Quantenna Comms (NASDAQ:QTNA) Receives Media Sentiment Rating of 0.15

News articles about Quantenna Comms (NASDAQ:QTNA) have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Quantenna Comms earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 44.0728927777486 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media stories that may have effected Accern Sentiment’s analysis:

Quantenna Comms (NASDAQ QTNA) traded down 0.23% during mid-day trading on Friday, reaching $17.56. The company had a trading volume of 178,390 shares. The firm’s market capitalization is $608.10 million. Quantenna Comms has a one year low of $13.75 and a one year high of $25.45. The firm’s 50-day moving average is $19.49 and its 200-day moving average is $19.96.

Quantenna Comms (NASDAQ:QTNA) last released its quarterly earnings data on Monday, August 7th. The technology company reported $0.07 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.02. The firm had revenue of $47.10 million for the quarter, compared to the consensus estimate of $42.90 million. The business’s revenue for the quarter was up 42.7% compared to the same quarter last year. On average, equities research analysts anticipate that Quantenna Comms will post $0.26 earnings per share for the current fiscal year.

A number of analysts recently weighed in on QTNA shares. Needham & Company LLC reiterated a “buy” rating on shares of Quantenna Comms in a research report on Tuesday. Zacks Investment Research upgraded shares of Quantenna Comms from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a research report on Tuesday, July 11th. Finally, Barclays PLC cut their price target 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. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Quantenna Comms presently has a consensus rating of “Buy” and an average price target of $23.83.

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In other Quantenna Comms news, Director John Scull sold 82,560 shares of the company’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $21.05, for a total value of $1,737,888.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP David William Carroll sold 3,026 shares of the company’s stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $21.02, for a total value of $63,606.52. Following the completion of the transaction, the senior vice president now owns 20,000 shares of the company’s stock, valued at approximately $420,400. The disclosure for this sale can be found here. Insiders have sold 2,246,206 shares of company stock valued at $44,770,739 in the last quarter. 22.62% of the stock is currently owned by corporate insiders.

About Quantenna Comms

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.

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