QuickLogicQUIK
Market Cap: $102M
About: QuickLogic Corp provides programmable silicon and software platforms to enable its customers to develop custom hardware products in a fast time-to-market and cost-effective way. QuickLogic is a fabless semiconductor company with a product range: embedded FPGA (eFPGA) intellectual property (IP), low power, multi-core semiconductor system-on-chips (SoCs), discrete FPGAs, and AI software. The full range of platforms, software tools, and eFPGA IP enables the practical and efficient adoption of AI, voice, and sensor processing across Aerospace, and Defense, Consumer/Industrial IoT, and Consumer Electronics markets.
Employees: 49
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
1% more funds holding
Funds holding: 72 [Q1] → 73 (+1) [Q2]
4% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 25
1.89% less ownership
Funds ownership: 32.97% [Q1] → 31.09% (-1.89%) [Q2]
39% less capital invested
Capital invested by funds: $76M [Q1] → $46.6M (-$29.4M) [Q2]
54% less call options, than puts
Call options by funds: $402K | Put options by funds: $878K
100% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 0 (-2) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Craig-Hallum Richard Shannon 33% 1-year accuracy 10 / 30 met price target | 70%upside $12 | Buy Maintained | 14 Aug 2024 |
Oppenheimer Martin Yang 76% 1-year accuracy 19 / 25 met price target | 84%upside $13 | Outperform Maintained | 14 Aug 2024 |
Financial journalist opinion
Based on 7 articles about QUIK published over the past 30 days