QuickLogic Corp (NASDAQ:QUIK) director Michael J. Farese completed a sale of 4,800 shares of the company's common stock on April 14, 2026. The shares were sold at $11.71 each, bringing the total proceeds from the transaction to $56,208. After the disposition, Farese retains direct ownership of 30,540 QuickLogic shares.
The sale was carried out pursuant to a pre-arranged Rule 10b5-1 trading plan that was adopted on August 21, 2025. The transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission; the filing bears the signature of Harjit Lally, Attorney-in-Fact.
The stock was changing hands near its 52-week high of $11.49 at the time of the report, with shares quoted at $11.79. Over the last 12 months the company's share price has delivered a 128% total return.
QuickLogic has faced uneven near-term financial results. In its Q4 2025 release the company reported an earnings per share loss of $0.17, missing the analyst consensus of a $0.03 loss. Revenue for the quarter totaled $3.7 million, which fell short of the $5.2 million that analysts had expected. The shortfall in both EPS and top-line figures has prompted investor concern about the firm's recent financial performance.
Separately, QuickLogic announced a mid-six-figure contract focused on enhancing its embedded FPGA Hard IP using Intel 18A process technology. The scope of the work is intended to improve power consumption, performance, and silicon area for high-density eFPGA cores. The company stated these enhancements are applicable across all advanced fabrication nodes.
Market analysis referenced in the filing indicates that, despite strong price momentum, the stock appears overvalued relative to its Fair Value according to InvestingPro. Investors seeking additional detail can access a Pro Research Report that covers QUIK among more than 1,400 U.S. stocks, providing deeper valuation and research context.
All factual disclosures in this report come from the company filings and public statements noted above; no new facts have been added beyond those disclosures.