Lattice Semiconductor Corp. (NASDAQ:LSCC) shares dropped 2.6% on Friday . The stock traded as low as $5.95 and last traded at $5.98, with a volume of 823,353 shares. The stock had previously closed at $6.14.

LSCC has been the topic of several recent analyst reports. Zacks Investment Research raised shares of Lattice Semiconductor Corp. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 20th. FBR & Co restated a “buy” rating and set a $7.50 target price on shares of Lattice Semiconductor Corp. in a report on Thursday, April 14th. Craig Hallum downgraded shares of Lattice Semiconductor Corp. from a “buy” rating to a “hold” rating in a report on Thursday, April 14th. Finally, TheStreet upgraded shares of Lattice Semiconductor Corp. from a “sell” rating to a “hold” rating in a report on Monday, May 9th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $7.06.

The company’s market cap is $716.30 million. The company has a 50 day moving average of $5.73 and a 200 day moving average of $5.53.

Lattice Semiconductor Corp. (NASDAQ:LSCC) last released its quarterly earnings data on Monday, May 9th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.01). During the same period in the prior year, the company earned $0.03 EPS. The firm earned $96.50 million during the quarter, compared to analyst estimates of $97.88 million. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. Analysts anticipate that Lattice Semiconductor Corp. will post $0.33 earnings per share for the current fiscal year.

In other news, VP Byron Wayne Milstead sold 10,992 shares of the company’s stock in a transaction that occurred on Tuesday, May 17th. The stock was sold at an average price of $5.27, for a total value of $57,927.84. Following the completion of the transaction, the vice president now owns 14,015 shares of the company’s stock, valued at $73,859.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Other hedge funds recently made changes to their positions in the company. Rhumbline Advisers boosted its stake in shares of Lattice Semiconductor Corp. by 3.7% in the fourth quarter. Rhumbline Advisers now owns 158,417 shares of the company’s stock valued at $1,025,000 after buying an additional 5,615 shares during the last quarter. California State Teachers Retirement System boosted its stake in shares of Lattice Semiconductor Corp. by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 216,469 shares of the company’s stock valued at $1,401,000 after buying an additional 3,843 shares during the last quarter. Finally, Paradigm Capital Management Inc. NY boosted its stake in shares of Lattice Semiconductor Corp. by 1.9% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 2,007,400 shares of the company’s stock valued at $12,988,000 after buying an additional 37,600 shares during the last quarter.

Lattice Semiconductor Corporation is engaged in providing connectivity solutions. The Company operates through two segments: 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.