Quicklogic Corporation (NASDAQ:QUIK) Move as Institutional Investors’ Sentiment Crashes

June 17, 2018 - By Marie Mckinney

QuickLogic Corporation (NASDAQ:QUIK) Logo

Sentiment for Quicklogic Corporation (NASDAQ:QUIK)

Quicklogic Corporation (NASDAQ:QUIK) institutional sentiment decreased to 0.9 in Q1 2018. Its down -0.24, from 1.14 in 2017Q4. The ratio is negative, as 18 active investment managers increased and opened new stock positions, while 20 sold and decreased positions in Quicklogic Corporation. The active investment managers in our partner’s database now own: 18.00 million shares, up from 16.94 million shares in 2017Q4. Also, the number of active investment managers holding Quicklogic Corporation in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 8 Reduced: 12 Increased: 10 New Position: 8.

QuickLogic Corporation, a fabless semiconductor company, designs, markets, and supports silicon solutions for smartphones, wearable devices, tablets, and the Internet-of-Things . The company has market cap of $126.90 million. It delivers these solutions through ultra-low power customer programmable System on Chip (SoC) semiconductor solutions, embedded software, and algorithm solutions for always-on voice and sensor processing, and enhanced visual experiences. It currently has negative earnings. The companyÂ’s solutions incorporating its EOS S3, ArcticLink III S2, ArcticLink III VX and BX, PolarPro 3, PolarPro II, PolarPro, and Eclipse II solution platforms, packaging, IPs, custom logic, software drivers, and architecture consulting.

The stock increased 10.43% or $0.12 during the last trading session, reaching $1.27. About 667,427 shares traded or 113.03% up from the average. QuickLogic Corporation (NASDAQ:QUIK) has declined 0.80% since June 17, 2017 and is downtrending. It has underperformed by 13.37% the S&P500.

Analysts await QuickLogic Corporation (NASDAQ:QUIK) to report earnings on August, 8. They expect $-0.04 EPS, up 20.00 % or $0.01 from last year’s $-0.05 per share. After $-0.05 actual EPS reported by QuickLogic Corporation for the previous quarter, Wall Street now forecasts -20.00 % EPS growth.

Taylor Frigon Capital Management Llc holds 3.86% of its portfolio in QuickLogic Corporation for 3.26 million shares. Firsthand Capital Management Inc. owns 1.20 million shares or 1.02% of their US portfolio. Moreover, Adirondack Research & Management Inc. has 0.18% invested in the company for 294,775 shares. The Massachusetts-based Frontier Capital Management Co Llc has invested 0.07% in the stock. Malaga Cove Capital Llc, a California-based fund reported 65,100 shares.

Another recent and important QuickLogic Corporation (NASDAQ:QUIK) news was published by Streetinsider.com which published an article titled: “Pre-Open Movers 05/24: (BW) (SMRT) (WSM) Higher; (REPH) (QUIK) (MLNT) Lower (more…)” on May 24, 2018.

QuickLogic Corporation (NASDAQ:QUIK) Institutional Positions Chart

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