Quantum Computing (NASDAQ:QUBT) Shares Down 3.5% Following Insider Selling

Shares of Quantum Computing Inc. (NASDAQ:QUBT) traded down 3.5% during mid-day trading on Tuesday following insider selling activity. The company traded as low as $11.46 and last traded at $11.69. 14,715,672 shares changed hands during trading, a decline of 13% from the average session volume of 16,962,057 shares. The stock had previously closed at $12.11.

Specifically, COO Milan Begliarbekov sold 2,860 shares of the firm’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $11.85, for a total transaction of $33,891.00. Following the completion of the sale, the chief operating officer directly owned 24,240 shares of the company’s stock, valued at $287,244. This trade represents a 10.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Analysts Set New Price Targets

Several brokerages recently weighed in on QUBT. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum Computing in a research report on Monday, December 29th. Cantor Fitzgerald restated a “neutral” rating and set a $15.00 price target on shares of Quantum Computing in a report on Thursday, December 18th. Lake Street Capital reduced their price objective on shares of Quantum Computing from $24.00 to $16.00 and set a “buy” rating for the company in a research note on Monday, November 17th. Wedbush began coverage on shares of Quantum Computing in a research report on Wednesday, December 17th. They set a “neutral” rating and a $12.00 target price on the stock. Finally, Ascendiant Capital Markets reduced their price target on Quantum Computing from $40.00 to $25.00 and set a “buy” rating for the company in a research report on Monday, December 22nd. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.00.

More Quantum Computing News

Here are the key news stories impacting Quantum Computing this week:

• Positive Sentiment: Quantum Computing was selected as the stalking-horse bidder for selected Luminar assets and formally advanced a bid to acquire Luminar’s LiDAR business — a move management says advances QCi’s commercial platform and complements its Luminar Semiconductor purchase. This acquisition path can expand addressable markets (automotive/ADAS) and revenue pathways if completed. PR Newswire
• Positive Sentiment: Street analysts show bullish price-target upside — Zacks notes a consensus implying ~40% upside. While such averages are imperfect, upward earnings-estimate revisions or renewed conviction from analysts could lift sentiment and drive buying interest. Zacks
• Neutral Sentiment: Commentary flagged a possible short-covering dynamic that contrarian traders should watch — short squeezes can produce sharp short-term rallies, but the item is tactical and timing-dependent. Schaeffers Research
• Neutral Sentiment: Data on short interest appears inconsistent/zeroed in recent prints (reported 0 shares), suggesting reporting anomalies rather than a real change; that makes short-interest signals unreliable for now. (No external link — aggregated market data.)
• Negative Sentiment: Insider selling: COO Milan Begliarbekov sold 2,860 shares at about $11.85 (≈$33.9k), trimming his stake ~10.6%. The sale is small in dollar terms but can be perceived negatively by momentum investors or exacerbate weakness after a failed intraday bounce. InsiderTrades

Quantum Computing Price Performance

The firm has a market capitalization of $2.62 billion, a P/E ratio of -19.16 and a beta of 3.49. The business has a 50 day moving average price of $11.67 and a 200 day moving average price of $15.47.

Quantum Computing (NASDAQ:QUBT) last released its earnings results on Friday, November 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.05). The business had revenue of $0.38 million during the quarter, compared to analyst estimates of $0.12 million.

Institutional Investors Weigh In On Quantum Computing

Several hedge funds and other institutional investors have recently modified their holdings of QUBT. Vanguard Group Inc. increased its position in Quantum Computing by 23.1% during the third quarter. Vanguard Group Inc. now owns 12,197,605 shares of the company’s stock worth $224,558,000 after acquiring an additional 2,286,514 shares during the period. Alyeska Investment Group L.P. acquired a new stake in Quantum Computing in the 3rd quarter worth $123,014,000. Anson Funds Management LP increased its holdings in shares of Quantum Computing by 14.9% during the 3rd quarter. Anson Funds Management LP now owns 5,373,455 shares of the company’s stock worth $98,925,000 after purchasing an additional 695,092 shares during the period. Ghisallo Capital Management LLC acquired a new position in shares of Quantum Computing during the third quarter valued at about $74,194,000. Finally, Polar Asset Management Partners Inc. lifted its stake in shares of Quantum Computing by 72.3% in the third quarter. Polar Asset Management Partners Inc. now owns 2,686,727 shares of the company’s stock valued at $48,643,000 after buying an additional 1,127,427 shares during the period. Institutional investors and hedge funds own 4.26% of the company’s stock.

About Quantum Computing

Quantum Computing Inc (NASDAQ: QUBT) is a provider of quantum computing and quantum-inspired algorithm solutions, headquartered in the United States with research and development operations in Europe. Originally incorporated as Unigrid Software in 2019, the company rebranded in 2021 to reflect its strategic focus on commercializing emerging quantum technologies for enterprise and government customers.

The company’s flagship product, Qatalyst, is a quantum-inspired optimization platform that applies advanced heuristic solvers to address complex combinatorial problems in logistics, supply chain management, finance and other data-intensive fields.