Institutional investors Show Increased Interest in Quantum Computing Inc. (QUBT)
Table of Contents
- Institutional investors Show Increased Interest in Quantum Computing Inc. (QUBT)
- Meaningful investment by Charles Schwab Investment Management
- Wider Institutional Interest in QUBT
- insider Trading Activity: A Notable Sale
- QUBT stock Performance and Key Metrics
- Recent Earnings Report
- Quantum Computing Inc.: Company Overview
- Explore Further Investment Insights
- Here are two relevant PAA questions for teh provided article:
- Institutional Investors Show Increased Interest in Quantum Computing Inc. (QUBT)
Analysis of recent trading activity reveals growing confidence in the quantum computing sector.
Meaningful investment by Charles Schwab Investment Management
A noteworthy development in the fourth quarter saw Charles Schwab Investment Management Inc. establish a position in Quantum Computing Inc. (NASDAQ:QUBT – Free Report). the investment firm acquired 30,573 shares,an investment valued at approximately $506,000,signaling a potential bullish outlook on the company’s future.
Wider Institutional Interest in QUBT
Charles Schwab’s investment is not an isolated incident. Several other institutional investors have also adjusted their holdings in Quantum Computing, indicating a broader trend of growing interest. Such as, UNICOM Systems Inc. invested $5,707,000 during the same period. SBI Securities Co. Ltd. made a similar move, purchasing shares valued at around $1,602,000. SG Americas Securities LLC also established a new position, investing approximately $626,000.
Virtu financial LLC significantly increased its stake, boosting its holdings by 377.7% in the third quarter.They now possess 60,557 shares,worth $40,000,after acquiring an additional 47,880 shares. Janney Montgomery Scott LLC also initiated a new position in Quantum Computing during the fourth quarter, valued at about $786,000.Currently, hedge funds and other institutional investors collectively own 4.26% of the company’s stock, suggesting a moderate level of institutional confidence.
insider Trading Activity: A Notable Sale
While institutional investors are increasing their positions, there has been notable insider activity. Yuping Huang, a company insider, sold 200,000 shares on Tuesday, March 25th. The shares were sold at an average price of $8.48, resulting in a total transaction value of $1,696,000.00. Following this transaction, Huang directly owns 24,051,256 shares, valued at approximately $203,954,650.88. This sale represents a 0.82% reduction in their holdings.
The details of this transaction were disclosed in a filing with the Securities & Exchange Commission, accessible via this hyperlink. It’s vital to note that corporate insiders still hold a significant portion of the company’s stock,with a collective ownership of 31.10%.
QUBT stock Performance and Key Metrics
On Tuesday, Quantum Computing stock opened at $8.00. The stock’s 50-day simple moving average is $7.98,while its 200-day simple moving average is $6.73. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of -27.59, and a beta of 3.26. the stock’s 52-week range spans from a low of $0.35 to a high of $27.15.
Recent Earnings Report
Quantum Computing (NASDAQ:QUBT – Get Free Report) released its latest quarterly earnings data on Thursday, March 20th. The company reported an EPS of ($0.47) for the quarter, falling short of analysts’ consensus estimates of ($0.05) by ($0.42). The company’s revenue for the quarter was $0.06 million, compared to analysts’ expectations of $0.20 million. In the corresponding quarter of the previous year,the company reported an EPS of ($0.09).
Quantum Computing Inc.: Company Overview
Quantum Computing Inc. is focused on making quantum computing more accessible. The company offers several products, including Dirac systems, which are described as portable, low-power, room-temperature qubit and qudit entropy quantum computers (EQC). They also provide quantum random number generators (uQRNG), designed to provide genuine random numbers derived directly from quantum processes. Additionally, they offer quantum authentication solutions, aiming to enhance cybersecurity by leveraging entanglement-based quantum technology that can be integrated into existing interaction infrastructure.
Explore Further Investment Insights
Interested in discovering which other hedge funds are invested in QUBT? Visit HoldingsChannel.com to access the most recent 13F filings and insider trading data for quantum Computing Inc. (NASDAQ:QUBT – Free Report).
Here are two relevant PAA questions for teh provided article:
Institutional Investors Show Increased Interest in Quantum Computing Inc. (QUBT)
Recent developments indicate a growing confidence in Quantum Computing Inc. (QUBT) and the broader quantum computing sector.
Charles Schwab’s Strategic Investment in QUBT
In the fourth quarter, Charles Schwab Investment management Inc. acquired 30,573 shares of Quantum Computing Inc., valued at approximately $506,000. This investment suggests a bullish outlook on QUBT’s future prospects.
Broadening Institutional interest in Quantum Computing
Charles Schwab’s investment is part of a broader trend of institutional interest in Quantum Computing Inc. other notable investors include:
- UNICOM Systems Inc.: Invested $5.7 million during the same period.
- SBI Securities Co. Ltd.: Purchased shares valued at around $1.6 million.
- SG Americas Securities LLC: Established a new position with an investment of approximately $626,000.
Additionally,Virtu Financial LLC increased its stake by 377.7% in the third quarter, now holding 60,557 shares worth $40,000. Janney Montgomery Scott LLC also initiated a new position in QUBT during the fourth quarter, valued at about $786,000. Collectively, hedge funds and other institutional investors own 4.26% of the company’s stock, indicating moderate institutional confidence.
Insider Trading Activity: A Notable Sale
On March 25th, company insider Yuping Huang sold 200,000 shares at an average price of $8.48, totaling $1.7 million. Post-transaction, Huang retains 24,051,256 shares, valued at approximately $203.95 million. This sale represents a 0.82% reduction in holdings. It’s significant to interpret insider trading within the broader context of the company’s performance and industry trends. While insider sales can sometimes raise concerns, they don’t necessarily indicate a negative outlook, especially when insiders maintain a significant stake in the company.
QUBT Stock Performance and Key Metrics
As of April 1, 2025, Quantum Computing Inc. stock opened at $8.00. The 50-day simple moving average is $7.98, and the 200-day simple moving average is $6.73. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of -27.59, and a beta of 3.26. The stock’s 52-week range spans from a low of $0.35 to a high of $27.15.
Recent Earnings Report
On March 20th,Quantum Computing Inc. reported an earnings per share (EPS) of ($0.47) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.42). The company’s revenue for the quarter was $0.06 million, compared to analysts’ expectations of $0.20 million.In the corresponding quarter of the previous year, the company reported an EPS of ($0.09).
Quantum Computing inc.: Company Overview
Quantum Computing Inc.focuses on making quantum computing more accessible. The company offers several products, including dirac systems, which are portable, low-power, room-temperature qubit and qudit entropy quantum computers (EQC). They also provide quantum random number generators (uQRNG), designed to provide genuine random numbers derived directly from quantum processes. Additionally, they offer quantum authentication solutions, aiming to enhance cybersecurity by leveraging entanglement-based quantum technology that can be integrated into existing interaction infrastructure.
Explore Further Investment Insights
interested in discovering which other hedge funds are invested in QUBT? Visit HoldingsChannel.com to access the most recent 13F filings and insider trading data for Quantum Computing Inc. (NASDAQ: QUBT).
