Quantenna Comms (NASDAQ:QTNA) Chairman Sam Heidari sold 2,800 shares of the company’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $16.88, for a total transaction of $47,264.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Sam Heidari also recently made the following trade(s):

  • On Friday, September 1st, Sam Heidari sold 5,600 shares of Quantenna Comms stock. The stock was sold at an average price of $18.50, for a total transaction of $103,600.00.
  • On Tuesday, August 1st, Sam Heidari sold 8,400 shares of Quantenna Comms stock. The stock was sold at an average price of $20.19, for a total transaction of $169,596.00.
  • On Tuesday, July 25th, Sam Heidari sold 2,800 shares of Quantenna Comms stock. The stock was sold at an average price of $20.00, for a total transaction of $56,000.00.

Shares of Quantenna Comms (QTNA) traded down 0.41% on Wednesday, reaching $17.21. 114,813 shares of the company traded hands. Quantenna Comms has a one year low of $13.75 and a one year high of $24.14. The company’s market capitalization is $595.98 million. The firm’s 50 day moving average is $17.20 and its 200 day moving average is $17.20.

Quantenna Comms (NASDAQ:QTNA) last released its earnings results on Monday, August 7th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.02. The business 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% compared to the same quarter last year. Analysts expect that Quantenna Comms will post $0.27 earnings per share for the current fiscal year.

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Institutional investors have recently added to or reduced their stakes in the business. Creative Planning bought a new position in Quantenna Comms in the second quarter valued at about $102,000. Nationwide Fund Advisors grew its position in Quantenna Comms by 537.5% in the second quarter. Nationwide Fund Advisors now owns 11,973 shares of the technology company’s stock valued at $227,000 after acquiring an additional 10,095 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Quantenna Comms in the first quarter valued at about $255,000. Swiss National Bank bought a new position in Quantenna Comms in the second quarter valued at about $262,000. Finally, The Manufacturers Life Insurance Company grew its position in Quantenna Comms by 326.3% in the second quarter. The Manufacturers Life Insurance Company now owns 17,784 shares of the technology company’s stock valued at $337,000 after acquiring an additional 13,612 shares during the last quarter. Hedge funds and other institutional investors own 38.53% of the company’s stock.

Several research firms have recently weighed in on QTNA. Zacks Investment Research raised shares of 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. Needham & Company LLC reaffirmed a “buy” rating on shares of Quantenna Comms in a report on Tuesday, August 8th. Finally, Barclays PLC reaffirmed an “overweight” rating on shares of Quantenna Comms in a report on Friday, July 21st. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average 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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