Quantenna Comms (NASDAQ:QTNA) SVP Lionel Bonnot sold 8,600 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $17.98, for a total value of $154,628.00. Following the completion of the transaction, the senior vice president now owns 27,500 shares in the company, valued at approximately $494,450. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Lionel Bonnot also recently made the following trade(s):

  • On Tuesday, August 8th, Lionel Bonnot sold 9,700 shares of Quantenna Comms stock. The shares were sold at an average price of $18.84, for a total value of $182,748.00.
  • On Tuesday, August 1st, Lionel Bonnot sold 9,700 shares of Quantenna Comms stock. The shares were sold at an average price of $20.24, for a total value of $196,328.00.
  • On Tuesday, July 25th, Lionel Bonnot sold 9,700 shares of Quantenna Comms stock. The shares were sold at an average price of $19.75, for a total value of $191,575.00.
  • On Tuesday, July 18th, Lionel Bonnot sold 8,700 shares of Quantenna Comms stock. The shares were sold at an average price of $19.51, for a total value of $169,737.00.
  • On Tuesday, July 11th, Lionel Bonnot sold 8,700 shares of Quantenna Comms stock. The shares were sold at an average price of $18.88, for a total value of $164,256.00.
  • On Wednesday, July 5th, Lionel Bonnot sold 8,600 shares of Quantenna Comms stock. The shares were sold at an average price of $18.64, for a total value of $160,304.00.
  • On Tuesday, June 27th, Lionel Bonnot sold 9,700 shares of Quantenna Comms stock. The shares were sold at an average price of $20.07, for a total value of $194,679.00.
  • On Tuesday, June 20th, Lionel Bonnot sold 9,800 shares of Quantenna Comms stock. The shares were sold at an average price of $20.77, for a total value of $203,546.00.
  • On Tuesday, June 6th, Lionel Bonnot sold 9,700 shares of Quantenna Comms stock. The shares were sold at an average price of $19.79, for a total value of $191,963.00.
  • On Tuesday, May 30th, Lionel Bonnot sold 8,700 shares of Quantenna Comms stock. The shares were sold at an average price of $19.21, for a total value of $167,127.00.

Shares of Quantenna Comms (QTNA) traded down 7.31% during trading on Thursday, reaching $16.49. The company’s stock had a trading volume of 467,371 shares. The firm’s market cap is $571.05 million. The company’s 50 day moving average price is $19.19 and its 200 day moving average price is $19.94. Quantenna Comms has a 12 month low of $13.75 and a 12 month high of $25.45.

Quantenna Comms (NASDAQ:QTNA) last released its quarterly earnings results on Monday, August 7th. The technology company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. The company had revenue of $47.10 million during the quarter, compared to the consensus estimate of $42.90 million. The company’s revenue was up 42.7% on a year-over-year basis. On average, equities analysts predict that Quantenna Comms will post $0.27 earnings per share for the current year.

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Several large investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC bought a new stake in Quantenna Comms during the first quarter worth approximately $1,025,000. Geode Capital Management LLC raised its stake in Quantenna Comms by 21.6% in the first quarter. Geode Capital Management LLC now owns 87,555 shares of the technology company’s stock worth $1,823,000 after buying an additional 15,546 shares during the period. Vanguard Group Inc. raised its stake in Quantenna Comms by 50.3% in the first quarter. Vanguard Group Inc. now owns 320,565 shares of the technology company’s stock worth $6,677,000 after buying an additional 107,262 shares during the period. FMR LLC raised its stake in Quantenna Comms by 44.0% in the first quarter. FMR LLC now owns 523,411 shares of the technology company’s stock worth $10,903,000 after buying an additional 159,811 shares during the period. Finally, Wellington Management Group LLP raised its stake 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 worth $9,524,000 after buying an additional 172,236 shares during the period. Hedge funds and other institutional investors own 30.80% of the company’s stock.

Several equities analysts recently issued reports on the company. Needham & Company LLC reiterated a “buy” rating on shares of Quantenna Comms in a report on Tuesday, August 8th. Barclays PLC reduced their target price on Quantenna Comms from $23.00 to $21.00 and set an “overweight” rating on the stock in a report on Tuesday, August 8th. Finally, Zacks Investment Research upgraded Quantenna Comms from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a report on Tuesday, July 11th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $23.83.

Quantenna Comms Company Profile

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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