Arqit Quantum Inc. (NASDAQ:ARQQ – Get Free Report) insider Nicholas Nilan sold 522 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $23.78, for a total value of $12,413.16. Following the sale, the insider directly owned 904 shares in the company, valued at approximately $21,497.12. This represents a 36.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Nicholas William Nilan also recently made the following trade(s):
- On Tuesday, October 6th, Nicholas Nilan sold 493 shares of Arqit Quantum stock. The stock was sold at an average price of $24.19, for a total value of $11,925.67.
- On Friday, October 2nd, Nicholas Nilan sold 494 shares of Arqit Quantum stock. The stock was sold at an average price of $24.47, for a total value of $12,088.18.
Arqit Quantum Trading Down 6.5%
NASDAQ:ARQQ opened at $17.23 on Friday. Arqit Quantum Inc. has a 12-month low of $11.52 and a 12-month high of $61.11. The stock has a 50-day moving average price of $21.62 and a 200 day moving average price of $18.52.
Institutional Trading of Arqit Quantum
Analyst Upgrades and Downgrades
ARQQ has been the subject of a number of research analyst reports. Wall Street Zen raised shares of Arqit Quantum from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Weiss Ratings downgraded shares of Arqit Quantum from a “sell (d)” rating to a “sell (e+)” rating in a report on Thursday. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Arqit Quantum has an average rating of “Hold” and a consensus price target of $60.00.
Check Out Our Latest Stock Report on Arqit Quantum
More Arqit Quantum News
Here are the key news stories impacting Arqit Quantum this week:
- Positive Sentiment: Arqit reported preliminary fiscal 2026 second-half revenue of approximately $355,000 to $380,000. The update gives investors an early look at results and could support the stock if final figures or the company’s outlook exceed expectations. Arqit preliminary financial results
- Neutral Sentiment: Arqit updated its fiscal 2026 earnings guidance, but the available disclosure does not include the revised figures. Investors will likely need the full earnings release to assess revenue growth, cash consumption and customer adoption.
- Neutral Sentiment: A short-interest update lists total short interest at zero shares and a zero-day short-interest ratio, despite describing a significant increase. The apparently inconsistent data offers no clear evidence of either short-selling pressure or potential short-covering support.
- Negative Sentiment: Multiple insiders sold shares on October 5 and 6, including CEO Andrew Leaver, CRO Paul Feenan, COO Ben Wilder, General Counsel Patrick Willcocks, Director Garth Ritchie and Nicholas Nilan. The transactions involved roughly $230,000 across the two sessions, with several executives reducing their holdings by approximately 2% to 5% and Nilan making much larger percentage reductions. The filings do not state the reasons for the sales, but the breadth of the selling may weigh on investor confidence. Arqit insider sale SEC filing
- Negative Sentiment: The preliminary revenue range remains small for a publicly traded growth company, increasing the risk that investors will focus on execution and funding needs until Arqit demonstrates stronger commercial traction.
About Arqit Quantum
Arqit Quantum Inc is a cybersecurity company that develops encryption technology designed to protect data and communications against current and future cyber threats, including potential attacks enabled by quantum computing. The company’s solutions are intended for governments, enterprises and other organizations that need to secure sensitive information across networks, devices and cloud environments.
Arqit’s principal offering is QuantumCloud, a cloud-based platform designed to enable the creation and management of secure encryption keys.
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