QuickLogic Corp. Director Gary H. Tauss Sells 4,000 Shares (QUIK)
QuickLogic Corp. (NASDAQ:QUIK) Director Gary H. Tauss unloaded 4,000 shares of QuickLogic Corp. stock on the open market in a transaction dated Thursday, May 29th. The shares were sold at an average price of $4.14, for a total transaction of $16,560.00. Following the sale, the director now directly owns 12,602 shares in the company, valued at approximately $52,172. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of QuickLogic Corp. (NASDAQ:QUIK) traded down 2.29% on Friday, hitting $4.26. 356,687 shares of the company’s stock traded hands. QuickLogic Corp. has a 1-year low of $2.11 and a 1-year high of $5.67. The stock’s 50-day moving average is $4.23 and its 200-day moving average is $4.33. The company’s market cap is $234.9 million.
QuickLogic Corp. (NASDAQ:QUIK) last posted its earnings results on Wednesday, April 30th. The company reported ($0.03) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.04) by $0.01. The company had revenue of $11.20 million for the quarter, compared to the consensus estimate of $10.10 million. Analysts expect that QuickLogic Corp. will post $-0.19 EPS for the current fiscal year.
QuickLogic Corporation develops and markets semiconductor solutions. It is a fabless semiconductor company that designs, markets and supports primarily Customer Specific Standard Products (NASDAQ:QUIK), and Field Programmable Gate Arrays (FPGAs), associated design software and programming hardware.
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