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TriQuint Semiconductor (NASDAQ:TQNT) Director Steven Sharp sold 10,000 shares of TriQuint Semiconductor stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $18.73, for a total transaction of $187,300.00. Following the completion of the transaction, the director now directly owns 58,948 shares of the company’s stock, valued at approximately $1,104,096. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

TriQuint Semiconductor (NASDAQ:TQNT) traded down 1.43% on Thursday, hitting $18.61. The stock had a trading volume of 1,966,111 shares. TriQuint Semiconductor has a 52-week low of $6.80 and a 52-week high of $18.95. The stock’s 50-day moving average is $17.15 and its 200-day moving average is $14.16. The company’s market cap is $3.254 billion. TriQuint Semiconductor also was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 5,724,091 shares, an increase of 34.4% from the July 15th total of 4,259,787 shares. Currently, 3.4% of the company’s stock are short sold. Based on an average daily trading volume, of 5,001,758 shares, the short-interest ratio is currently 1.1 days.

TriQuint Semiconductor (NASDAQ:TQNT) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted ($0.07) earnings per share. The company’s quarterly revenue was up 21.4% on a year-over-year basis. On average, analysts predict that TriQuint Semiconductor will post $0.65 earnings per share for the current fiscal year.

TQNT has been the subject of a number of recent research reports. 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 investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $90.18.

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

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