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TriQuint Semiconductor (NASDAQ:TQNT) Director Steven Sharp unloaded 10,000 shares of the stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $18.41, for a total transaction of $184,100.00. Following the transaction, the director now directly owns 58,948 shares in the company, valued at approximately $1,085,233. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

A number of research firms have recently commented on TQNT. Analysts at Zacks upgraded shares of TriQuint Semiconductor from a “neutral” rating to an “outperform” rating in a research note on Thursday, July 31st. They now have a $23.00 price target on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of TriQuint Semiconductor from $15.00 to $20.00 in a research note on Friday, July 25th. They now have a “hold” rating on the stock. Finally, analysts at Brean Capital raised their price target on shares of TriQuint Semiconductor from $20.00 to $23.50 in a research note on Friday, July 25th. They now have a “buy” rating on the stock. One analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $90.18.

TriQuint Semiconductor (NASDAQ:TQNT) traded down 2.47% during mid-day trading on Tuesday, hitting $18.17. 2,814,817 shares of the company’s stock traded hands. TriQuint Semiconductor has a one year low of $6.80 and a one year high of $18.86. The stock’s 50-day moving average is $16.7 and its 200-day moving average is $13.75. The company’s market cap is $3.177 billion.

TriQuint Semiconductor (NASDAQ:TQNT) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.07 by $0.06. The company had revenue of $230.80 million for the quarter, compared to the consensus estimate of $218.61 million. During the same quarter last year, the company posted ($0.07) earnings per share. TriQuint Semiconductor’s revenue was up 21.4% compared to the same quarter last year. On average, analysts predict that TriQuint Semiconductor will post $0.65 earnings per share for the current fiscal year.

TriQuint Semiconductor, Inc provides a portfolio of radio frequency (NASDAQ:TQNT) solutions.

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