Sei Investments Co. bought a new stake in QuickLogic Corporation (NASDAQ:QUIK – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 105,212 shares of the semiconductor company’s stock, valued at approximately $987,000.
A number of other institutional investors also recently added to or reduced their stakes in the company. Perkins Capital Management Inc. grew its position in shares of QuickLogic by 34.5% in the 4th quarter. Perkins Capital Management Inc. now owns 275,706 shares of the semiconductor company’s stock valued at $1,657,000 after buying an additional 70,750 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of QuickLogic during the 4th quarter valued at about $102,000. Goldman Sachs Group Inc. increased its holdings in QuickLogic by 25.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 33,882 shares of the semiconductor company’s stock worth $204,000 after purchasing an additional 6,974 shares in the last quarter. Geode Capital Management LLC lifted its stake in QuickLogic by 7.3% in the fourth quarter. Geode Capital Management LLC now owns 169,902 shares of the semiconductor company’s stock valued at $1,021,000 after buying an additional 11,543 shares during the period. Finally, Prospera Financial Services Inc boosted its holdings in shares of QuickLogic by 59.5% during the 4th quarter. Prospera Financial Services Inc now owns 27,200 shares of the semiconductor company’s stock worth $163,000 after buying an additional 10,150 shares in the last quarter. Hedge funds and other institutional investors own 31.54% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on QUIK. Wall Street Zen upgraded shares of QuickLogic from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Lake Street Capital reiterated a “buy” rating and set a $22.00 price objective (up from $11.00) on shares of QuickLogic in a report on Wednesday, May 13th. Needham & Company LLC reduced their target price on QuickLogic from $22.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of QuickLogic in a research report on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $21.00.
Insiders Place Their Bets
In related news, Director Gary H. Tauss sold 2,195 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $19.20, for a total transaction of $42,144.00. Following the completion of the sale, the director directly owned 15,908 shares of the company’s stock, valued at approximately $305,433.60. This trade represents a 12.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Brian C. Faith sold 41,480 shares of QuickLogic stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $20.45, for a total value of $848,266.00. Following the sale, the chief executive officer owned 228,412 shares in the company, valued at $4,671,025.40. This trade represents a 15.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 49,175 shares of company stock valued at $1,000,410 in the last 90 days. 3.20% of the stock is currently owned by corporate insiders.
QuickLogic Stock Performance
NASDAQ QUIK opened at $13.08 on Thursday. The company has a fifty day moving average price of $16.58 and a 200-day moving average price of $13.62. The firm has a market cap of $238.45 million, a price-to-earnings ratio of -16.99 and a beta of 1.24. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.68 and a quick ratio of 1.53. QuickLogic Corporation has a 1 year low of $4.80 and a 1 year high of $24.33.
QuickLogic (NASDAQ:QUIK – Get Free Report) last released its quarterly earnings results on Tuesday, August 11th. The semiconductor company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). QuickLogic had a negative net margin of 80.18% and a negative return on equity of 48.74%. The firm had revenue of $5.48 million for the quarter, compared to the consensus estimate of $6.00 million. As a group, equities research analysts predict that QuickLogic Corporation will post -0.23 EPS for the current fiscal year.
Key Headlines Impacting QuickLogic
Here are the key news stories impacting QuickLogic this week:
- Positive Sentiment: QuickLogic reported Q2 revenue of approximately $5.5 million, up 49% year over year, driven by a 60% increase in new-product revenue. Gross margin also improved substantially to 43.9% from 25.9% a year earlier. QuickLogic Q2 revenue rises 49% to $5.5 million
- Positive Sentiment: Management forecast 2026 growth of 70% to 80% and said it expects non-GAAP profitability and positive operating cash flow in the second half of the year. Recent developments include eFPGA intellectual-property evaluation work, new packaging for OTP discrete FPGAs and shipments of the RadPro FPGA Development Kit. QuickLogic forecasts 70% to 80% 2026 growth
- Positive Sentiment: Needham maintained a “buy” rating, although it reduced its price target to $20 from $22, still implying substantial potential upside based on the cited reference price. Needham price target update
- Neutral Sentiment: The earnings call highlighted QuickLogic’s growth initiatives and path toward profitability, but investors may require evidence that anticipated contracts and product programs convert into revenue. QuickLogic Q2 FY2026 earnings call transcript
- Negative Sentiment: QuickLogic reported an adjusted loss of $0.06 per share versus the expected $0.04 loss, while revenue of $5.48 million fell short of the $6.00 million consensus estimate. A delayed contract added to concerns about near-term execution. QuickLogic stock falls after Q2 earnings miss
- Negative Sentiment: QuickLogic remains unprofitable, and reported insider activity showed selling without purchases over the past six months, potentially adding to investor caution.
About QuickLogic
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.
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