Quantum (NASDAQ:QMCO - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported ($0.96) EPS for the quarter, missing the consensus estimate of ($0.88) by ($0.08), Zacks reports. Quantum updated its Q4 2025 guidance to -1.210--1.110 EPS.
Quantum Stock Down 13.7 %
Shares of QMCO traded down $2.72 during midday trading on Friday, reaching $17.17. The company had a trading volume of 1,778,107 shares, compared to its average volume of 1,457,471. Quantum has a 1-year low of $2.22 and a 1-year high of $90.64. The firm has a 50 day simple moving average of $33.25 and a 200-day simple moving average of $15.26.
Wall Street Analyst Weigh In
Several research analysts recently commented on QMCO shares. Northland Securities increased their price objective on Quantum from $5.00 to $18.00 and gave the company a "market perform" rating in a research note on Thursday, January 30th. Lake Street Capital increased their price objective on Quantum from $5.00 to $20.00 and gave the company a "hold" rating in a research note on Wednesday, January 29th.
Read Our Latest Research Report on QMCO
Insiders Place Their Bets
In other Quantum news, CEO James J. Lerner sold 2,511 shares of the firm's stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $35.68, for a total value of $89,592.48. Following the completion of the sale, the chief executive officer now directly owns 107,804 shares of the company's stock, valued at $3,846,446.72. This trade represents a 2.28 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Kenneth P. Gianella sold 1,487 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $35.68, for a total value of $53,056.16. Following the transaction, the chief financial officer now owns 33,681 shares of the company's stock, valued at approximately $1,201,738.08. This represents a 4.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,208 shares of company stock valued at $274,764 in the last three months. 3.90% of the stock is currently owned by insiders.
About Quantum
(
Get Free Report)
Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Myriad All-Flash File and Object Storage Software for high performance enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, enriching video, audio, and image files, and workflow orchestration.
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