QuickLogicQUIK
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 Q3 regulatory filings by fund managers ($100M+ AUM)
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
1.91% less ownership
Funds ownership: 31.67% [Q2] → 29.76% (-1.91%) [Q3]
7% less funds holding
Funds holding: 73 [Q2] → 68 (-5) [Q3]
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
30% less capital invested
Capital invested by funds: $47.4M [Q2] → $33M (-$14.4M) [Q3]
70% less call options, than puts
Call options by funds: $240K | Put options by funds: $798K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Northland Capital Markets Gus Richard 54% 1-year accuracy 15 / 28 met price target | 48%upside $11.60 | Outperform Initiated | 17 Dec 2024 |
Craig-Hallum Richard Shannon 79% 1-year accuracy 33 / 42 met price target | 28%upside $10 | Buy Maintained | 12 Nov 2024 |
Financial journalist opinion
Based on 4 articles about QUIK published over the past 30 days