Press coverage about Quantenna Communications (NASDAQ:QTNA) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Quantenna Communications earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.5860499651468 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

NASDAQ:QTNA opened at $16.09 on Friday. Quantenna Communications has a twelve month low of $9.60 and a twelve month high of $19.08. The stock has a market capitalization of $600.45 million, a price-to-earnings ratio of -804.50, a price-to-earnings-growth ratio of 4.67 and a beta of 1.77.

Quantenna Communications (NASDAQ:QTNA) last released its quarterly earnings results on Monday, July 30th. The technology company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.04. Quantenna Communications had a return on equity of 3.33% and a net margin of 17.33%. The firm had revenue of $53.40 million for the quarter, compared to analysts’ expectations of $51.97 million. During the same quarter last year, the firm posted $0.07 EPS. The company’s revenue was up 13.4% compared to the same quarter last year. equities research analysts forecast that Quantenna Communications will post 0.17 earnings per share for the current year.

Several research firms have weighed in on QTNA. Barclays raised their price target on Quantenna Communications from $15.00 to $17.00 and gave the company an “equal weight” rating in a report on Tuesday, July 31st. BidaskClub cut Quantenna Communications from a “buy” rating to a “hold” rating in a report on Friday, June 22nd. Zacks Investment Research cut Quantenna Communications from a “buy” rating to a “hold” rating in a report on Friday, August 3rd. Deutsche Bank lowered their price target on Quantenna Communications from $17.00 to $16.00 and set a “buy” rating on the stock in a report on Tuesday, July 31st. Finally, ValuEngine raised Quantenna Communications from a “sell” rating to a “hold” rating in a report on Friday. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $18.00.

In other news, Chairman Sam Heidari sold 26,125 shares of the stock in a transaction dated Wednesday, June 20th. The stock was sold at an average price of $16.06, for a total transaction of $419,567.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP David William Carroll sold 7,965 shares of the stock in a transaction dated Thursday, May 24th. The shares were sold at an average price of $16.00, for a total value of $127,440.00. Following the transaction, the senior vice president now owns 65,758 shares in the company, valued at $1,052,128. The disclosure for this sale can be found here. Insiders have sold a total of 76,034 shares of company stock worth $1,217,366 over the last quarter. Corporate insiders own 13.49% of the company’s stock.

About Quantenna Communications

Quantenna Communications, Inc designs, develops, and markets wireless communication solutions enabling wireless local area networking in the United States and internationally. The company's solutions portfolio comprises radio frequency chips and digital baseband chips, which support the IEEE Wi-Fi standards, including 802.11n, 802.11ac, and draft 802.11ax.

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Insider Buying and Selling by Quarter for Quantenna Communications (NASDAQ:QTNA)

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