QuickLogic Corp. VP Maxime Bouvat-Merlin Sells 5,649 Shares (QUIK)
QuickLogic Corp. (NASDAQ:QUIK) VP Maxime Bouvat-Merlin unloaded 5,649 shares of QuickLogic Corp. stock on the open market in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $4.92, for a total transaction of $27,793.08. Following the completion of the sale, the vice president now directly owns 25,875 shares of the company’s stock, valued at approximately $127,305. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of QuickLogic Corp. (NASDAQ:QUIK) remained flat at $5.02 during trading on Friday. 617,646 shares of the company’s stock traded hands. QuickLogic Corp. has a 1-year low of $2.16 and a 1-year high of $5.67. The stock’s 50-day moving average is $4.21 and its 200-day moving average is $4.39. 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) 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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