D-Wave Quantum (NYSE:QBTS) CFO John Markovich Sells 328,752 Shares

D-Wave Quantum Inc. (NYSE:QBTS) CFO John Markovich sold 328,752 shares of D-Wave Quantum stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $27.70, for a total transaction of $9,106,430.40. Following the completion of the transaction, the chief financial officer directly owned 1,442,820 shares in the company, valued at $39,966,114. This trade represents a 18.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

D-Wave Quantum Stock Performance

Shares of NYSE:QBTS opened at $27.59 on Thursday. The company’s 50 day simple moving average is $19.03 and its 200 day simple moving average is $22.10. The stock has a market capitalization of $10.21 billion, a price-to-earnings ratio of -24.42 and a beta of 1.95. The company has a debt-to-equity ratio of 0.03, a current ratio of 21.41 and a quick ratio of 21.31. D-Wave Quantum Inc. has a 1 year low of $12.75 and a 1 year high of $46.75.

D-Wave Quantum (NYSE:QBTS) last announced its quarterly earnings data on Tuesday, May 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.03. The business had revenue of $2.86 million for the quarter, compared to analysts’ expectations of $4.19 million. D-Wave Quantum had a negative net margin of 2,957.23% and a negative return on equity of 44.06%. The firm’s quarterly revenue was down 80.9% compared to the same quarter last year. During the same period last year, the firm posted ($0.02) earnings per share. As a group, research analysts predict that D-Wave Quantum Inc. will post -0.44 EPS for the current fiscal year.

Hedge Funds Weigh In On D-Wave Quantum

Institutional investors and hedge funds have recently bought and sold shares of the company. Root Financial Partners LLC increased its holdings in D-Wave Quantum by 388.0% in the 4th quarter. Root Financial Partners LLC now owns 976 shares of the company’s stock worth $26,000 after purchasing an additional 776 shares in the last quarter. Kemnay Advisory Services Inc. bought a new stake in D-Wave Quantum during the 4th quarter worth approximately $28,000. EverSource Wealth Advisors LLC grew its holdings in D-Wave Quantum by 267.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,151 shares of the company’s stock worth $30,000 after acquiring an additional 838 shares during the last quarter. Mcguire Capital Advisors Inc. bought a new stake in D-Wave Quantum during the 4th quarter worth approximately $31,000. Finally, Ancora Advisors LLC bought a new stake in D-Wave Quantum during the 3rd quarter worth approximately $30,000. Institutional investors and hedge funds own 42.47% of the company’s stock.

D-Wave Quantum News Roundup

Here are the key news stories impacting D-Wave Quantum this week:

• Positive Sentiment: D-Wave signed a letter of intent with the U.S. Department of Commerce for $100 million in CHIPS and Science Act funding, and the company also said it secured second-year funding for its superconducting quantum innovation project. These announcements reinforce government backing for its hardware roadmap and could help support longer-term growth. Article Title
• Positive Sentiment: Several recent reports highlighted surging bookings, expanding enterprise adoption, and analyst comparisons suggesting QBTS may have more upside than peers like IonQ and Rigetti. That keeps the stock in focus as a commercial leader in quantum computing. Article Title
• Positive Sentiment: D-Wave pushed back on claims that a new classical-computing study disproved its quantum supremacy result, saying its benchmark claims still stand. Defending a core technical milestone may help preserve investor confidence in the company’s technology narrative. Article Title
• Neutral Sentiment: Industry coverage continues to frame quantum computing as moving into a commercial breakout phase, which supports long-term optimism for QBTS but does not represent a direct company-specific catalyst. Article Title
• Negative Sentiment: Multiple reports said QBTS shares fell after a study questioned D-Wave’s “quantum advantage” or “quantum supremacy” claims. That kind of technical skepticism can weigh on sentiment, especially for a valuation-sensitive growth stock. Article Title
• Negative Sentiment: CFO John M. Markovich sold 328,752 shares, reducing his position by about 18.6%. Insider selling can be a headwind for short-term sentiment, even if it does not necessarily signal a change in fundamentals. Article Title

Wall Street Analyst Weigh In

QBTS has been the topic of several research analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 price objective on shares of D-Wave Quantum in a research note on Wednesday, May 13th. Roth Mkm dropped their price objective on shares of D-Wave Quantum from $40.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Canaccord Genuity Group dropped their price objective on shares of D-Wave Quantum from $43.00 to $41.00 and set a “buy” rating for the company in a research note on Wednesday, May 13th. TD Cowen assumed coverage on shares of D-Wave Quantum in a research note on Thursday, February 12th. They issued a “buy” rating for the company. Finally, Wall Street Zen downgraded shares of D-Wave Quantum from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. Fourteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $34.67.

About D-Wave Quantum

D-Wave Quantum Inc (NYSE: QBTS) develops and provides quantum computing systems, software and services focused on quantum annealing technology. Headquartered in Burnaby, British Columbia, D-Wave designs specialized processors that leverage quantum mechanics to solve complex optimization and sampling problems. Since its founding in 1999 by physicists including Geordie Rose, the company has pursued the development of commercially viable quantum hardware and accompanying software tools.

The company’s product portfolio centers on its quantum annealers, which are complemented by hybrid solvers that integrate classical and quantum computing resources.