QUICKLOGIC (QUIK) CTO Timothy Saxe Sells $106K of Stock

QUICKLOGIC Corp (QUIK) business photo

Key Points

  • QuickLogic Corporation senior VP and CTO Timothy Saxe sold 10,364 shares on September 17, 2026, at an average price of $10.21 per share.
  • The semiconductor company recently traded around $8.97, sitting below its 50-day moving average of $11.21.
  • Needham recently reiterated its buy rating on the stock with a $20.00 price target on September 21, 2026.

Since the trade, $QUIK is up 4.5% after 1 week and down 14.6% to date (from the $10.52 close on Sep 17, 2026).

Get QUICKLOGIC Corp text alerts

We text you when insiders, Congress, analysts or big funds move on $QUIK.

By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.

Not investment advice. TradeTexts is not a registered investment adviser, and this automated QUICKLOGIC Corp alert may contain errors. Disclosures

Inside Timothy Saxe's QuickLogic Trade

QuickLogic Corporation senior VP and CTO Timothy Saxe sold 10,364 shares of the company on September 17, 2026. According to a Form 4 filed with the SEC, the transaction value reached about $105,852.71, with the shares sold at a price of $10.21 each. This follows an earlier sale by Saxe on September 10, 2026, when he parted with 15,190 shares at $10.80 apiece for a total of $164,022.00.

QUIK QUICKLOGIC Corp
$8.98 +42.99% year to date
Daily close · Oct 16, 2026

Other Institutional Activity in QuickLogic

Shaw D.E. & Co., Inc. grew its holdings by 532,504 shares, ending with 621,052 shares worth about $5,577,046.00. Royal Bank of Canada reduced its stake by 12,428 shares, leaving it with 335,696 shares valued at roughly $3,014,549.00. Two Sigma Investments, LP lifted its position by 163,754 shares to hold 296,381 shares worth about $2,661,501.00. Perkins Capital Management, Inc. trimmed its holdings by 49,071 shares, finishing with 257,621 shares valued at approximately $2,313,436.00. Millennium Management Llc grew its stake by 22,077 shares, ending with 187,080 shares worth about $1,679,978.00.

QUICKLOGIC Corp Stock Down 4.2%

QuickLogic Corporation shares recently traded around $8.97. That price sits about 20.0% below its 50-day moving average of $11.21 and roughly 28.6% below its 200-day moving average of $12.56. The stock trades down about 63.1% from its 52-week high of $24.33 while remaining up about 69.9% from its 52-week low of $5.28.

Recent Earnings

QuickLogic Corporation posted trailing-twelve-month revenue of $16,295,000.00 alongside a negative basic earnings per share of $0.62. The company recorded a net profit margin of -80.1% and a return on equity of -36.2%. Its next financial report is scheduled for release on November 11, 2026.

Insider Buying and Selling at QUICKLOGIC Corp

Before this transaction, Chief Technology Officer Timothy Saxe sold 15,190 shares on September 10, 2026, at $10.80 per share for a total value of $164,022.00. Chief Financial Officer Elias Nadim Nader sold 12,152 shares on September 10, 2026, at $10.80 per share worth $131,217.00. Chief Executive Officer Brian C Faith sold 25,292 shares on September 10, 2026, at $10.80 per share totaling $273,103.00. Director Gary H Tauss sold 1,500 shares on September 15, 2026, at $10.44 per share for $15,660.00.

Analysts Set New Price Targets

Needham maintained its buy rating on the company with a price target of $20.00, down from its prior target of $22.00, on August 12, 2026. Later, on September 21, 2026, Needham reiterated its buy rating with a $20.00 price target. Across the broader analyst community, the stock carries a consensus recommendation key and a target mean price of $23.00 based on three analyst opinions.

About QuickLogic

QuickLogic Corporation operates as a fabless semiconductor company based in San Jose, California. It designs and develops embedded Field Programmable Gate Array intellectual property, specialized FPGA devices, and complete artificial intelligence and machine learning solutions featuring sensor algorithms. The firm also offers development tools, software, and related licensing services.

Bottom Line

Investors will look toward the upcoming earnings release on November 11, 2026, for further clarity on the company's financial direction. Form 4 filings will continue to track executive transactions as they occur.

Source: Timothy Saxe's Form 4 filing on $QUIK (Sep 17, 2026). Written by software, not financial advice. How we make alerts

Get $QUIK trade alerts by text

SMS Terms

By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.

Full terms and conditions