Insider Selling: QuickLogic Corp. Director Sells 4,971 Shares of Stock (QUIK)
QuickLogic Corp. (NASDAQ:QUIK) Director Gary H. Tauss sold 4,971 shares of the 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 completion of the transaction, the director now directly owns 12,602 shares in the company, valued at approximately $47,636. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
QuickLogic Corp. (NASDAQ:QUIK) opened at 3.44 on Thursday. QuickLogic Corp. has a one year low of $2.33 and a one year high of $5.67. The stock’s 50-day moving average is $3.84 and its 200-day moving average is $4.53. The company’s market cap is $191.9 million.
QuickLogic Corp. (NASDAQ:QUIK) last issued its earnings data on Wednesday, July 30th. The company reported ($0.04) earnings per share for the quarter, beating the analysts’ 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 last year, the company posted ($0.05) earnings per share. QuickLogic Corp.’s revenue was up 33.3% compared to the same quarter last year. 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.
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