In a filing, Quicklogic Corp revealed its SR. VP AND CTO SAXE TIMOTHY unloaded Company’s shares for reported $84384.0 on Aug 19 ’24. In the deal valued at $8.44 per share,10,000 shares were sold. As a result of this transaction, SAXE TIMOTHY now holds 104,934 shares worth roughly $0.9 million.
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Then, TIMOTHY SAXE bought 10,000 shares, generating $84,384 in total proceeds.
Before that, Nader Elias sold 1,878 shares. Quicklogic Corp shares valued at $15,122 were divested by the CFO, SVP FINANCE at a price of $8.05 per share. As a result of the transaction, Nader Elias now holds 48,803 shares, worth roughly $0.42 million.
ROTH Capital upgraded its Quicklogic Corp [QUIK] rating to a Buy from a a Neutral in a research note published on May 19, 2021; the price target was increased to $8 from $7. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid August with a ‘”an Outperform”‘ rating. ROTH Capital also remained covering QUIK and reiterated its “Buy” recommendation on January 19, 2018. ROTH Capital revised its rating on September 11, 2017. It rated QUIK as “a Buy” which previously was an “a Neutral”.
Price Performance Review of QUIK
On Tuesday, Quicklogic Corp [NASDAQ:QUIK] saw its stock fall -1.49% to $8.60. Over the last five days, the stock has lost -8.70%. Quicklogic Corp shares have fallen nearly -37.95% since the year began. Nevertheless, the stocks have risen 10.97% over the past one year. While a 52-week high of $20.75 was reached on 03/18/24, a 52-week low of $7.25 was recorded on 08/14/24. SMA at 50 days reached $10.44, while 200 days put it at $12.55.
Levels Of Support And Resistance For QUIK Stock
The 24-hour chart illustrates a support level at 8.39, which if violated will result in even more drops to 8.18. On the upside, there is a resistance level at 8.84. A further resistance level may holdings at 9.08. The Relative Strength Index (RSI) on the 14-day chart is 38.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.39%. Stochastics%K at 32.76% indicates the stock is a holding.
How much short interest is there in Quicklogic Corp?
A steep rise in short interest was recorded in Quicklogic Corp stocks on 2024-07-31, growing by 0.36 million shares to a total of 1.72 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 1.36 million shares. There was a rise of 21.13%, which implies that there is a positive sentiment for the stock.
