Sequans Communications S.A. (NYSE:SQNS - Free Report) - Research analysts at Roth Capital reduced their Q3 2026 earnings per share estimates for shares of Sequans Communications in a report issued on Wednesday, July 16th. Roth Capital analyst S. Searle now forecasts that the semiconductor company will earn ($0.08) per share for the quarter, down from their prior forecast of ($0.07). The consensus estimate for Sequans Communications' current full-year earnings is ($1.05) per share.
Separately, Wall Street Zen raised Sequans Communications to a "hold" rating in a research note on Friday, July 18th.
Read Our Latest Analysis on Sequans Communications
Sequans Communications Trading Down 7.9%
Shares of SQNS stock traded down $0.19 on Monday, reaching $2.15. The company had a trading volume of 3,378,479 shares, compared to its average volume of 11,730,762. The stock has a market cap of $54.69 million, a PE ratio of 0.99 and a beta of 0.44. The company has a 50-day moving average of $2.11 and a 200-day moving average of $2.30. Sequans Communications has a 12 month low of $1.17 and a 12 month high of $5.83.
Institutional Trading of Sequans Communications
A number of large investors have recently bought and sold shares of SQNS. XTX Topco Ltd bought a new position in shares of Sequans Communications during the 1st quarter worth approximately $70,000. Two Sigma Investments LP bought a new position in shares of Sequans Communications during the 4th quarter worth approximately $205,000. Manatuck Hill Partners LLC bought a new position in shares of Sequans Communications during the 4th quarter worth approximately $218,000. FNY Investment Advisers LLC grew its stake in shares of Sequans Communications by 54.1% during the 1st quarter. FNY Investment Advisers LLC now owns 134,830 shares of the semiconductor company's stock worth $283,000 after acquiring an additional 47,307 shares in the last quarter. Finally, Marshall Wace LLP grew its stake in shares of Sequans Communications by 473.3% during the 4th quarter. Marshall Wace LLP now owns 112,187 shares of the semiconductor company's stock worth $392,000 after acquiring an additional 92,620 shares in the last quarter. 63.33% of the stock is owned by institutional investors.
About Sequans Communications
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Sequans Communications SA engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband Internet of Things (IoT) markets in Taiwan, Korea, China, rest of Asia, Germany, the United States, and internationally. It offers baseband solutions for use in encoding and decoding data based on 4G and 5G protocols for wireless processing platform for a cellular device; RF transceivers used to transmit and receive wireless transmissions; highly integrated SoC solutions that combine various functions into a single die or package; and LTE modules.
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