Quantum-Si incorporated (NASDAQ:QSI) Director Jonathan M. Rothberg Sells 3,506,267 Shares

Quantum-Si incorporated (NASDAQ:QSI) Director Jonathan M. Rothberg sold 3,506,267 shares of Quantum-Si stock in a transaction on Friday, December 27th. The shares were sold at an average price of $3.34, for a total value of $11,710,931.78. Following the sale, the director now directly owns 1,250,000 shares of the company’s stock, valued at approximately $4,175,000. This trade represents a 73.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Quantum-Si Trading Down 18.9 %

Shares of NASDAQ QSI opened at $2.70 on Wednesday. Quantum-Si incorporated has a 12-month low of $0.61 and a 12-month high of $4.14. The stock’s fifty day simple moving average is $1.25 and its two-hundred day simple moving average is $1.07. The stock has a market capitalization of $385.33 million, a PE ratio of -4.22 and a beta of 3.20.

Wall Street Analyst Weigh In

Several research firms recently weighed in on QSI. HC Wainwright lifted their price objective on Quantum-Si from $4.00 to $5.50 and gave the company a “buy” rating in a report on Thursday, November 21st. Canaccord Genuity Group reduced their price target on shares of Quantum-Si from $1.50 to $1.00 and set a “hold” rating for the company in a report on Wednesday, November 13th.

Institutional Investors Weigh In On Quantum-Si

A number of institutional investors have recently added to or reduced their stakes in QSI. Bank of New York Mellon Corp raised its holdings in Quantum-Si by 3.5% in the second quarter. Bank of New York Mellon Corp now owns 322,460 shares of the company’s stock worth $339,000 after purchasing an additional 10,811 shares in the last quarter. XTX Topco Ltd raised its stake in shares of Quantum-Si by 81.3% during the 3rd quarter. XTX Topco Ltd now owns 43,812 shares of the company’s stock worth $39,000 after acquiring an additional 19,651 shares in the last quarter. Green Alpha Advisors LLC lifted its position in Quantum-Si by 35.4% during the third quarter. Green Alpha Advisors LLC now owns 175,055 shares of the company’s stock valued at $154,000 after acquiring an additional 45,796 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Quantum-Si in the third quarter valued at approximately $53,000. Finally, Barclays PLC grew its holdings in Quantum-Si by 210.5% in the third quarter. Barclays PLC now owns 196,826 shares of the company’s stock worth $173,000 after purchasing an additional 133,438 shares during the last quarter. 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.