Quantenna Comms (NASDAQ:QTNA) SVP David William Carroll sold 8,500 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $17.63, for a total value of $149,855.00. Following the completion of the sale, the senior vice president now directly owns 45,600 shares of the company’s stock, valued at approximately $803,928. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

David William Carroll also recently made the following trade(s):

  • On Monday, June 19th, David William Carroll sold 1,500 shares of Quantenna Comms stock. The stock was sold at an average price of $20.00, for a total value of $30,000.00.
  • On Monday, June 12th, David William Carroll sold 8,500 shares of Quantenna Comms stock. The stock was sold at an average price of $18.39, for a total value of $156,315.00.

Quantenna Comms (NASDAQ:QTNA) remained flat at $18.02 during mid-day trading on Tuesday. 180,447 shares of the company traded hands. The firm has a 50 day moving average of $19.32 and a 200-day moving average of $19.96. The company’s market cap is $624.03 million. Quantenna Comms has a 1-year low of $13.75 and a 1-year high of $25.45.

Quantenna Comms (NASDAQ:QTNA) last released its quarterly earnings data on Monday, August 7th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.02. The firm had revenue of $47.10 million during the quarter, compared to the consensus estimate of $42.90 million. The firm’s revenue for the quarter was up 42.7% on a year-over-year basis. Equities research analysts predict that Quantenna Comms will post $0.26 EPS for the current year.

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QTNA has been the subject of several research reports. Zacks Investment Research lowered Quantenna Comms from a “hold” rating to a “sell” rating in a research note on Thursday, April 20th. Needham & Company LLC reaffirmed a “strong-buy” rating and issued a $26.00 target price on shares of Quantenna Comms in a research note on Tuesday, May 9th. Finally, Barclays PLC reaffirmed an “overweight” rating on shares of Quantenna Comms in a research note on Friday, July 21st. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $23.83.

Several institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in Quantenna Comms by 10.8% in the first quarter. JPMorgan Chase & Co. now owns 1,000,758 shares of the technology company’s stock valued at $20,846,000 after buying an additional 97,641 shares in the last quarter. FMR LLC increased its position in Quantenna Comms by 88.1% in the second quarter. FMR LLC now owns 984,434 shares of the technology company’s stock valued at $18,704,000 after buying an additional 461,023 shares in the last quarter. Whale Rock Capital Management LLC increased its position in Quantenna Comms by 49.9% in the first quarter. Whale Rock Capital Management LLC now owns 912,601 shares of the technology company’s stock valued at $19,009,000 after buying an additional 303,626 shares in the last quarter. Vanguard Group Inc. increased its position in Quantenna Comms by 90.8% in the second quarter. Vanguard Group Inc. now owns 611,732 shares of the technology company’s stock valued at $11,622,000 after buying an additional 291,167 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in Quantenna Comms by 60.4% in the first quarter. Wellington Management Group LLP now owns 457,255 shares of the technology company’s stock valued at $9,524,000 after buying an additional 172,236 shares in the last quarter. 30.80% of the stock is currently owned by hedge funds and other institutional investors.

About Quantenna Comms

Quantenna Communications, Inc is engaged in the design, development and marketing of wireless communication solutions enabling wireless local area networking. The Company’s solutions are designed to deliver wireless fidelity (Wi-Fi) performance to support various connected devices accessing a pool of digital content.

Insider Buying and Selling by Quarter for Quantenna Comms (NASDAQ:QTNA)

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