Insider Selling: QuickLogic Corp. Director Unloads 4,000 Shares of Stock (QUIK)
QuickLogic Corp. (NASDAQ:QUIK) Director Gary H. Tauss sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $4.14, for a total value of $16,560.00. Following the sale, the director now directly owns 12,602 shares of the company’s stock, valued at approximately $52,172. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 one year low of $2.11 and a one year high of $5.67. The stock has a 50-day moving average of $4.23 and a 200-day moving average of $4.33. The company’s market cap is $234.9 million.
QuickLogic Corp. (NASDAQ:QUIK) last issued its quarterly earnings data on Wednesday, April 30th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the 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. On average, analysts predict that QuickLogic Corp. will post $-0.19 earnings per share 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.