Аналитики снизили целевую цену акций QuickLogic до $20, несмотря на разногласия в рейтингах

QuickLogic (NASDAQ:QUIK – Free Report) had its target price cut by Needham & Company LLC from $22.00 to $20.00 in a research note published on Wednesday morning, MarketBeat.com reports. They currently have a buy rating on the semiconductor company’s stock. Other equities analysts also recently issued research reports about the company. Wall Street Zen upgraded QuickLogic from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Lake Street Capital reaffirmed a “buy” rating and set a $22.00 target price (up from $11.00) on shares of QuickLogic in a research report on Wednesday, May 13th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of QuickLogic in a research report on Wednesday, June 24th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, QuickLogic currently has a consensus rating of “Hold” and an average price target of $21.00. Check Out Our Latest Stock Analysis on QUIK QuickLogic Price Performance QuickLogic (NASDAQ:QUIK – Get Free Report) last released its quarterly earnings data on Tuesday, August 11th. The semiconductor company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.02). The business had revenue of $5.48 million for the quarter, compared to analyst estimates of $6.00 million. QuickLogic had a negative return on equity of 45.22% and a negative net margin of 80.18%. Sell-side analysts anticipate that QuickLogic will post -0.23 earnings per share for the current fiscal year. Insider Activity In other QuickLogic news, Director Gary H. Tauss sold 2,195 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $19.20, for a total value of $42,144.00. Following the completion of the transaction, the director owned 15,908 shares in the company, valued at $305,433.60. This represents a 12.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joyce Kim sold 5,500 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $20.00, for a total value of $110,000.00. Following the sale, the director directly owned 2,140 shares of the company’s stock, valued at approximately $42,800. This represents a 71.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 49,175 shares of company stock valued at $1,000,410 over the last three months. Corporate insiders own 3.20% of the company’s stock. Institutional Trading of QuickLogic Several hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC increased its stake in shares of QuickLogic by 246.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,891 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 4,902 shares during the last quarter. Squarepoint Ops LLC bought a new position in QuickLogic during the fourth quarter valued at $84,000. Jane Street Group LLC purchased a new stake in QuickLogic in the first quarter worth $87,000. Dimensional Fund Advisors LP bought a new stake in shares of QuickLogic in the fourth quarter valued at $102,000. Finally, Cetera Investment Advisers bought a new stake in shares of QuickLogic in the first quarter valued at $111,000. Institutional investors own 31.54% of the company’s stock. QuickLogic Company Profile QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company that specializes in ultra-low power, multi-core sensor processing System-on-Chip (SoC) solutions and embedded field programmable gate array (eFPGA) intellectual property. The company’s products are designed to enable always-on, voice-activated, and vision-driven applications at the edge, delivering a balance of performance, flexibility, and power efficiency. QuickLogic’s technology is often deployed in consumer, mobile, and industrial IoT devices, where minimizing energy consumption is critical. Among QuickLogic’s key offerings is the EOS™ family of sensor processing SoCs, which integrate ARM Cortex-M cores alongside proprietary sensor fusion and neural network engines, coupled with customizable FPGA fabric. Recommended Stories Receive News & Ratings for QuickLogic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QuickLogic and related companies with MarketBeat.com's FREE daily email newsletter.