Welcome to the boards.
It's always a tough call without a pic to go by, but I'm thinking this is an application problem.
You didn't say much about your spray technique or pattern, but if you were incionsistent in the amount of paint you lay down across a pael, I could see the result becoming what you describe.
The "proper" technique is to keep your workpiece close to horizontal, and move your hand from side to side evenly, depressing the nozzle before you get tot he edge of the piece, and releasing it after. Make your passes so that the pattern only overlaps minimally, and don't lay down too much at once. This pic shows one pass as described above:

The piece is just sort of lightly dusted. Five or six repeats of this will get you a smooth, consistent texture. If you see a glossy, "wet" look you may be laying down too much paint (byhaving your nozzle too close to the workpiece).
But I also read that you have wet sanded--are you suggesting the stripes are there after wet sanding? I would expect no texture to remain.