Quantum-Si incorporated (NASDAQ:QSI - Get Free Report) CFO Jeffry R. Keyes sold 8,626 shares of Quantum-Si stock in a transaction on Friday, March 21st. The stock was sold at an average price of $1.39, for a total value of $11,990.14. Following the transaction, the chief financial officer now owns 1,188,194 shares in the company, valued at approximately $1,651,589.66. This represents a 0.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Quantum-Si Stock Down 3.1 %
QSI stock traded down $0.04 during mid-day trading on Friday, hitting $1.27. 3,162,139 shares of the company were exchanged, compared to its average volume of 9,509,749. Quantum-Si incorporated has a 12-month low of $0.61 and a 12-month high of $5.77. The firm has a market capitalization of $232.59 million, a P/E ratio of -1.98 and a beta of 2.75. The business has a fifty day simple moving average of $1.73 and a 200-day simple moving average of $1.49.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on QSI shares. National Bankshares set a $3.65 price target on shares of Quantum-Si in a research note on Wednesday, March 5th. Alliance Global Partners reiterated a "buy" rating on shares of Quantum-Si in a research report on Wednesday, March 5th. Finally, HC Wainwright restated a "buy" rating and issued a $5.50 target price on shares of Quantum-Si in a research report on Tuesday, January 14th.
Get Our Latest Stock Analysis on Quantum-Si
Hedge Funds Weigh In On Quantum-Si
Several large investors have recently made changes to their positions in QSI. Barclays PLC raised its position in Quantum-Si by 210.5% in the third quarter. Barclays PLC now owns 196,826 shares of the company's stock valued at $173,000 after purchasing an additional 133,438 shares during the period. SBI Securities Co. Ltd. purchased a new stake in shares of Quantum-Si in the 4th quarter valued at $60,000. Bank of New York Mellon Corp lifted its stake in Quantum-Si by 21.3% during the 4th quarter. Bank of New York Mellon Corp now owns 269,807 shares of the company's stock worth $728,000 after acquiring an additional 47,400 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Quantum-Si during the 4th quarter valued at about $95,000. Finally, Geode Capital Management LLC grew its position in Quantum-Si by 6.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,316,921 shares of the company's stock valued at $2,044,000 after acquiring an additional 145,091 shares in the last quarter. 39.90% of the stock is currently owned by institutional investors and hedge funds.
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.
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