Insider Selling: QuickLogic Corp. VP Unloads 5,649 Shares of Stock (QUIK)
QuickLogic Corp. (NASDAQ:QUIK) VP Maxime Bouvat-Merlin unloaded 5,649 shares of the company’s stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $4.92, for a total value of $27,793.08. Following the transaction, the vice president now directly owns 25,875 shares of the company’s stock, valued at approximately $127,305. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
QuickLogic Corp. (NASDAQ:QUIK) remained flat at $5.02 during trading on Friday. The stock had a trading volume of 617,646 shares. QuickLogic Corp. has a 52-week low of $2.16 and a 52-week high of $5.67. The stock has a 50-day moving average of $4.19 and a 200-day moving average of $4.38. The company’s market cap is $276.8 million.
QuickLogic Corp. (NASDAQ:QUIK) last announced its earnings results on Wednesday, April 30th. The company reported ($0.03) earnings per share for the quarter, beating the analysts’ 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.
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