Insider Selling: Quantenna Comms (NASDAQ:QTNA) SVP Sells 9,700 Shares of Stock

Quantenna Comms (NASDAQ:QTNA) SVP Lionel Bonnot sold 9,700 shares of the company’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $20.24, for a total value of $196,328.00. Following the transaction, the senior vice president now directly owns 28,600 shares in the company, valued at $578,864. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

  • 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 value of $182,748.00.
  • 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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.

Shares of Quantenna Comms (QTNA) traded down 0.23% during mid-day trading on Friday, hitting $17.56. 178,390 shares of the stock were exchanged. The stock’s market cap is $608.10 million. Quantenna Comms has a one year low of $13.75 and a one year high of $25.45. The company has a 50-day moving average of $19.40 and a 200 day moving average of $19.95.

Quantenna Comms (NASDAQ:QTNA) last posted its quarterly earnings results on Monday, August 7th. The technology company reported $0.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.02. The business had revenue of $47.10 million for the quarter, compared to analyst estimates of $42.90 million. The company’s quarterly revenue was up 42.7% compared to the same quarter last year. On average, equities analysts predict that Quantenna Comms will post $0.26 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: This story was originally posted by BNB Daily and is the sole property of of BNB Daily. If you are accessing this story on another domain, it was illegally copied and reposted in violation of U.S. and international trademark & copyright law. The correct version of this story can be read at https://www.baseball-news-blog.com/2017/08/14/quantenna-comms-nasdaqqtna-svp-sells-196328-00-in-stock-updated.html.

Large investors have recently bought and sold shares of the company. FMR LLC increased its stake in shares of Quantenna Comms by 88.1% in the second 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 in the last quarter. Whale Rock Capital Management LLC increased its stake in shares of Quantenna Comms by 49.9% in the first quarter. Whale Rock Capital Management LLC now owns 912,601 shares of the technology company’s stock valued at $19,009,000 after buying an additional 303,626 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Quantenna Comms by 90.8% in the second 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 in the last quarter. Wellington Management Group LLP increased its stake in shares of Quantenna Comms by 60.4% in the first quarter. Wellington Management Group LLP now owns 457,255 shares of the technology company’s stock valued at $9,524,000 after buying an additional 172,236 shares in the last quarter. Finally, Marshall Wace North America L.P. purchased a new stake in shares of Quantenna Comms during the second quarter valued at approximately $3,176,000. Hedge funds and other institutional investors own 31.58% of the company’s stock.

Several equities research analysts have commented on the stock. Barclays PLC lowered their price target on shares of Quantenna Comms from $23.00 to $21.00 and set an “overweight” rating on the stock in a report on Tuesday, August 8th. Needham & Company LLC reaffirmed a “buy” rating on shares of Quantenna Comms in a report on Tuesday, August 8th. Finally, Zacks Investment Research lowered shares of Quantenna Comms from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $23.83.

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)

Receive News & Ratings for Quantenna Comms Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quantenna Comms and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply