Quantenna Communications Inc (NASDAQ:QTNA) SVP Lionel Bonnot sold 5,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $12.35, for a total value of $67,925.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

  • On Tuesday, November 21st, Lionel Bonnot sold 5,500 shares of Quantenna Communications stock. The stock was sold at an average price of $12.44, for a total value of $68,420.00.
  • On Tuesday, November 14th, Lionel Bonnot sold 5,500 shares of Quantenna Communications stock. The stock was sold at an average price of $12.36, for a total value of $67,980.00.
  • On Thursday, November 16th, Lionel Bonnot sold 6,899 shares of Quantenna Communications stock. The stock was sold at an average price of $12.33, for a total value of $85,064.67.
  • On Tuesday, November 7th, Lionel Bonnot sold 5,500 shares of Quantenna Communications stock. The shares were sold at an average price of $10.72, for a total value of $58,960.00.
  • On Tuesday, October 31st, Lionel Bonnot sold 7,500 shares of Quantenna Communications stock. The shares were sold at an average price of $15.29, for a total value of $114,675.00.
  • On Tuesday, October 24th, Lionel Bonnot sold 7,500 shares of Quantenna Communications stock. The shares were sold at an average price of $15.54, for a total value of $116,550.00.
  • On Tuesday, October 17th, Lionel Bonnot sold 8,000 shares of Quantenna Communications stock. The shares were sold at an average price of $16.52, for a total value of $132,160.00.
  • On Tuesday, October 10th, Lionel Bonnot sold 8,500 shares of Quantenna Communications stock. The shares were sold at an average price of $17.00, for a total value of $144,500.00.
  • On Tuesday, October 3rd, Lionel Bonnot sold 8,500 shares of Quantenna Communications stock. The shares were sold at an average price of $17.32, for a total value of $147,220.00.
  • On Tuesday, September 26th, Lionel Bonnot sold 8,000 shares of Quantenna Communications stock. The shares were sold at an average price of $15.99, for a total value of $127,920.00.

Shares of Quantenna Communications Inc (QTNA) traded down $0.03 during midday trading on Thursday, reaching $12.23. The company’s stock had a trading volume of 357,553 shares, compared to its average volume of 336,692. Quantenna Communications Inc has a fifty-two week low of $9.60 and a fifty-two week high of $25.45. The company has a current ratio of 4.06, a quick ratio of 3.51 and a debt-to-equity ratio of 0.01. The company has a market cap of $440.97 and a P/E ratio of 125.20.

Hedge funds and other institutional investors have recently modified their holdings of the business. Creative Planning bought a new position in Quantenna Communications in the 2nd quarter worth about $102,000. Nationwide Fund Advisors boosted its stake in Quantenna Communications by 537.5% in the 2nd quarter. Nationwide Fund Advisors now owns 11,973 shares of the technology company’s stock worth $227,000 after purchasing an additional 10,095 shares during the period. Trexquant Investment LP bought a new position in Quantenna Communications in the 3rd quarter worth about $227,000. Swiss National Bank bought a new position in Quantenna Communications in the 2nd quarter worth about $262,000. Finally, Brown Advisory Inc. purchased a new stake in shares of Quantenna Communications in the 3rd quarter valued at about $333,000. Institutional investors and hedge funds own 37.84% of the company’s stock.

A number of research analysts have issued reports on the company. Needham & Company LLC restated a “buy” rating on shares of Quantenna Communications in a research note on Tuesday, August 8th. Barclays reduced their price objective on Quantenna Communications from $23.00 to $21.00 and set an “overweight” rating for the company in a research note on Tuesday, August 8th. ValuEngine downgraded Quantenna Communications from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Roth Capital cut their price target on Quantenna Communications from $27.00 to $17.00 and set a “buy” rating for the company in a research note on Tuesday, November 7th. Finally, Zacks Investment Research downgraded Quantenna Communications from a “hold” rating to a “sell” rating in a research note on Friday, November 10th. Two analysts have rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $20.00.

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Quantenna Communications 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 Communications (NASDAQ:QTNA)

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