152,683 Shares in Quantum-Si incorporated (NASDAQ:QSI) Purchased by Two Sigma Investments LP

Two Sigma Investments LP bought a new position in shares of Quantum-Si incorporated (NASDAQ:QSI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 152,683 shares of the company’s stock, valued at approximately $412,000. Two Sigma Investments LP owned 0.11% of Quantum-Si at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Wolverine Asset Management LLC acquired a new position in Quantum-Si during the 4th quarter worth about $26,000. Dudley Capital Management LLC purchased a new stake in Quantum-Si during the fourth quarter worth about $30,000. Jump Financial LLC acquired a new stake in shares of Quantum-Si during the fourth quarter worth about $33,000. Cetera Investment Advisers acquired a new stake in shares of Quantum-Si during the fourth quarter worth about $36,000. Finally, Balyasny Asset Management L.P. purchased a new position in shares of Quantum-Si in the fourth quarter valued at approximately $36,000. 39.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. National Bankshares set a $3.65 price objective on Quantum-Si in a research report on Wednesday, March 5th. Alliance Global Partners reissued a “buy” rating on shares of Quantum-Si in a research note on Friday, May 16th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $5.50 price target on shares of Quantum-Si in a research report on Monday, May 19th.

Insider Buying and Selling

In other Quantum-Si news, CEO Jeffrey Alan Hawkins sold 23,707 shares of Quantum-Si stock in a transaction on Friday, March 21st. The shares were sold at an average price of $1.39, for a total value of $32,952.73. Following the completion of the transaction, the chief executive officer now owns 2,646,716 shares of the company’s stock, valued at $3,678,935.24. The trade was a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Over the last 90 days, insiders have sold 36,650 shares of company stock worth $50,944. 30.04% of the stock is currently owned by corporate insiders.

Quantum-Si Price Performance

Shares of Quantum-Si stock opened at $1.71 on Tuesday. The business has a 50 day moving average price of $1.39 and a 200 day moving average price of $1.68. The company has a market capitalization of $313.78 million, a P/E ratio of -2.67 and a beta of 2.87. Quantum-Si incorporated has a 1 year low of $0.61 and a 1 year high of $5.77.

Quantum-Si (NASDAQ:QSI) last released its earnings results on Thursday, May 15th. The company reported ($0.11) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.06. Quantum-Si had a negative net margin of 3,968.84% and a negative return on equity of 36.96%. The firm had revenue of $0.84 million during the quarter, compared to analysts’ expectations of $0.96 million. As a group, research analysts expect that Quantum-Si incorporated will post -0.65 EPS for the current fiscal year.

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.