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 stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $1.39, for a total transaction of $32,952.73. Following the sale, the chief executive officer now directly owns 2,646,716 shares in the company, valued at $3,678,935.24. This trade represents a 0.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Quantum-Si Stock Down 1.4 %

Shares of QSI stock opened at $1.39 on Thursday. The firm has a market capitalization of $254.56 million, a PE ratio of -2.17 and a beta of 2.75. The company has a 50 day moving average price of $1.75 and a 200-day moving average price of $1.49. Quantum-Si incorporated has a 52 week low of $0.61 and a 52 week high of $5.77.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Quantum-Si

A number of large investors have recently added to or reduced their stakes in QSI. XTX Topco Ltd grew its stake in shares of Quantum-Si by 81.3% during the 3rd quarter. XTX Topco Ltd now owns 43,812 shares of the company’s stock valued at $39,000 after purchasing an additional 19,651 shares during the period. Barclays PLC boosted its holdings in shares of Quantum-Si by 210.5% in the third 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 last quarter. Geode Capital Management LLC grew its position in 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. SG Americas Securities LLC increased its holdings 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 last quarter. Finally, Abel Hall LLC bought a new position in Quantum-Si in the fourth quarter worth approximately $28,000. Institutional investors own 39.90% of the company’s stock.

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.