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TriQuint Semiconductor (NASDAQ:TQNT) VP Todd Debonis sold 12,000 shares of the stock on the open market in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $8.23, for a total transaction of $98,760.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of TriQuint Semiconductor (NASDAQ:TQNT) traded down 0.90% during mid-day trading on Thursday, hitting $8.265. 1,424,179 shares of the company’s stock traded hands. TriQuint Semiconductor has a one year low of $4.31 and a one year high of $8.98. The stock’s 50-day moving average is $7.91 and its 200-day moving average is $7.74. The company’s market cap is $1.327 billion.

TriQuint Semiconductor (NASDAQ:TQNT) last announced its earnings results on Wednesday, October 23rd. The company reported $0.16 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.06. The company had revenue of $250.80 million for the quarter, compared to the consensus estimate of $250.10 million. During the same quarter in the prior year, the company posted $0.02 earnings per share. The company’s quarterly revenue was up 24.9% on a year-over-year basis.

A number of research firms have recently commented on TQNT. Analysts at Zacks downgraded shares of TriQuint Semiconductor from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, October 25th. They now have a $7.50 price target on the stock. Separately, analysts at Charter Equity downgraded shares of TriQuint Semiconductor from a “buy” rating to a “market perform” rating in a research note to investors on Thursday, October 24th. Finally, analysts at Barclays raised their price target on shares of TriQuint Semiconductor from $5.00 to $7.00 in a research note to investors on Tuesday, October 15th. They now have an “equal weight” rating on the stock. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. TriQuint Semiconductor has an average rating of “Hold” and a consensus target price of $7.30.

TriQuint Semiconductor, Inc provides a portfolio of radio frequency (NASDAQ:TQNT) solutions.

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