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.
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.
