QuickLogic (NASDAQ:QUIK) Stock Price Crosses Above 200-Day Moving Average - What's Next?

Key Points

• QuickLogic crossed above its 200-day moving average, trading as high as $14.73 and last at $14.10 versus a 200‑day MA of $7.99, signaling a notable technical move.
• Analyst sentiment is mixed: two Buys, one Hold and one Sell leave a consensus “Hold” and $10.50 target, which is below the current market price.
• The company still shows weak fundamentals with negative EPS (missed the last quarter), large negative margins and a market cap of about $249.9M, while insiders have trimmed holdings (sales executed under a Rule 10b5‑1 plan) and institutions own roughly 31.5%.

QuickLogic Corporation (NASDAQ:QUIK - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.99 and traded as high as $14.73. QuickLogic shares last traded at $14.10, with a volume of 484,552 shares.

Wall Street Analysts Forecast Growth

QUIK has been the subject of a number of analyst reports. Weiss Ratings reiterated a "sell (d-)" rating on shares of QuickLogic in a research report on Friday, March 27th. Lake Street Capital started coverage on QuickLogic in a research note on Monday, February 9th. They issued a "buy" rating and a $10.00 price target for the company. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, QuickLogic has an average rating of "Hold" and a consensus target price of $10.50.

QuickLogic Trading Up 4.4%

The company's 50-day moving average price is $10.05 and its 200-day moving average price is $7.99. The firm has a market cap of $249.85 million, a price-to-earnings ratio of -15.67 and a beta of 0.59. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.04.

QuickLogic (NASDAQ:QUIK - Get Free Report) last released its quarterly earnings results on Tuesday, March 3rd. The semiconductor company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.06). QuickLogic had a negative return on equity of 47.54% and a negative net margin of 107.70%.The company had revenue of $3.73 million for the quarter, compared to analyst estimates of $3.50 million. Equities analysts expect that QuickLogic Corporation will post -0.2 EPS for the current fiscal year.

Insider Activity

In related news, Director Michael J. Farese sold 4,800 shares of the business's stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $11.71, for a total transaction of $56,208.00. Following the completion of the sale, the director directly owned 30,540 shares in the company, valued at approximately $357,623.40. The trade was a 13.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 17,294 shares of company stock valued at $172,515 over the last quarter. Insiders own 3.20% of the company's stock.

Institutional Investors Weigh In On QuickLogic

Hedge funds have recently modified their holdings of the business. Prospera Financial Services Inc boosted its position in QuickLogic by 8.9% during the third quarter. Prospera Financial Services Inc now owns 17,050 shares of the semiconductor company's stock worth $103,000 after acquiring an additional 1,400 shares during the last quarter. Captrust Financial Advisors raised its holdings in QuickLogic by 4.5% in the 4th quarter. Captrust Financial Advisors now owns 35,618 shares of the semiconductor company's stock valued at $214,000 after acquiring an additional 1,547 shares during the last quarter. Perkins Capital Management Inc. lifted its stake in QuickLogic by 1.0% in the 3rd quarter. Perkins Capital Management Inc. now owns 204,956 shares of the semiconductor company's stock worth $1,242,000 after purchasing an additional 2,000 shares in the last quarter. State Street Corp boosted its holdings in shares of QuickLogic by 5.0% during the 4th quarter. State Street Corp now owns 65,056 shares of the semiconductor company's stock worth $391,000 after purchasing an additional 3,100 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings 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. 31.54% of the stock is currently owned by institutional investors and hedge funds.

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.

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