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TriQuint Semiconductor (NASDAQ:TQNT) Director Steven Sharp sold 10,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $19.07, for a total transaction of $190,700.00. Following the completion of the transaction, the director now directly owns 58,948 shares in the company, valued at approximately $1,124,138. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 research analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $90.18.

TriQuint Semiconductor (NASDAQ:TQNT) traded up 2.54% during mid-day trading on Monday, hitting $19.40. The stock had a trading volume of 3,135,193 shares. TriQuint Semiconductor has a 52-week low of $6.80 and a 52-week high of $19.42. The stock has a 50-day moving average of $17.44 and a 200-day moving average of $14.39. The company’s market cap is $3.392 billion.

TriQuint Semiconductor (NASDAQ:TQNT) last released its 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. Analysts expect that TriQuint Semiconductor will post $0.65 EPS for the current fiscal year.

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

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