220,000 Shares in QUANTENNA COMMS (QTNA) Acquired by Ardsley Advisory Partners

Ardsley Advisory Partners purchased a new position in QUANTENNA COMMS (NASDAQ:QTNA) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 220,000 shares of the technology company’s stock, valued at approximately $4,183,000. Ardsley Advisory Partners owned approximately 0.64% of QUANTENNA COMMS as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Verition Fund Management LLC acquired a new position in shares of QUANTENNA COMMS in the second quarter worth $551,000. California State Teachers Retirement System grew its stake in shares of QUANTENNA COMMS by 175.0% in the second quarter. California State Teachers Retirement System now owns 37,400 shares of the technology company’s stock worth $711,000 after acquiring an additional 23,800 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of QUANTENNA COMMS by 326.3% in the second quarter. The Manufacturers Life Insurance Company now owns 17,784 shares of the technology company’s stock worth $337,000 after acquiring an additional 13,612 shares in the last quarter. JHL Capital Group LLC acquired a new position in shares of QUANTENNA COMMS in the second quarter worth $5,700,000. Finally, Point72 Europe London LLP acquired a new position in shares of QUANTENNA COMMS in the second quarter worth $4,979,000. Institutional investors and hedge funds own 38.53% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This story was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this story on another publication, it was copied illegally and reposted in violation of US and international copyright and trademark law. The correct version of this story can be accessed at https://ledgergazette.com/2017/10/17/220000-shares-in-quantenna-comms-qtna-acquired-by-ardsley-advisory-partners.html.

In other QUANTENNA COMMS news, CFO Sean Sobers sold 4,966 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $19.29, for a total transaction of $95,794.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Lionel Bonnot sold 9,700 shares of the firm’s stock in a transaction on Tuesday, July 25th. The stock was sold at an average price of $19.75, for a total transaction of $191,575.00. Following the transaction, the senior vice president now directly owns 28,600 shares of the company’s stock, valued at $564,850. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 153,199 shares of company stock valued at $2,779,793. Company insiders own 22.62% of the company’s stock.

Several equities analysts have commented on QTNA shares. 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 decreased their price objective on shares of QUANTENNA COMMS from $23.00 to $21.00 and set an “overweight” rating for the company in a research report on Tuesday, August 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating on shares of QUANTENNA COMMS in a research report on Tuesday, August 8th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $23.83.

QUANTENNA COMMS (QTNA) traded down 0.72% during midday trading on Tuesday, hitting $16.50. 61,296 shares of the stock traded hands. QUANTENNA COMMS has a one year low of $13.75 and a one year high of $25.45. The company’s 50-day moving average is $17.15 and its 200-day moving average is $17.15. The company’s market cap is $571.40 million.

QUANTENNA COMMS (NASDAQ:QTNA) last released its quarterly earnings results on Monday, August 7th. The technology company reported $0.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.02. The firm had revenue of $47.10 million for the quarter, compared to

Several other large investors have also bought and sold shares of the business. Verition Fund Management LLC acquired a new position in shares of QUANTENNA COMMS in the second quarter worth $551,000. California State Teachers Retirement System grew its stake in shares of QUANTENNA COMMS by 175.0% in the second quarter. California State Teachers Retirement System now owns 37,400 shares of the technology company’s stock worth $711,000 after acquiring an additional 23,800 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of QUANTENNA COMMS by 326.3% in the second quarter. The Manufacturers Life Insurance Company now owns 17,784 shares of the technology company’s stock worth $337,000 after acquiring an additional 13,612 shares in the last quarter. JHL Capital Group LLC acquired a new position in shares of QUANTENNA COMMS in the second quarter worth $5,700,000. Finally, Point72 Europe London LLP acquired a new position in shares of QUANTENNA COMMS in the second quarter worth $4,979,000. Institutional investors and hedge funds own 38.53% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This story was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this story on another publication, it was copied illegally and reposted in violation of US and international copyright and trademark law. The correct version of this story can be accessed at https://ledgergazette.com/2017/10/17/220000-shares-in-quantenna-comms-qtna-acquired-by-ardsley-advisory-partners.html.

In other QUANTENNA COMMS news, CFO Sean Sobers sold 4,966 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $19.29, for a total transaction of $95,794.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Lionel Bonnot sold 9,700 shares of the firm’s stock in a transaction on Tuesday, July 25th. The stock was sold at an average price of $19.75, for a total transaction of $191,575.00. Following the transaction, the senior vice president now directly owns 28,600 shares of the company’s stock, valued at $564,850. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 153,199 shares of company stock valued at $2,779,793. Company insiders own 22.62% of the company’s stock.

Several equities analysts have commented on QTNA shares. 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 decreased their price objective on shares of QUANTENNA COMMS from $23.00 to $21.00 and set an “overweight” rating for the company in a research report on Tuesday, August 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating on shares of QUANTENNA COMMS in a research report on Tuesday, August 8th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $23.83.

QUANTENNA COMMS (QTNA) traded down 0.72% during midday trading on Tuesday, hitting $16.50. 61,296 shares of the stock traded hands. QUANTENNA COMMS has a one year low of $13.75 and a one year high of $25.45. The company’s 50-day moving average is $17.15 and its 200-day moving average is $17.15. The company’s market cap is $571.40 million.

QUANTENNA COMMS (NASDAQ:QTNA) last released its quarterly earnings results on Monday, August 7th. The technology company reported $0.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.02. The firm had revenue of $47.10 million for the quarter, compared to analyst estimates of $42.90 million. The firm’s revenue for the quarter was up 42.7% on a year-over-year basis. Equities research analysts expect that QUANTENNA COMMS will post $0.27 EPS for the current fiscal year.

QUANTENNA COMMS 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.

Institutional Ownership by Quarter for QUANTENNA COMMS (NASDAQ:QTNA)

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