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.
View Our Latest Research Report on Quantum-Si
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
(
Get Free Report)
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.
See Also
Before you consider Quantum-Si, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quantum-Si wasn't on the list.
While Quantum-Si currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
