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Director Michael J. Farese of Quicklogic Corp (NASDAQ:QUIK) sold 1,813 shares of common stock on March 17, 2026, at a price of $9.91, for a total transaction value of $17966. The sale comes as the stock trades near its InvestingPro 52-week high of $10.14, following a remarkable 51% gain over the past year.
Following the transaction, Farese directly owns 39,340 shares of Quicklogic. The sale was executed under a Rule 10b5-1 trading plan adopted on August 21, 2025. According to InvestingPro analysis, the stock appears overvalued at current levels. Investors can access 13 additional ProTips and comprehensive financial metrics through the detailed Pro Research Report available for QUIK.
In other recent news, QuickLogic Corporation reported its Q4 2025 earnings, which fell short of analyst expectations. The company posted an earnings per share of -$0.17, significantly missing the forecasted -$0.03. Revenue also did not meet projections, coming in at $3.7 million compared to the anticipated $5.2 million. In addition to its earnings report, QuickLogic announced a mid-six-figure contract to enhance its embedded FPGA Hard IP for a customer ASIC using Intel 18A technology. The enhancements aim to reduce power consumption, increase performance, and decrease the silicon area required for high-density eFPGA cores. These improvements are designed to be applicable across all advanced fabrication nodes. While the earnings report raised concerns among investors, the new contract highlights ongoing developments in QuickLogic’s technology offerings.
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