33,157 Shares in QUANTENNA COMMS (QTNA) Acquired by Citadel Advisors LLC

Citadel Advisors LLC purchased a new position in shares of QUANTENNA COMMS (NASDAQ:QTNA) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 33,157 shares of the technology company’s stock, valued at approximately $630,000. Citadel Advisors LLC owned about 0.10% of QUANTENNA COMMS at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of QTNA. JPMorgan Chase & Co. boosted its holdings in QUANTENNA COMMS by 10.8% in the 1st quarter. JPMorgan Chase & Co. now owns 1,000,758 shares of the technology company’s stock valued at $20,846,000 after purchasing an additional 97,641 shares during the last quarter. FMR LLC lifted its holdings in shares of QUANTENNA COMMS by 88.1% in the 2nd quarter. FMR LLC now owns 984,434 shares of the technology company’s stock worth $18,704,000 after acquiring an additional 461,023 shares during the last quarter. Whale Rock Capital Management LLC lifted its holdings in shares of QUANTENNA COMMS by 49.9% in the 1st quarter. Whale Rock Capital Management LLC now owns 912,601 shares of the technology company’s stock worth $19,009,000 after acquiring an additional 303,626 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of QUANTENNA COMMS by 90.8% in the 2nd quarter. Vanguard Group Inc. now owns 611,732 shares of the technology company’s stock worth $11,622,000 after acquiring an additional 291,167 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of QUANTENNA COMMS by 60.4% in the 1st quarter. Wellington Management Group LLP now owns 457,255 shares of the technology company’s stock worth $9,524,000 after acquiring an additional 172,236 shares during the last quarter. Hedge funds and other institutional investors own 38.53% of the company’s stock.

In other QUANTENNA COMMS news, SVP David William Carroll sold 7,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 11th. The stock was sold at an average price of $16.96, for a total transaction of $118,720.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Sam Heidari sold 2,800 shares of the business’s stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $20.00, for a total value of $56,000.00. Following the transaction, the chairman now directly owns 71,500 shares in the company, valued at approximately $1,430,000. The disclosure for this sale can be found here. Insiders have sold a total of 153,199 shares of company stock worth $2,779,793 in the last ninety days. Insiders own 22.62% of the company’s stock.

Several brokerages recently weighed in on QTNA. 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 dropped their price objective on shares of QUANTENNA COMMS from $23.00 to $21.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 8th. Finally, Needham & Company LLC reissued 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 company. QUANTENNA COMMS currently has a consensus rating of “Buy” and a consensus price target of $23.83.

Shares of QUANTENNA COMMS (NASDAQ QTNA) opened at 16.62 on Tuesday. QUANTENNA COMMS has a 1-year low of $13.75 and a 1-year high of $25.45. The stock has a 50 day moving average of $17.15 and a 200 day moving average of $17.15. The firm’s market cap is $575.55 million.

QUANTENNA COMMS (NASDAQ:QTNA) last announced its earnings results on Monday, August 7th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.02. The firm had revenue of $47.10 million during the quarter, compared to analyst estimates of $42.90 million. QUANTENNA COMMS’s revenue was up 42.7% on a year-over-

A number of other institutional investors and hedge funds have also bought and sold shares of QTNA. JPMorgan Chase & Co. boosted its holdings in QUANTENNA COMMS by 10.8% in the 1st quarter. JPMorgan Chase & Co. now owns 1,000,758 shares of the technology company’s stock valued at $20,846,000 after purchasing an additional 97,641 shares during the last quarter. FMR LLC lifted its holdings in shares of QUANTENNA COMMS by 88.1% in the 2nd quarter. FMR LLC now owns 984,434 shares of the technology company’s stock worth $18,704,000 after acquiring an additional 461,023 shares during the last quarter. Whale Rock Capital Management LLC lifted its holdings in shares of QUANTENNA COMMS by 49.9% in the 1st quarter. Whale Rock Capital Management LLC now owns 912,601 shares of the technology company’s stock worth $19,009,000 after acquiring an additional 303,626 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of QUANTENNA COMMS by 90.8% in the 2nd quarter. Vanguard Group Inc. now owns 611,732 shares of the technology company’s stock worth $11,622,000 after acquiring an additional 291,167 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of QUANTENNA COMMS by 60.4% in the 1st quarter. Wellington Management Group LLP now owns 457,255 shares of the technology company’s stock worth $9,524,000 after acquiring an additional 172,236 shares during the last quarter. Hedge funds and other institutional investors own 38.53% of the company’s stock.

In other QUANTENNA COMMS news, SVP David William Carroll sold 7,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 11th. The stock was sold at an average price of $16.96, for a total transaction of $118,720.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Sam Heidari sold 2,800 shares of the business’s stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $20.00, for a total value of $56,000.00. Following the transaction, the chairman now directly owns 71,500 shares in the company, valued at approximately $1,430,000. The disclosure for this sale can be found here. Insiders have sold a total of 153,199 shares of company stock worth $2,779,793 in the last ninety days. Insiders own 22.62% of the company’s stock.

Several brokerages recently weighed in on QTNA. 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 dropped their price objective on shares of QUANTENNA COMMS from $23.00 to $21.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 8th. Finally, Needham & Company LLC reissued 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 company. QUANTENNA COMMS currently has a consensus rating of “Buy” and a consensus price target of $23.83.

Shares of QUANTENNA COMMS (NASDAQ QTNA) opened at 16.62 on Tuesday. QUANTENNA COMMS has a 1-year low of $13.75 and a 1-year high of $25.45. The stock has a 50 day moving average of $17.15 and a 200 day moving average of $17.15. The firm’s market cap is $575.55 million.

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

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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.

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

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