Insider Selling: QUANTENNA COMMS (QTNA) SVP Sells $147,220.00 in Stock

QUANTENNA COMMS (NASDAQ:QTNA) SVP Lionel Bonnot sold 8,500 shares of the company’s stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $17.32, for a total transaction of $147,220.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Tuesday, September 26th, Lionel Bonnot sold 8,000 shares of QUANTENNA COMMS stock. The shares were sold at an average price of $15.99, for a total transaction of $127,920.00.
  • On Tuesday, September 19th, Lionel Bonnot sold 8,500 shares of QUANTENNA COMMS stock. The shares were sold at an average price of $17.61, for a total transaction of $149,685.00.
  • On Tuesday, September 5th, Lionel Bonnot sold 8,700 shares of QUANTENNA COMMS stock. The shares were sold at an average price of $18.76, for a total transaction of $163,212.00.
  • On Tuesday, August 29th, Lionel Bonnot sold 8,842 shares of QUANTENNA COMMS stock. The shares were sold at an average price of $18.00, for a total transaction of $159,156.00.
  • On Tuesday, August 22nd, Lionel Bonnot sold 9,474 shares of QUANTENNA COMMS stock. The shares were sold at an average price of $16.41, for a total transaction of $155,468.34.
  • On Tuesday, August 15th, Lionel Bonnot sold 8,600 shares of QUANTENNA COMMS stock. The shares were sold at an average price of $17.98, for a total transaction of $154,628.00.
  • On Tuesday, August 8th, Lionel Bonnot sold 9,700 shares of QUANTENNA COMMS stock. The shares were sold at an average price of $18.84, for a total transaction of $182,748.00.
  • 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.

QUANTENNA COMMS (NASDAQ:QTNA) opened at 17.24 on Friday. QUANTENNA COMMS has a 52 week low of $13.75 and a 52 week high of $24.14. The firm’s 50-day moving average is $17.20 and its 200 day moving average is $17.20. The stock’s market cap is $597.02 million.

QUANTENNA COMMS (NASDAQ:QTNA) last posted its quarterly earnings results on Monday, August 7th. The technology company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.05 by $0.02. The business had revenue of $47.10 million during the quarter, compared to analysts’ expectations of $42.90 million. The business’s revenue for the quarter was up 42.7% on a year-over-year basis. On average, equities research analysts expect that QUANTENNA COMMS will post $0.27 EPS for the current year.

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A number of brokerages recently issued reports on QTNA. Barclays PLC reissued an “overweight” rating on shares of QUANTENNA COMMS in a report on Friday, July 21st. Needham & Company LLC reissued a “buy” rating on shares of QUANTENNA COMMS in a report on Tuesday, August 8th. Finally, Zacks Investment Research raised shares of QUANTENNA COMMS from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a report on Tuesday, July 11th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. QUANTENNA COMMS presently has an average rating of “Buy” and an average target price of $23.83.

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of Montreal Can purchased a new stake in QUANTENNA COMMS in the 2nd quarter valued at about $362,000. Russell Investments Group Ltd. grew its holdings in QUANTENNA COMMS by 502.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 120,286 shares of the technology company’s stock valued at $2,285,000 after buying an additional 100,329 shares during the period. Geode Capital Management LLC grew its holdings in QUANTENNA COMMS by 21.6% in the 1st quarter. Geode Capital Management LLC now owns 87,555 shares of the technology company’s stock valued at $1,823,000 after buying an additional 15,546 shares during the period. Marshall Wace North America L.P. purchased a new stake in QUANTENNA COMMS in the 2nd quarter valued at about $3,176,000. Finally, RK Capital Management LLC grew its holdings in QUANTENNA COMMS by 20.5% in the 2nd quarter. RK Capital Management LLC now owns 294,882 shares of the technology company’s stock valued at $5,603,000 after buying an additional 50,100 shares during the period. Institutional investors own 38.53% 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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