David William Carroll Sells 7,000 Shares of Quantenna Comms (NASDAQ:QTNA) Stock

Quantenna Comms (NASDAQ:QTNA) SVP David William Carroll sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $17.53, for a total value of $122,710.00. Following the transaction, the senior vice president now owns 44,149 shares of the company’s stock, valued at $773,931.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Tuesday, September 12th, David William Carroll sold 121 shares of Quantenna Comms stock. The stock was sold at an average price of $18.00, for a total value of $2,178.00.
  • On Wednesday, September 13th, David William Carroll sold 1,379 shares of Quantenna Comms stock. The shares were sold at an average price of $18.00, for a total value of $24,822.00.
  • On Monday, August 21st, David William Carroll sold 1,451 shares of Quantenna Comms stock. The shares were sold at an average price of $16.30, for a total value of $23,651.30.
  • On Monday, August 14th, David William Carroll sold 8,500 shares of Quantenna Comms stock. The shares were sold at an average price of $17.63, for a total value of $149,855.00.
  • On Monday, June 19th, David William Carroll sold 1,500 shares of Quantenna Comms stock. The shares were sold at an average price of $20.00, for a total transaction of $30,000.00.

Shares of Quantenna Comms (NASDAQ QTNA) opened at 17.055 on Friday. Quantenna Comms has a one year low of $13.75 and a one year high of $24.14. The company has a 50-day moving average of $17.78 and a 200-day moving average of $17.78. The company’s market capitalization is $590.61 million.

Quantenna Comms (NASDAQ:QTNA) last posted its quarterly earnings data on Monday, August 7th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. The company had revenue of $47.10 million for the quarter, compared to analysts’ expectations of $42.90 million. The business’s revenue was up 42.7% compared to the same quarter last year. On average, analysts anticipate that Quantenna Comms will post $0.27 earnings per share for the current year.

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A number of large investors have recently modified their holdings of QTNA. JPMorgan Chase & Co. boosted its position in shares of Quantenna Comms by 10.8% in the first quarter. JPMorgan Chase & Co. now owns 1,000,758 shares of the technology company’s stock valued at $20,846,000 after acquiring an additional 97,641 shares during the period. FMR LLC boosted its position 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 acquiring an additional 461,023 shares during the period. Whale Rock Capital Management LLC boosted its position 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 acquiring an additional 303,626 shares during the period. Vanguard Group Inc. boosted its position 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 acquiring an additional 291,167 shares during the period. Finally, Wellington Management Group LLP boosted its position 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 acquiring an additional 172,236 shares during the period. Hedge funds and other institutional investors own 37.89% of the company’s stock.

QTNA has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Quantenna Comms from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Barclays PLC reissued an “overweight” rating on shares of Quantenna Comms in a research note on Friday, July 21st. Finally, Needham & Company LLC reissued a “buy” rating on shares of Quantenna Comms in a research note on Tuesday, August 8th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target 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)

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