1 week Ago By ABMN Staff
Vanguard Group Inc. grew its holdings in shares of Quantum Computing Inc. ( NASDAQ:QUBT – Free Report ) by 83.
6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,186,729 shares of the company’s stock after buying an additional 1,906,749 shares during the quarter. Vanguard Group Inc.
’s holdings in Quantum Computing were worth $69,290,000 at the end of the most recent quarter. Several other large investors also recently made changes to their positions in QUBT. Archer Investment Corp purchased a new stake in Quantum Computing during the 4th quarter worth $33,000.
IFP Advisors Inc purchased a new stake in Quantum Computing during the 4th quarter worth $33,000. Farther Finance Advisors LLC acquired a new stake in shares of Quantum Computing during the fourth quarter valued at about $33,000. Virtu Financial LLC increased its position in shares of Quantum Computing by 377.
7% during the third quarter. Virtu Financial LLC now owns 60,557 shares of the company’s stock worth $40,000 after acquiring an additional 47,880 shares during the last quarter. Finally, Hollencrest Capital Management acquired a new position in shares of Quantum Computing in the fourth quarter worth about $41,000.
Institutional investors and hedge funds own 4.26% of the company’s stock. Quantum Computing Stock Performance Quantum Computing stock opened at $6.
85 on Friday. The stock has a 50 day moving average of $7.26 and a 200-day moving average of $7.
08. The stock has a market cap of $940.13 million, a P/E ratio of -23.
62 and a beta of 3.00. Quantum Computing Inc.
has a 52 week low of $0.35 and a 52 week high of $27.15.
Insider Buying and Selling at Quantum Computing In other news, insider Yuping Huang sold 200,000 shares of Quantum Computing stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $8.48, for a total value of $1,696,000.
00. Following the completion of the transaction, the insider now owns 24,051,256 shares in the company, valued at approximately $203,954,650.88.
This trade represents a 0.82 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website .
31.10% of the stock is currently owned by insiders. About Quantum Computing ( Free Report ) Quantum Computing Inc, an integrated photonics company, offers accessible and affordable quantum machines.
The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure. See Also Want to see what other hedge funds are holding QUBT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Quantum Computing Inc. ( NASDAQ:QUBT – Free Report ). Receive News & Ratings for Quantum Computing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quantum Computing and related companies with MarketBeat.
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