TriQuint Semiconductor VP Todd Debonis Unloads 12,000 Shares (TQNT)
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, January 13th. The shares were sold at an average price of $8.22, for a total value of $98,640.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
TriQuint Semiconductor (NASDAQ:TQNT) traded up 3.54% during mid-day trading on Tuesday, hitting $8.521. 1,676,876 shares of the company’s stock traded hands. TriQuint Semiconductor has a 52 week low of $4.31 and a 52 week high of $8.98. The stock has a 50-day moving average of $8.11 and a 200-day moving average of $7.82. The company’s market cap is $1.369 billion.
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. 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. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $7.75.
TriQuint Semiconductor, Inc provides a portfolio of radio frequency (NASDAQ:TQNT) solutions.
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