Quantum-Si incorporated (NASDAQ:QSI) CFO Jeffry R. Keyes Sells 8,626 Shares

Quantum-Si incorporated (NASDAQ:QSI) CFO Jeffry R. Keyes sold 8,626 shares of Quantum-Si stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $1.39, for a total transaction of $11,990.14. Following the completion of the transaction, the chief financial officer now directly owns 1,188,194 shares of the company’s stock, valued at $1,651,589.66. This trade represents a 0.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Quantum-Si Trading Up 1.7 %

NASDAQ:QSI opened at $1.48 on Tuesday. The company has a market cap of $271.05 million, a PE ratio of -2.31 and a beta of 2.75. The company has a 50 day simple moving average of $1.78 and a two-hundred day simple moving average of $1.49. Quantum-Si incorporated has a 12 month low of $0.61 and a 12 month high of $5.77.

Institutional Trading of Quantum-Si

Several large investors have recently modified their holdings of the company. XTX Topco Ltd boosted its position in Quantum-Si by 81.3% in 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 last quarter. Barclays PLC lifted its stake in shares of 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. Geode Capital Management LLC boosted its holdings in shares of Quantum-Si by 6.7% in 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 during the last quarter. SG Americas Securities LLC grew its position in Quantum-Si by 12.4% during the fourth quarter. SG Americas Securities LLC now owns 67,588 shares of the company’s stock valued at $182,000 after buying an additional 7,470 shares during the period. Finally, Abel Hall LLC purchased a new stake in Quantum-Si during the fourth quarter valued at approximately $28,000. Institutional investors own 39.90% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. 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. National Bankshares set a $3.65 price target on Quantum-Si in a research note on Wednesday, March 5th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Quantum-Si in a research report on Wednesday, March 5th.

About Quantum-Si

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.