QUANTENNA COMMS (QTNA) SVP Sells $58,960.00 in Stock

QUANTENNA COMMS (NASDAQ:QTNA) SVP Lionel Bonnot sold 5,500 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $10.72, for a total value of $58,960.00. Following the transaction, the senior vice president now directly owns 22,684 shares of the company’s stock, valued at approximately $243,172.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

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

  • On Tuesday, October 31st, Lionel Bonnot sold 7,500 shares of QUANTENNA COMMS stock. The stock was 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 COMMS stock. The stock was 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 COMMS stock. The stock was 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 COMMS stock. The stock was 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 COMMS stock. The stock was 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 COMMS stock. The stock was sold at an average price of $15.99, for a total value of $127,920.00.
  • On Tuesday, September 19th, Lionel Bonnot sold 8,500 shares of QUANTENNA COMMS stock. The stock was sold at an average price of $17.61, for a total value of $149,685.00.
  • On Tuesday, September 5th, Lionel Bonnot sold 8,700 shares of QUANTENNA COMMS stock. The stock was sold at an average price of $18.76, for a total value of $163,212.00.
  • On Tuesday, August 29th, Lionel Bonnot sold 8,842 shares of QUANTENNA COMMS stock. The stock was 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 stock was sold at an average price of $16.41, for a total value of $155,468.34.

Shares of QUANTENNA COMMS (NASDAQ QTNA) opened at $12.02 on Friday. The firm has a market capitalization of $423.36 and a price-to-earnings ratio of 120.20. QUANTENNA COMMS has a 52-week low of $9.60 and a 52-week high of $25.45. The company has a current ratio of 4.06, a quick ratio of 4.17 and a debt-to-equity ratio of 0.01.

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A number of hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its position in QUANTENNA COMMS by 17.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,122,726 shares of the technology company’s stock worth $18,817,000 after acquiring an additional 170,542 shares during the last quarter. FMR LLC grew its position in shares of QUANTENNA COMMS by 88.1% in the 2nd quarter. FMR LLC now owns 984,434 shares of the technology company’s stock valued at $18,704,000 after buying an additional 461,023 shares during the last quarter. Vanguard Group Inc. grew its position in shares of QUANTENNA COMMS by 90.8% in the 2nd quarter. Vanguard Group Inc. now owns 611,732 shares of the technology company’s stock valued at $11,622,000 after buying an additional 291,167 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of QUANTENNA COMMS by 90.0% in the 3rd quarter. Wells Fargo & Company MN now owns 514,295 shares of the technology company’s stock valued at $8,646,000 after buying an additional 243,655 shares during the last quarter. Finally, Cortina Asset Management LLC grew its position in shares of QUANTENNA COMMS by 31.7% in the 3rd quarter. Cortina Asset Management LLC now owns 473,767 shares of the technology company’s stock valued at $7,964,000 after buying an additional 114,148 shares during the last quarter. Institutional investors and hedge funds own 37.54% of the company’s stock.

A number of research firms have recently commented on QTNA. Roth Capital lowered their price target on QUANTENNA COMMS from $27.00 to $17.00 and set a “buy” rating for the company in a report on Tuesday, November 7th. Zacks Investment Research lowered QUANTENNA COMMS from a “hold” rating to a “sell” rating in a research report on Friday. ValuEngine lowered QUANTENNA COMMS from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. Needham & Company LLC restated a “buy” rating on shares of QUANTENNA COMMS in a research report on Tuesday, August 8th. Finally, Barclays PLC reduced their price objective on QUANTENNA COMMS from $23.00 to $21.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 8th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. QUANTENNA COMMS currently has a consensus rating of “Buy” and a consensus target price of $21.50.

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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