Media headlines about Quantenna Comms (NASDAQ:QTNA) have trended somewhat negative this week, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Quantenna Comms earned a media sentiment score of -0.05 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 45.1402548417944 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Robbins Arroyo LLP : Is Investigating the Officers and Directors of Quantenna Communications, Inc. (QTNA) on Behalf of Shareholders (4-traders.com)
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by the Board of Directors of Quantenna Communications, Inc. (finance.yahoo.com)
- Robbins Arroyo LLP Is Investigating the Officers and Directors of Quantenna Communications, Inc. (QTNA) on Behalf of Shareholders (finance.yahoo.com)
- Insider Selling: Quantenna Comms (QTNA) SVP Sells 6,899 Shares of Stock (americanbankingnews.com)
- Critical Review: Oplink Communications (OPLK) vs. Quantenna Comms (QTNA) (americanbankingnews.com)
A number of equities analysts recently weighed in on QTNA shares. Needham & Company LLC reduced their price target on Quantenna Comms from $26.00 to $20.00 and set a “strong-buy” rating for the company in a report on Tuesday, November 7th. Barclays PLC cut Quantenna Comms to an “equal weight” rating in a report on Tuesday, November 7th. Roth Capital reduced their price target on Quantenna Comms from $27.00 to $17.00 and set a “buy” rating for the company in a report on Tuesday, November 7th. ValuEngine cut Quantenna Comms from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Finally, Zacks Investment Research cut Quantenna Comms from a “hold” rating to a “sell” rating in a report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $21.50.
Quantenna Comms (NASDAQ:QTNA) opened at $12.47 on Friday. The firm has a market capitalization of $422.49 and a PE ratio of 124.50. Quantenna Comms has a fifty-two week low of $9.60 and a fifty-two week high of $25.45. The company has a quick ratio of 3.51, a current ratio of 4.06 and a debt-to-equity ratio of 0.01.
In other Quantenna Comms news, Chairman Sam Heidari sold 2,000 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $15.15, for a total transaction of $30,300.00. Following the completion of the transaction, the chairman now owns 70,700 shares of the company’s stock, valued at $1,071,105. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Lionel Bonnot sold 5,500 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $10.72, for a total value of $58,960.00. Following the transaction, the senior vice president now directly owns 22,684 shares of the company’s stock, valued at approximately $243,172.48. The disclosure for this sale can be found here. Insiders have sold 133,732 shares of company stock valued at $2,188,958 in the last three months. Insiders own 22.62% of the company’s stock.
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Quantenna Comms Company Profile
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.
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