Quantenna Communications Inc (QTNA) SVP David William Carroll Sells 3,866 Shares of Stock

Quantenna Communications Inc (NASDAQ:QTNA) SVP David William Carroll sold 3,866 shares of the stock in a transaction on Thursday, April 12th. The stock was sold at an average price of $14.00, for a total value of $54,124.00. Following the completion of the transaction, the senior vice president now owns 41,612 shares in the company, valued at $582,568. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

David William Carroll also recently made the following trade(s):

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  • On Wednesday, February 28th, David William Carroll sold 3,866 shares of Quantenna Communications stock. The stock was sold at an average price of $14.00, for a total value of $54,124.00.
  • On Wednesday, February 21st, David William Carroll sold 1,374 shares of Quantenna Communications stock. The shares were sold at an average price of $14.02, for a total value of $19,263.48.
  • On Tuesday, January 30th, David William Carroll sold 3,868 shares of Quantenna Communications stock. The shares were sold at an average price of $14.01, for a total value of $54,190.68.
  • On Wednesday, January 17th, David William Carroll sold 3,587 shares of Quantenna Communications stock. The shares were sold at an average price of $14.00, for a total value of $50,218.00.

NASDAQ QTNA opened at $13.57 on Tuesday. The firm has a market capitalization of $499.08, a P/E ratio of -678.50, a P/E/G ratio of 1.55 and a beta of 1.43. Quantenna Communications Inc has a 12 month low of $9.60 and a 12 month high of $22.50.

Quantenna Communications (NASDAQ:QTNA) last released its quarterly earnings results on Monday, February 12th. The technology company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.11. Quantenna Communications had a return on equity of 0.96% and a net margin of 19.51%. The business had revenue of $41.30 million during the quarter, compared to analyst estimates of $41.00 million. During the same period in the prior year, the firm posted $0.03 EPS. Quantenna Communications’s quarterly revenue was up 10.1% compared to the same quarter last year. equities analysts anticipate that Quantenna Communications Inc will post 0.36 earnings per share for the current fiscal year.

Institutional investors have recently made changes to their positions in the company. Hamilton Lane Advisors LLC purchased a new stake in shares of Quantenna Communications during the 4th quarter valued at $1,850,000. Wells Fargo & Company MN increased its position in shares of Quantenna Communications by 90.0% during the 3rd quarter. Wells Fargo & Company MN now owns 514,295 shares of the technology company’s stock valued at $8,646,000 after purchasing an additional 243,655 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Quantenna Communications by 17.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,122,726 shares of the technology company’s stock valued at $18,817,000 after purchasing an additional 170,542 shares during the last quarter. Citadel Advisors LLC increased its position in shares of Quantenna Communications by 248.6% during the 4th quarter. Citadel Advisors LLC now owns 149,001 shares of the technology company’s stock valued at $1,818,000 after purchasing an additional 106,255 shares during the last quarter. Finally, Ellington Management Group LLC purchased a new stake in shares of Quantenna Communications during the 4th quarter valued at $322,000. 47.55% of the stock is owned by hedge funds and other institutional investors.

QTNA has been the subject of a number of analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price target on shares of Quantenna Communications in a research report on Tuesday, February 13th. BidaskClub raised Quantenna Communications from a “hold” rating to a “buy” rating in a research report on Saturday, March 10th. Zacks Investment Research raised Quantenna Communications from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. ValuEngine raised Quantenna Communications from a “sell” rating to a “hold” rating in a research report on Thursday, March 1st. Finally, Northland Securities initiated coverage on Quantenna Communications in a research report on Thursday, March 8th. They issued an “outperform” rating and a $18.00 price target for the company. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Quantenna Communications presently has a consensus rating of “Hold” and an average target price of $19.60.

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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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