Quantum-Si incorporated (NASDAQ:QSI) CEO Jeffrey Alan Hawkins Sells 23,707 Shares

Quantum-Si incorporated (NASDAQ:QSI) CEO Jeffrey Alan Hawkins sold 23,707 shares of the business’s stock in a transaction on Friday, March 21st. The stock was sold at an average price of $1.39, for a total transaction of $32,952.73. Following the transaction, the chief executive officer now owns 2,646,716 shares in the company, valued at approximately $3,678,935.24. The trade was a 0.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Quantum-Si Stock Up 1.7 %

Shares of NASDAQ QSI traded up $0.03 during mid-day trading on Monday, reaching $1.48. 7,168,237 shares of the company were exchanged, compared to its average volume of 9,480,965. Quantum-Si incorporated has a twelve month low of $0.61 and a twelve month high of $5.77. The stock has a market capitalization of $271.05 million, a P/E ratio of -2.31 and a beta of 2.75. The company’s 50-day simple moving average is $1.79 and its 200-day simple moving average is $1.48.

Institutional Investors Weigh In On Quantum-Si

Several hedge funds have recently bought and sold shares of QSI. XTX Topco Ltd increased its stake in shares of Quantum-Si by 81.3% during the third quarter. XTX Topco Ltd now owns 43,812 shares of the company’s stock worth $39,000 after purchasing an additional 19,651 shares during the period. Barclays PLC increased its position in Quantum-Si by 210.5% during the 3rd quarter. Barclays PLC now owns 196,826 shares of the company’s stock worth $173,000 after buying an additional 133,438 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Quantum-Si by 6.7% during the third quarter. Geode Capital Management LLC now owns 2,316,921 shares of the company’s stock worth $2,044,000 after buying an additional 145,091 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Quantum-Si by 12.4% in the fourth quarter. SG Americas Securities LLC now owns 67,588 shares of the company’s stock valued at $182,000 after acquiring an additional 7,470 shares during the period. Finally, Abel Hall LLC acquired a new position in shares of Quantum-Si in the fourth quarter valued at about $28,000. 39.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on QSI shares. National Bankshares set a $3.65 price objective on shares of Quantum-Si in a research report on Wednesday, March 5th. HC Wainwright reissued a “buy” rating and set a $5.50 price target on shares of Quantum-Si in a research report on Tuesday, January 14th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Quantum-Si in a research report on Wednesday, March 5th.

Quantum-Si Company Profile

Quantum-Si incorporated, a life sciences company, engages in the development of single-molecule detection platform to enable Next Generation Protein Sequencing (NGPS). The company's platform is comprised of the Platinum NGPS instrument; the Platinum Analysis Software service; and reagent kits and semiconductor chips for use with its instruments.