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.
About Quantenna Communications