Quantum-Si incorporated (NASDAQ:QSI) CEO Jeffrey Alan Hawkins Sells 23,707 Shares

Quantum-Si incorporated (NASDAQ:QSI - Get Free Report) CEO Jeffrey Alan Hawkins sold 23,707 shares of the stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $1.39, for a total transaction of $32,952.73. Following the transaction, the chief executive officer now directly owns 2,646,716 shares of the company's stock, valued at $3,678,935.24. This trade represents a 0.89 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Quantum-Si Stock Performance

QSI stock traded down $0.04 during midday trading on Friday, reaching $1.27. 3,162,139 shares of the company traded hands, compared to its average volume of 9,509,749. The firm has a market capitalization of $232.59 million, a price-to-earnings ratio of -1.98 and a beta of 2.75. The business has a 50 day moving average of $1.73 and a 200-day moving average of $1.49. Quantum-Si incorporated has a 52-week low of $0.61 and a 52-week high of $5.77.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. HC Wainwright reaffirmed a "buy" rating and set a $5.50 price objective on shares of Quantum-Si in a report on Tuesday, January 14th. National Bankshares set a $3.65 price target on shares of Quantum-Si in a research report on Wednesday, March 5th. Finally, Alliance Global Partners reiterated a "buy" rating on shares of Quantum-Si in a research report on Wednesday, March 5th.

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Institutional Trading of Quantum-Si

Several hedge funds and other institutional investors have recently bought and sold shares of QSI. Wolverine Asset Management LLC bought a new position in Quantum-Si during the fourth quarter valued at $26,000. Abel Hall LLC purchased a new position in shares of Quantum-Si during the 4th quarter worth about $28,000. Dudley Capital Management LLC purchased a new position in shares of Quantum-Si during the 4th quarter worth about $30,000. Jump Financial LLC bought a new position in Quantum-Si during the 4th quarter valued at about $33,000. Finally, Balyasny Asset Management L.P. purchased a new stake in Quantum-Si in the 4th quarter worth about $36,000. Hedge funds and other institutional investors own 39.90% of the company's stock.

Quantum-Si Company Profile

Quantum-Si incorporated, a life sciences company, engages in the development of single-molecule detection platform to enable Next Generation Protein Sequencing (NGPS). The company's platform is comprised of the Platinum NGPS instrument; the Platinum Analysis Software service; and reagent kits and semiconductor chips for use with its instruments.