The Sr. VP and CTO of QuickLogic (QUIK) is Buying Shares


Today, the Sr. VP and CTO of QuickLogic (QUIK), Timothy Saxe, bought shares of QUIK for $5,550.

This recent transaction increases Timothy Saxe’s holding in the company by 5.19% to a total of $112.7K. In addition to Timothy Saxe, 2 other QUIK executives reported Buy trades in the last month.

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Based on QuickLogic’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $3.23 million and GAAP net loss of $3.07 million. In comparison, last year the company earned revenue of $2.98 million and had a GAAP net loss of $3.41 million. Currently, QuickLogic has an average volume of 231.4K.

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QuickLogic Corp. operates as a semiconductor company that designs, markets, and supports primarily Customer Specific Standard Products and secondarily, Field Programmable Gate Arrays, sensor software algorithms, software drivers, associated design software and programming hardware.

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