Quantenna Comms (NASDAQ:QTNA) SVP Lionel Bonnot sold 9,700 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $18.84, for a total transaction of $182,748.00. Following the completion of the transaction, the senior vice president now owns 28,600 shares in the company, valued at approximately $538,824. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Tuesday, August 1st, Lionel Bonnot sold 9,700 shares of Quantenna Comms stock. The shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of $18.64, for a total transaction of $160,304.00.
  • On Tuesday, June 27th, Lionel Bonnot sold 9,700 shares of Quantenna Comms stock. The shares were sold at an average price of $20.07, for a total transaction of $194,679.00.
  • On Tuesday, June 20th, Lionel Bonnot sold 9,800 shares of Quantenna Comms stock. The shares were sold at an average price of $20.77, for a total transaction of $203,546.00.
  • On Tuesday, June 6th, Lionel Bonnot sold 9,700 shares of Quantenna Comms stock. The shares were sold at an average price of $19.79, for a total transaction of $191,963.00.
  • On Tuesday, May 30th, Lionel Bonnot sold 8,700 shares of Quantenna Comms stock. The shares were sold at an average price of $19.21, for a total transaction of $167,127.00.
  • On Tuesday, May 23rd, Lionel Bonnot sold 9,800 shares of Quantenna Comms stock. The shares were sold at an average price of $20.85, for a total transaction of $204,330.00.

Quantenna Comms (QTNA) traded down 1.57% during midday trading on Thursday, reaching $17.60. 371,183 shares of the company’s stock traded hands. Quantenna Comms has a 52-week low of $13.75 and a 52-week high of $25.45. The company’s 50-day moving average price is $19.57 and its 200-day moving average price is $19.98. The stock’s market cap is $609.49 million.

Quantenna Comms (NASDAQ:QTNA) last released its quarterly earnings data on Monday, August 7th. The technology company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. The firm had revenue of $47.10 million for the quarter, compared to the consensus estimate of $42.90 million. The business’s quarterly revenue was up 42.7% on a year-over-year basis. On average, equities analysts predict that Quantenna Comms will post $0.26 EPS for the current fiscal year.

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QTNA has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Quantenna Comms from a “sell” rating to a “hold” rating in a report on Thursday, May 11th. Needham & Company LLC restated a “strong-buy” rating and issued a $26.00 target price on shares of Quantenna Comms in a report on Tuesday, May 9th. Finally, Barclays PLC dropped their target price on shares of Quantenna Comms from $23.00 to $21.00 and set an “overweight” rating on the stock in a report on Tuesday. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $23.83.

Hedge funds have recently added to or reduced their stakes in the stock. FMR LLC purchased a new stake in Quantenna Comms during the fourth quarter worth $6,593,000. Norges Bank purchased a new stake in Quantenna Comms during the fourth quarter worth $181,000. Russell Investments Group Ltd. purchased a new stake in Quantenna Comms during the first quarter worth $416,000. Bank of New York Mellon Corp raised its stake in Quantenna Comms by 335.3% in the first quarter. Bank of New York Mellon Corp now owns 58,627 shares of the technology company’s stock worth $1,221,000 after buying an additional 45,159 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Quantenna Comms by 104.6% in the first quarter. Ameriprise Financial Inc. now owns 90,425 shares of the technology company’s stock worth $1,884,000 after buying an additional 46,223 shares in the last quarter. Institutional investors and hedge funds own 31.58% of the company’s stock.

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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