Green Alpha Advisors LLC Reduces Stock Holdings in Quantum-Si incorporated (NASDAQ:QSI)

Green Alpha Advisors LLC lessened its stake in shares of Quantum-Si incorporated (NASDAQ:QSI) by 9.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 158,858 shares of the company’s stock after selling 16,197 shares during the period. Green Alpha Advisors LLC’s holdings in Quantum-Si were worth $429,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. XTX Topco Ltd purchased a new stake in shares of Quantum-Si in the second quarter valued at $25,000. SG Americas Securities LLC bought a new position in Quantum-Si during the 3rd quarter valued at about $53,000. Barclays PLC raised its position in Quantum-Si by 210.5% in the 3rd quarter. Barclays PLC now owns 196,826 shares of the company’s stock worth $173,000 after purchasing an additional 133,438 shares during the period. Bank of New York Mellon Corp lifted its stake in Quantum-Si by 3.5% in the second quarter. Bank of New York Mellon Corp now owns 322,460 shares of the company’s stock worth $339,000 after purchasing an additional 10,811 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position 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 valued at $2,044,000 after buying an additional 145,091 shares during the period. 39.90% of the stock is currently owned by institutional investors.

Quantum-Si Price Performance

Quantum-Si stock opened at $2.64 on Monday. The stock has a market cap of $376.76 million, a price-to-earnings ratio of -4.13 and a beta of 2.74. The firm has a 50-day moving average of $1.70 and a two-hundred day moving average of $1.20. Quantum-Si incorporated has a 1 year low of $0.61 and a 1 year high of $5.77.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on QSI. Canaccord Genuity Group decreased their price target on Quantum-Si from $1.50 to $1.00 and set a “hold” rating for the company in a research note on Wednesday, November 13th. HC Wainwright lifted their target price on Quantum-Si from $4.00 to $5.50 and gave the stock a “buy” rating in a research report on Thursday, November 21st.

Insider Activity

In other news, Director Jonathan M. Rothberg sold 3,506,267 shares of the firm’s stock in a transaction on Friday, December 27th. The stock was sold at an average price of $3.34, for a total transaction of $11,710,931.78. Following the transaction, the director now owns 1,250,000 shares in the company, valued at approximately $4,175,000. This trade represents a 73.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 30.04% of the company’s stock.

Quantum-Si 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.