct, 4 by Barchart.com. We have $9.15 PT which if reached, will make NASDAQ:LSCC worth $313.83 million more.
Analysts await Lattice Semiconductor (NASDAQ:LSCC) to report earnings on November, 3. They expect $0.04 EPS, up 150.00% or $0.12 from last year’s $-0.08 per share. LSCC’s profit will be $4.72 million for 40.56 P/E if the $0.04 EPS becomes a reality. After $-0.03 actual EPS reported by Lattice Semiconductor for the previous quarter, Wall Street now forecasts -233.33% EPS growth.
Lattice Semiconductor (NASDAQ:LSCC) Ratings Coverage
Out of 4 analysts covering Lattice Semiconductor (NASDAQ:LSCC), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Lattice Semiconductor has been the topic of 7 analyst reports since August 4, 2015 according to StockzIntelligence Inc. FBR Capital maintained Lattice Semiconductor (NASDAQ:LSCC) rating on Thursday, February 18. FBR Capital has “Outperform” rating and $6.50 price target. FBR Capital maintained the stock with “Outperform” rating in Monday, March 7 report. Jefferies maintained Lattice Semiconductor (NASDAQ:LSCC) rating on Wednesday, August 10. Jefferies has “Buy” rating and $6.75 price target. Susquehanna initiated the stock with “Positive” rating in Tuesday, September 20 report. The stock of Lattice Semiconductor (NASDAQ:LSCC) earned “Hold” rating by Craig Hallum on Thursday, April 14. The stock of Lattice Semiconductor (NASDAQ:LSCC) has “Hold” rating given on Tuesday, August 4 by Zacks.
According to Zacks Investment Research, “Lattice Semiconductor Corporation designs, develops and markets high performance programmable logic devices and related development system software. Programmable logic devices are standard smiconductor components that can be configured by the end customer as specific logic functions, enabling shorter design cycle times and reduced developpment costs.”
Insitutional Activity: The institutional sentiment decreased to 1.02 in 2016 Q2. Its down 0.39, from 1.41 in 2016Q1. The ratio dived, as 18 funds sold all Lattice Semiconductor shares owned while 30 reduced positions. 11 funds bought stakes while 38 increased positions. They now own 93.79 million shares or 2.57% less from 96.27 million shares in 2016Q1.
The California-based Blackrock Fund Advsrs has invested 0% in Lattice Semiconductor (NASDAQ:LSCC). The Massachusetts-based Rhumbline Advisers has invested 0% in Lattice Semiconductor (NASDAQ:LSCC). Peak6 Investments Lp holds 0% or 30,690 shares in its portfolio. Royal National Bank Of Canada has 0% invested in the company for 25,728 shares. Moreover, Kennedy Cap Mngmt Incorporated has 0.27% invested in Lattice Semiconductor (NASDAQ:LSCC) for 2.53 million shares. Verition Fund Mgmt Limited Liability Company, a Connecticut-based fund reported 73,100 shares. Great West Life Assurance Co Can accumulated 25,898 shares or 0% of the stock. Hilltop Hldgs last reported 300,700 shares in the company. Nwq Investment Management Ltd Llc accumulated 14.32 million shares or 1.32% of the stock. Tiaa Cref Invest Mgmt Ltd holds 0% or 365,901 shares in its portfolio. Swiss State Bank accumulated 201,800 shares or 0% of the stock. Schwab Charles Management Inc has 0% invested in the company for 401,184 shares. Manufacturers Life Insur Co The holds 0% or 81,257 shares in its portfolio. Susquehanna Interest Group Incorporated Llp holds 0% or 26,050 shares in its portfolio. Frontier Comm Ltd has 5.07M shares for 0.22% of their US portfolio.
Insider Transactions: Since May 17, 2016, the stock had 0 insider purchases, and 1 insider sale for $57,928 net activity. Milstead Byron Wayne had sold 10,992 shares worth $57,928 on Tuesday, May 17.
More notable recent Lattice Semiconductor (NASDAQ:LSCC) news were published by: Oregonlive.com which released: “Lattice Semiconductor shares jump on report of deal with Apple” on February 18, 2016, also Fool.com with their article: “Why Lattice Semiconductor Corporation Shares Jumped Today” published on May 10, 2016, Thestreet.com published: “Here’s Why Lattice Semiconductor (LSCC) Stock Is Surging Today” on December 29, 2015. More interesting news about Lattice Semiconductor (NASDAQ:LSCC) were released by: Oregonlive.com and their article: “Chinese buyer eyes Portland-based Lattice Semiconductor, report says” published on February 29, 2016 as well as Oregonlive.com‘s news article titled: “Chinese company buys stake in Portland’s Lattice Semiconductor; stock soars” with publication date: April 13, 2016.
LSCC Company Profile
Lattice Semiconductor Corporation, incorporated on March 1, 1985, is engaged in providing connectivity solutions. The Company’s end-market industries range from consumer electronics to industrial equipment, communications infrastructure and licensing. The Firm operates through two divisions: the core Lattice (Core) business, which includes intellectual property and semiconductor devices, and Qterics, a software-as-a-service business unit in the Lattice legal entity structure. The Firm offers three types of semiconductor devices, including Programmable Logic Device (PLDs), Video Connectivity application specific standard products (ASSPs), and millimeterWave devices.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.