Sei Investments Co. Acquires Shares of 105,212 QuickLogic Corporation $QUIK

Sei Investments Co. bought a new position in QuickLogic Corporation (NASDAQ:QUIK - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm bought 105,212 shares of the semiconductor company's stock, valued at approximately $987,000. Sei Investments Co. owned approximately 0.59% of QuickLogic at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in QUIK. Vanguard Group Inc. grew its position in shares of QuickLogic by 4.6% in the third quarter. Vanguard Group Inc. now owns 655,877 shares of the semiconductor company's stock valued at $3,975,000 after purchasing an additional 28,587 shares in the last quarter. Perkins Capital Management Inc. lifted its position in QuickLogic by 11.2% during the first quarter. Perkins Capital Management Inc. now owns 306,706 shares of the semiconductor company's stock worth $2,877,000 after buying an additional 31,000 shares in the last quarter. Raymond James Financial Inc. lifted its position in QuickLogic by 2.8% during the second quarter. Raymond James Financial Inc. now owns 210,199 shares of the semiconductor company's stock worth $1,295,000 after buying an additional 5,721 shares in the last quarter. Geode Capital Management LLC boosted its stake in QuickLogic by 7.3% during the fourth quarter. Geode Capital Management LLC now owns 169,902 shares of the semiconductor company's stock worth $1,021,000 after buying an additional 11,543 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its stake in QuickLogic by 40.6% during the second quarter. Qube Research & Technologies Ltd now owns 99,576 shares of the semiconductor company's stock worth $613,000 after buying an additional 28,751 shares during the last quarter. 31.54% of the stock is currently owned by institutional investors and hedge funds.

QuickLogic Stock Performance

Shares of QuickLogic stock opened at $13.08 on Thursday. The business has a 50-day moving average of $16.58 and a 200 day moving average of $13.62. QuickLogic Corporation has a 12 month low of $4.80 and a 12 month high of $24.33. The stock has a market capitalization 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 (NASDAQ:QUIK - Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The semiconductor company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.02). The business had revenue of $5.48 million for the quarter, compared to analysts' expectations of $6.00 million. QuickLogic had a negative return on equity of 48.74% and a negative net margin of 80.18%. As a group, sell-side analysts forecast that QuickLogic Corporation will post -0.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Needham & Company LLC cut 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. Weiss Ratings reissued a "sell (d-)" rating on shares of QuickLogic in a research report on Wednesday, June 24th. Lake Street Capital restated a "buy" rating and set a $22.00 price objective (up from $11.00) on shares of QuickLogic in a research report on Wednesday, May 13th. Finally, Wall Street Zen raised shares of QuickLogic from a "sell" rating to a "hold" rating in a research note on Saturday, May 16th. Two investment 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 data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $21.00.

QuickLogic News Summary

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.

Insider Buying and Selling at QuickLogic

In other news, CEO Brian C. Faith sold 41,480 shares of the company's stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $20.45, for a total transaction of $848,266.00. Following the sale, the chief executive officer owned 228,412 shares of the company's stock, valued at approximately $4,671,025.40. This represents a 15.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joyce Kim sold 5,500 shares of the 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 completion of the sale, the director owned 2,140 shares in the company, valued at approximately $42,800. The trade was a 71.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 49,175 shares of company stock valued at $1,000,410 in the last 90 days. Company insiders own 3.20% of the company's stock.

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.

Want to see what other hedge funds are holding QUIK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for QuickLogic Corporation (NASDAQ:QUIK - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source