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 in a transaction dated Monday, August 25th. The stock was sold at an average price of $3.78, for a total value of $18,790.38. Following 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 is available at this link.
Shares of QuickLogic Corp. (NASDAQ:QUIK) traded up 1.15% during mid-day trading on Friday, hitting $3.429. 118,935 shares of the company’s stock traded hands. 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 $3.80 and a 200-day moving average of $4.52. The company’s market cap is $191.3 million.
QuickLogic Corp. (NASDAQ:QUIK) last released 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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