QuickLogic Corp. Director Sells $18,790 in Stock (QUIK)
QuickLogic Corp. (NASDAQ:QUIK) Director Gary H. Tauss sold 4,971 shares of QuickLogic Corp. stock on the open market in a transaction dated Monday, August 25th. The stock was sold at an average price of $3.78, for a total transaction of $18,790.38. Following the transaction, the director now directly owns 12,602 shares in the company, valued at approximately $47,636. The sale was disclosed in a legal filing with the SEC, which is available at this link.
QuickLogic Corp. (NASDAQ:QUIK) traded up 0.86% on Wednesday, hitting $3.50. The stock had a trading volume of 365,533 shares. QuickLogic Corp. has a 52 week low of $2.33 and a 52 week high of $5.67. The stock has a 50-day moving average of $3.88 and a 200-day moving average of $4.54. The company’s market cap is $195.2 million.
QuickLogic Corp. (NASDAQ:QUIK) last issued its quarterly earnings data on Wednesday, July 30th. The company reported ($0.04) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.06) by $0.02. The company had revenue of $6.80 million for the quarter, compared to the consensus estimate of $6.50 million. During the same quarter in the prior year, the company posted ($0.05) earnings per share. The company’s quarterly revenue was up 33.3% on a year-over-year basis. Analysts expect that QuickLogic Corp. will post $-0.21 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.