Quantenna Communications Inc (QTNA) SVP Sells $67,980.00 in Stock

Quantenna Communications Inc (NASDAQ:QTNA) SVP Lionel Bonnot sold 5,500 shares of Quantenna Communications stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $12.36, for a total value of $67,980.00. Following the completion of the sale, the senior vice president now directly owns 22,684 shares in the company, valued at approximately $280,374.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Tuesday, November 28th, Lionel Bonnot sold 5,500 shares of Quantenna Communications stock. The stock was sold at an average price of $12.35, for a total value of $67,925.00.
  • 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 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 transaction of $85,064.67.
  • On Tuesday, November 7th, Lionel Bonnot sold 5,500 shares of Quantenna Communications stock. The stock was sold at an average price of $10.72, for a total transaction 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 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 Communications 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 Communications 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 Communications stock. The stock was sold at an average price of $15.99, for a total transaction of $127,920.00.

Quantenna Communications Inc (QTNA) traded up $0.23 during trading on Friday, reaching $12.46. 345,361 shares of the company were exchanged, compared to its average volume of 733,203. Quantenna Communications Inc has a fifty-two week low of $9.60 and a fifty-two week high of $25.45. The stock has a market cap of $430.75, a price-to-earnings ratio of 122.30 and a beta of 4.17. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.06 and a quick ratio of 3.51.

Institutional investors have recently added to or reduced their stakes in the stock. Creative Planning purchased a new position in Quantenna Communications in the 2nd quarter valued at approximately $102,000. Nationwide Fund Advisors boosted its holdings in Quantenna Communications by 537.5% in the 2nd quarter. Nationwide Fund Advisors now owns 11,973 shares of the technology company’s stock valued at $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 valued at $227,000. Swiss National Bank bought a new position in Quantenna Communications in the 2nd quarter valued at $262,000. Finally, The Manufacturers Life Insurance Company boosted its holdings in Quantenna Communications by 326.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,784 shares of the technology company’s stock valued at $337,000 after purchasing an additional 13,612 shares during the period. Institutional investors and hedge funds own 37.84% of the company’s stock.

A number of research firms have recently issued reports on QTNA. Roth Capital cut their price objective on shares of Quantenna Communications from $27.00 to $17.00 and set a “buy” rating on the stock in a research report on Tuesday, November 7th. Needham & Company LLC reaffirmed a “buy” rating on shares of Quantenna Communications in a research report on Tuesday, August 8th. ValuEngine cut shares of Quantenna Communications from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. Barclays lowered shares of Quantenna Communications to an “equal weight” rating in a research note on Tuesday, November 7th. Finally, Zacks Investment Research lowered shares of Quantenna Communications from a “hold” rating to a “sell” rating in a research note on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $20.00.

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About Quantenna Communications

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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