Quantenna Comms (NASDAQ:QTNA) SVP Lionel Bonnot sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $17.61, for a total transaction of $149,685.00. Following the completion of the transaction, the senior vice president now directly owns 25,684 shares of the company’s stock, valued at approximately $452,295.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Tuesday, September 5th, Lionel Bonnot sold 8,700 shares of Quantenna Comms stock. The shares were sold at an average price of $18.76, for a total transaction of $163,212.00.
  • 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 transaction 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 transaction of $155,468.34.
  • On Tuesday, August 15th, Lionel Bonnot sold 8,600 shares of Quantenna Comms stock. The stock was sold at an average price of $17.98, for a total transaction of $154,628.00.
  • On Tuesday, August 8th, Lionel Bonnot sold 9,700 shares of Quantenna Comms stock. The stock was sold at an average price of $18.84, for a total transaction of $182,748.00.
  • On Tuesday, August 1st, Lionel Bonnot sold 9,700 shares of Quantenna Comms stock. The stock was sold at an average price of $20.24, for a total transaction of $196,328.00.
  • On Tuesday, July 25th, Lionel Bonnot sold 9,700 shares of Quantenna Comms stock. The stock was sold at an average price of $19.75, for a total transaction of $191,575.00.
  • On Tuesday, July 18th, Lionel Bonnot sold 8,700 shares of Quantenna Comms stock. The stock was sold at an average price of $19.51, for a total transaction of $169,737.00.
  • On Tuesday, July 11th, Lionel Bonnot sold 8,700 shares of Quantenna Comms stock. The stock was sold at an average price of $18.88, for a total transaction of $164,256.00.
  • On Wednesday, July 5th, Lionel Bonnot sold 8,600 shares of Quantenna Comms stock. The stock was sold at an average price of $18.64, for a total transaction of $160,304.00.

Shares of Quantenna Comms (QTNA) traded up 0.59% during trading on Thursday, reaching $17.19. 198,305 shares of the company traded hands. Quantenna Comms has a 12 month low of $13.75 and a 12 month high of $24.14. The firm has a 50-day moving average price of $17.78 and a 200-day moving average price of $17.78. The firm’s market capitalization is $595.29 million.

Quantenna Comms (NASDAQ:QTNA) last issued its quarterly earnings data on Monday, August 7th. The technology company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.02. The business had revenue of $47.10 million for the quarter, compared to the consensus estimate of $42.90 million. The firm’s revenue was up 42.7% compared to the same quarter last year. Equities research analysts anticipate that Quantenna Comms will post $0.27 EPS for the current year.

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QTNA has been the subject of several research analyst reports. Barclays PLC dropped their price target on shares of Quantenna Comms from $23.00 to $21.00 and set an “overweight” rating for the company in a research report on Tuesday, August 8th. Zacks Investment Research lowered shares of Quantenna Comms from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, Needham & Company LLC reaffirmed a “buy” rating on shares of Quantenna Comms in a research report on Tuesday, August 8th. One investment 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 a consensus price target of $23.83.

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of Montreal Can bought a new position in Quantenna Comms during the second quarter valued at approximately $362,000. Russell Investments Group Ltd. raised its position in Quantenna Comms by 502.7% during the second quarter. Russell Investments Group Ltd. now owns 120,286 shares of the technology company’s stock valued at $2,285,000 after acquiring an additional 100,329 shares in the last quarter. Pier Capital LLC raised its position in Quantenna Comms by 43.0% during the first quarter. Pier Capital LLC now owns 210,688 shares of the technology company’s stock valued at $4,389,000 after acquiring an additional 63,379 shares in the last quarter. Geode Capital Management LLC raised its position in Quantenna Comms by 21.6% during the first quarter. Geode Capital Management LLC now owns 87,555 shares of the technology company’s stock valued at $1,823,000 after acquiring an additional 15,546 shares in the last quarter. Finally, Marshall Wace North America L.P. bought a new position in Quantenna Comms during the second quarter valued at approximately $3,176,000. 37.89% 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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