Quicklogic Corp’s filing revealed that its PRESIDENT AND CEO Faith Brian C unloaded Company’s shares for reported $0.16 million on Dec 05 ’24. In the deal valued at $7.39 per share,21,402 shares were sold. As a result of this transaction, Faith Brian C now holds 193,584 shares worth roughly $2.27 million.
Then, Nader Elias sold 8,711 shares, generating $64,339 in total proceeds. Upon selling the shares at $7.39, the CFO, SVP FINANCE now owns 60,955 shares.
Before that, SAXE TIMOTHY sold 10,886 shares. Quicklogic Corp shares valued at $80,425 were divested by the SR. VP AND CTO at a price of $7.39 per share. As a result of the transaction, SAXE TIMOTHY now holds 117,609 shares, worth roughly $1.38 million.
Northland Capital initiated its Quicklogic Corp [QUIK] rating to an Outperform in a research note published on December 17, 2024; the price target was $11.60. A number of analysts have revised their coverage, including ROTH Capital’s analysts, who increased its forecast for the stock in mid May from “a Neutral” to “a Buy”. Oppenheimer began covering QUIK with “an Outperform” recommendation on August 15, 2019. ROTH Capital maintained its rating on January 19, 2018. It rated QUIK as “a Buy”.
Price Performance Review of QUIK
On Monday, Quicklogic Corp [NASDAQ:QUIK] saw its stock jump 18.76% to $11.71. Over the last five days, the stock has gained 49.36%. Quicklogic Corp shares have fallen nearly -15.51% since the year began. Nevertheless, the stocks have fallen -16.12% over the past one year. While a 52-week high of $20.75 was reached on 03/18/24, a 52-week low of $6.75 was recorded on 11/20/24. SMA at 50 days reached $8.01, while 200 days put it at $10.29.
Levels Of Support And Resistance For QUIK Stock
The 24-hour chart illustrates a support level at 9.75, which if violated will result in even more drops to 7.79. On the upside, there is a resistance level at 13.51. A further resistance level may holdings at 15.32. The Relative Strength Index (RSI) on the 14-day chart is 76.85, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.91, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 27.04%. Stochastics %K at 83.13% indicates the stock is a selling.
How much short interest is there in Quicklogic Corp?
A steep rise in short interest was recorded in Quicklogic Corp stocks on 2024-12-13, dropping by 9168.0 shares to a total of 1.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.6 million shares. There was a decline of -0.58%, which implies that there is a negative sentiment for the stock.
