Quantum-Si (NASDAQ:QSI) CEO Sells $15,308.68 in Stock

Quantum-Si Incorporated (NASDAQ:QSI) CEO Jeffrey Hawkins sold 20,143 shares of Quantum-Si stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $0.76, for a total transaction of $15,308.68. Following the sale, the chief executive officer directly owned 3,649,659 shares in the company, valued at approximately $2,773,740.84. The trade was a 0.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Jeffrey Alan Hawkins also recently made the following trade(s):

• On Tuesday, September 22nd, Jeffrey Hawkins sold 9,709 shares of Quantum-Si stock. The stock was sold at an average price of $0.76, for a total value of $7,378.84.

Quantum-Si Stock Up 6.3%

QSI stock opened at $0.83 on Friday. The business has a fifty day moving average of $0.77 and a two-hundred day moving average of $0.88. The stock has a market cap of $182.61 million, a price-to-earnings ratio of -1.81 and a beta of 3.25. Quantum-Si Incorporated has a 52-week low of $0.69 and a 52-week high of $3.10.

Quantum-Si (NASDAQ:QSI) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.11) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.11). The firm had revenue of $0.34 million for the quarter, compared to analyst estimates of $0.30 million. Quantum-Si had a negative net margin of 6,138.26% and a negative return on equity of 47.12%. As a group, sell-side analysts anticipate that Quantum-Si Incorporated will post -0.47 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Alliance Global Partners reissued a “buy” rating on shares of Quantum-Si in a research report on Friday, August 14th. Weiss Ratings raised Quantum-Si from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday. Finally, Wall Street Zen upgraded Quantum-Si from a “sell” rating to a “hold” rating in a report on Saturday, September 12th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $1.00.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC acquired a new stake in Quantum-Si during the 1st quarter worth approximately $91,000. WINTON GROUP Ltd acquired a new position in shares of Quantum-Si in the second quarter worth $67,000. Green Alpha Advisors LLC purchased a new stake in shares of Quantum-Si during the second quarter worth $41,000. Corient Private Wealth LP purchased a new stake in shares of Quantum-Si during the second quarter worth $34,000. Finally, Hollencrest Capital Management raised its stake in shares of Quantum-Si by 301.1% in the first quarter. Hollencrest Capital Management now owns 40,111 shares of the company’s stock valued at $31,000 after acquiring an additional 30,111 shares in the last quarter. Institutional investors and hedge funds own 39.90% of the company’s stock.

Quantum-Si Company Profile

Quantum-Si Incorporated (NASDAQ:QSI) is a life sciences technology company focused on advancing proteomics, the study of proteins and their roles in biological systems. The company develops tools intended to help researchers identify and analyze proteins at the single-molecule level, supporting applications in drug discovery, translational research and precision medicine.

Its primary offering is the Platinum platform, which combines an automated instrument, proprietary sequencing technology, consumables and software for protein analysis.