Citigroup Inc. Sells 32,927 Shares of Arqit Quantum Inc. (NASDAQ:ARQQ)

Citigroup Inc. lessened its position in Arqit Quantum Inc. (NASDAQ:ARQQFree Report) by 8.8% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 341,132 shares of the company’s stock after selling 32,927 shares during the period. Citigroup Inc. owned approximately 0.21% of Arqit Quantum worth $203,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of ARQQ. UBS Group AG raised its holdings in Arqit Quantum by 438.1% during the third quarter. UBS Group AG now owns 5,273 shares of the company’s stock worth $30,000 after buying an additional 4,293 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Arqit Quantum by 6.8% in the 4th quarter. Geode Capital Management LLC now owns 113,460 shares of the company’s stock worth $409,000 after acquiring an additional 7,180 shares during the last quarter. Penserra Capital Management LLC lifted its position in Arqit Quantum by 18.1% in the 4th quarter. Penserra Capital Management LLC now owns 54,313 shares of the company’s stock valued at $196,000 after acquiring an additional 8,321 shares in the last quarter. Two Sigma Investments LP acquired a new position in Arqit Quantum during the 4th quarter valued at about $47,000. Finally, Millennium Management LLC bought a new stake in Arqit Quantum during the 4th quarter worth approximately $49,000. Institutional investors own 16.60% of the company’s stock.

Arqit Quantum Stock Up 0.7 %

Shares of NASDAQ:ARQQ opened at $0.73 on Friday. The business’s 50 day moving average is $0.62 and its 200 day moving average is $0.55. Arqit Quantum Inc. has a 12-month low of $0.39 and a 12-month high of $1.65.

Arqit Quantum Company Profile

(Free Report)

Arqit Quantum Inc provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. It offers QuantumCloud, a Platform as a Service that creates unbreakable software encryption keys. The company also provides maintenance and support, and professional services. Arqit Quantum Inc is based in London, the United Kingdom.

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Institutional Ownership by Quarter for Arqit Quantum (NASDAQ:ARQQ)

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