Trade Report: Today, Quantenna Communications Inc (QTNA) Research Coverage Started at Barclays PLC

Today, Quantenna Communications Inc (QTNA) Research Coverage Started at Barclays PLC

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

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