2 weeks Ago By Defense World Staff
Xponance Inc. lifted its holdings in shares of QuantumScape Co. (NYSE:QS – Free Report) by 17.
8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,862 shares of the company’s stock after purchasing an additional 2,400 shares during the quarter. Xponance Inc.
’s holdings in QuantumScape were worth $82,000 as of its most recent filing with the SEC. Several other hedge funds and other institutional investors have also made changes to their positions in QS. Raymond James Financial Inc.
purchased a new stake in QuantumScape during the 4th quarter worth approximately $1,527,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of QuantumScape during the fourth quarter worth $1,275,000. Geode Capital Management LLC raised its stake in shares of QuantumScape by 3.
9% in the third quarter. Geode Capital Management LLC now owns 5,853,958 shares of the company’s stock valued at $33,671,000 after acquiring an additional 218,743 shares in the last quarter. Weiss Asset Management LP purchased a new position in QuantumScape in the third quarter valued at $828,000.
Finally, SG Americas Securities LLC grew its stake in QuantumScape by 127.0% during the 4th quarter. SG Americas Securities LLC now owns 204,630 shares of the company’s stock worth $1,062,000 after purchasing an additional 114,504 shares in the last quarter.
Hedge funds and other institutional investors own 29.87% of the company’s stock. QuantumScape Price PerformanceShares of NYSE QS opened at $4.
32 on Friday. The stock’s 50-day simple moving average is $4.81 and its 200-day simple moving average is $5.
19. The firm has a market capitalization of $2.36 billion, a PE ratio of -4.
59 and a beta of 4.45. QuantumScape Co.
has a fifty-two week low of $4.05 and a fifty-two week high of $9.52.
The company has a debt-to-equity ratio of 0.03, a quick ratio of 14.07 and a current ratio of 14.
07. QuantumScape (NYSE:QS – Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The company reported ($0.
22) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.01).
As a group, equities research analysts forecast that QuantumScape Co. will post -0.82 EPS for the current fiscal year.
Wall Street Analysts Forecast GrowthQS has been the subject of several recent research reports. Truist Financial decreased their price objective on QuantumScape from $7.00 to $6.
00 and set a “hold” rating for the company in a research note on Friday, February 14th. Evercore ISI reiterated a “hold” rating on shares of QuantumScape in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock.
According to MarketBeat.com, QuantumScape currently has an average rating of “Hold” and a consensus price target of $6.06.
View Our Latest Research Report on QSInsider Buying and Selling at QuantumScapeIn related news, CFO Kevin Hettrich sold 36,949 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of $5.06, for a total transaction of $186,961.
94. Following the completion of the sale, the chief financial officer now directly owns 1,024,325 shares of the company’s stock, valued at $5,183,084.50.
This trade represents a 3.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Also, insider Michael O. Mccarthy III sold 76,315 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $5.
23, for a total transaction of $399,127.45. Following the transaction, the insider now owns 1,010,523 shares of the company’s stock, valued at approximately $5,285,035.
29. The trade was a 7.02 % decrease in their position.
The disclosure for this sale can be found here. Insiders sold 180,147 shares of company stock worth $935,758 over the last 90 days. Corporate insiders own 12.
03% of the company’s stock. About QuantumScape (Free Report)QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.
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