Fmr Llc is the third biggest owner of Quantenna Communications, Inc. (QTNA)

Quantenna Communications, Inc. (NASDAQ:QTNA) enjoyed a 31.91% run-up in share price since hitting record low of $12.19. The stock managed 2.68% rise and now stands at $16.08 as of 01/11/2019. At recent session, the prices were hovering between $15.55 and $16.11. This company shares are 27.86% off its target price of $20.56 and the current market capitalization stands at $585.63M. The recent change has given its price a 4.83% lead over SMA 50 and -17.16% deficit over its 52-week high. The stock witnessed 8.58% gains, -0.56% declines and -2.37% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found QTNA’s volatility during a week at 4% and during a month it has been found around 3.69%.

Quantenna Communications, Inc. (QTNA) Top Holders

Institutional investors currently hold around $380 million or 79.1% in QTNA stock. Look at its top three institutional owners. Jpmorgan Chase & Co owns $35.86 million in Quantenna Communications, Inc., which represents roughly 6.12% of the company’s market cap and approximately 9.44% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 2,190,741 shares of the stock are valued at $35.23 million. The third largest holder is Fmr Llc, which currently holds $23.36 million worth of this stock and that ownership represents nearly 3.99% of its market capitalization.

Quantenna Communications, Inc. 13F Filings

At the end of September reporting period, 88 institutional holders increased their position in Quantenna Communications, Inc. (NASDAQ:QTNA) by some 4,417,433 shares, 52 decreased positions by 3,623,399 and 21 held positions by 15,572,518. That puts total institutional holdings at 23,613,350 shares, according to SEC filings. The stock grabbed 29 new institutional investments totaling 1,708,174 shares while 15 institutional investors sold out their entire positions totaling 1,108,956 shares.

Quantenna Communications, Inc. (NASDAQ:QTNA) Insider Trades

Multiple company employees have indulged in significant insider trading. Quantenna Communications, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that SVP Worldwide Sales Carroll David William has sold 39,083 shares of Quantenna Communications, Inc. (QTNA) in trading session dated Jan. 11, 2019. These shares are worth $605,787 and were traded at $15.5 each. The SEC filing shows that Heidari Sam performed a sale of 8,000 shares. The Chairman and CEO disposed these shares by way of transaction on Jan. 11, 2019. The company’s shares were given away at $16.02 per share worth to an income of some $128,160 on account of Heidari Sam.

Chairman and CEO, Heidari Sam, sold 15,000 common shares of Quantenna Communications, Inc. (QTNA) in the open market. In a transaction dated Jan. 08, 2019, the shares were put up for sale at an average price of $15, raking in a sum of $225,000. After this sale, 191,028 common shares of QTNA are directly owned by the insider, with total stake valued at $3,071,730.

In the transaction dated Jan. 03, 2019, the great number of shares disposed came courtesy the SVP Worldwide Sales; Carroll David William disposed a total of 23,710 shares at an average price of $14.05, amounting to approximately $333,126. The insider now directly owns 60,754 shares worth $976,924.

Quantenna Communications, Inc. (QTNA) Analyst Guide

Several analysts have released their opinion on Quantenna Communications, Inc. (NASDAQ:QTNA), with 6 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.5 average brokerage recommendation.