Quantenna Comms (NASDAQ:QTNA) SVP Lionel Bonnot sold 8,700 shares of the company’s stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $18.76, for a total value of $163,212.00. Following the completion of the sale, the senior vice president now owns 19,468 shares in the company, valued at approximately $365,219.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Tuesday, August 29th, Lionel Bonnot sold 8,842 shares of Quantenna Comms stock. The shares were sold at an average price of $18.00, for a total value of $159,156.00.
  • On Tuesday, August 22nd, Lionel Bonnot sold 9,474 shares of Quantenna Comms stock. The shares were sold at an average price of $16.41, for a total value of $155,468.34.
  • On Tuesday, August 15th, Lionel Bonnot sold 8,600 shares of Quantenna Comms stock. The shares were sold at an average price of $17.98, for a total value of $154,628.00.
  • 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.

Shares of Quantenna Comms (NASDAQ QTNA) traded down 4.27% during trading on Thursday, hitting $18.15. The stock had a trading volume of 244,794 shares. The company’s 50 day moving average price is $18.58 and its 200 day moving average price is $19.71. Quantenna Comms has a 52 week low of $13.75 and a 52 week high of $25.45. The company’s market capitalization is $628.53 million.

Quantenna Comms (NASDAQ:QTNA) last posted its quarterly earnings results on Monday, August 7th. The technology company reported $0.07 EPS for the quarter, topping 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 firm’s revenue was up 42.7% on a year-over-year basis. Analysts predict that Quantenna Comms will post $0.27 earnings per share for the current year.

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Several research firms have issued reports on QTNA. Zacks Investment Research upgraded Quantenna Comms from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research note on Tuesday, July 11th. Needham & Company LLC restated a “buy” rating on shares of Quantenna Comms in a research note on Tuesday, August 8th. Finally, Barclays PLC restated 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 company currently has a consensus rating of “Buy” and an average price target of $23.83.

Large investors have recently bought and sold shares of the stock. Bank of Montreal Can bought a new stake in shares of Quantenna Comms in the 2nd quarter worth approximately $362,000. Russell Investments Group Ltd. bought a new stake in shares of Quantenna Comms in the 1st quarter worth approximately $416,000. Pier Capital LLC raised its holdings in shares of Quantenna Comms by 43.0% in the 1st quarter. Pier Capital LLC now owns 210,688 shares of the technology company’s stock worth $4,389,000 after purchasing an additional 63,379 shares during the period. Geode Capital Management LLC raised its holdings in shares of Quantenna Comms by 21.6% in the 1st quarter. Geode Capital Management LLC now owns 87,555 shares of the technology company’s stock worth $1,823,000 after purchasing an additional 15,546 shares during the period. Finally, Wellington Management Group LLP raised its holdings in shares of Quantenna Comms by 60.4% in the 1st quarter. Wellington Management Group LLP now owns 457,255 shares of the technology company’s stock worth $9,524,000 after purchasing an additional 172,236 shares during the period. 37.89% of the stock is currently owned by 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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