Today, Deutsche Bank AG Begins Coverage on Quantenna Communications Inc (QTNA)

Today, Deutsche Bank AG Begins Coverage on Quantenna Communications Inc (QTNA)

Deutsche Bank AG assumed coverage on shares of Quantenna Communications Inc (NASDAQ:QTNA) in a research report released on Tuesday morning. The firm issued a buy rating and a $25.00 target price on the stock.

Quantenna Communications (NASDAQ:QTNA) opened at 19.99 on Tuesday. The company’s market cap is $655.29 billion. Quantenna Communications has a 1-year low of $13.75 and a 1-year high of $20.63. The firm’s 50-day moving average price is $17.05 and its 200-day moving average price is $17.05.

In related news, CFO Sean Sobers acquired 10,000 shares of the firm’s stock in a transaction on Wednesday, November 2nd. The stock was purchased at an average cost of $16.00 per share, with a total value of $160,000.00. Following the acquisition, the chief financial officer now owns 10,000 shares of the company’s stock, valued at approximately $160,000. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Mark A. Stevens acquired 15,000 shares of the firm’s stock in a transaction on Wednesday, November 2nd. The shares were bought at an average cost of $16.00 per share, with a total value of $240,000.00. The disclosure for this purchase can be found here.

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