Quantum-Si Incorporated (NASDAQ:QSI - Get Free Report) CFO Jeffry R. Keyes sold 8,624 shares of Quantum-Si stock in a transaction on Monday, June 23rd. The shares were sold at an average price of $1.61, for a total transaction of $13,884.64. Following the completion of the transaction, the chief financial officer now directly owns 1,179,570 shares in the company, valued at $1,899,107.70. The trade was a 0.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Quantum-Si Stock Up 13.9%
Shares of Quantum-Si stock opened at $1.88 on Wednesday. The firm has a market cap of $344.98 million, a price-to-earnings ratio of -2.76 and a beta of 2.87. Quantum-Si Incorporated has a 52-week low of $0.61 and a 52-week high of $5.77. The company's 50-day simple moving average is $1.51 and its 200-day simple moving average is $1.72.
Quantum-Si (NASDAQ:QSI - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.11) earnings per share for the quarter, beating analysts' consensus estimates of ($0.17) by $0.06. The company had revenue of $0.84 million for the quarter, compared to analyst estimates of $0.96 million. Quantum-Si had a negative return on equity of 41.44% and a negative net margin of 2,925.41%. Equities research analysts anticipate that Quantum-Si Incorporated will post -0.65 EPS for the current year.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on the company. Alliance Global Partners reissued a "buy" rating on shares of Quantum-Si in a report on Friday, May 16th. HC Wainwright reiterated a "buy" rating and issued a $5.50 target price on shares of Quantum-Si in a research note on Monday, May 19th. Finally, National Bankshares set a $3.65 price target on Quantum-Si in a research note on Wednesday, March 5th.
Get Our Latest Report on QSI
Institutional Trading of Quantum-Si
Institutional investors have recently modified their holdings of the business. Millennium Management LLC acquired a new position in Quantum-Si during the first quarter worth $4,721,000. Renaissance Technologies LLC grew its stake in shares of Quantum-Si by 1,211.4% during the 4th quarter. Renaissance Technologies LLC now owns 544,956 shares of the company's stock worth $1,471,000 after purchasing an additional 503,400 shares during the period. Nuveen LLC purchased a new position in shares of Quantum-Si in the 1st quarter valued at about $383,000. XTX Topco Ltd increased its holdings in shares of Quantum-Si by 460.5% in the 4th quarter. XTX Topco Ltd now owns 245,585 shares of the company's stock valued at $663,000 after purchasing an additional 201,773 shares in the last quarter. Finally, Two Sigma Investments LP acquired a new stake in shares of Quantum-Si in the fourth quarter valued at about $412,000. 39.90% of the stock is currently owned by hedge funds and other institutional investors.
About Quantum-Si
(
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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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