Barclays PLC initiated coverage on shares of Quantenna Communications Inc (NASDAQ:QTNA) in a research note published on Tuesday. The firm issued an overweight rating and a $23.00 price target on the stock.
Separately, Deutsche Bank AG assumed coverage on shares of Quantenna Communications in a research report on Tuesday. They set a buy rating and a $25.00 price target for the company. Six analysts have rated the stock with a buy rating, The stock has an average rating of Buy and a consensus price target of $24.40.
Quantenna Communications (NASDAQ:QTNA) opened at 19.99 on Tuesday. The stock’s market cap is $655.29 billion. The firm’s 50-day moving average is $17.05 and its 200-day moving average is $17.05. Quantenna Communications has a 12 month low of $13.75 and a 12 month high of $20.63.
In other Quantenna Communications 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 price of $16.00 per share, with a total value of $160,000.00. Following the completion of the acquisition, the chief financial officer now directly owns 10,000 shares in the company, valued at approximately $160,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark A. Stevens acquired 15,000 shares of the firm’s stock in a transaction on Wednesday, November 2nd. The stock was acquired 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.
Quantenna Communications Company Profile