D-Wave Quantum Inc. $QBTS Shares Bought by Csenge Advisory Group

Csenge Advisory Group lifted its position in shares of D-Wave Quantum Inc. (NYSE:QBTS) by 99.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 35,886 shares of the company’s stock after acquiring an additional 17,860 shares during the period. Csenge Advisory Group’s holdings in D-Wave Quantum were worth $887,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Atlantic Union Bankshares Corp acquired a new position in D-Wave Quantum during the 2nd quarter valued at about $29,000. Financial Consulate Inc. bought a new stake in shares of D-Wave Quantum during the third quarter valued at approximately $31,000. Parallel Advisors LLC raised its holdings in shares of D-Wave Quantum by 227.3% during the second quarter. Parallel Advisors LLC now owns 2,206 shares of the company’s stock valued at $32,000 after buying an additional 1,532 shares during the last quarter. Gables Capital Management Inc. acquired a new position in shares of D-Wave Quantum during the second quarter worth approximately $37,000. Finally, Huntington National Bank bought a new position in D-Wave Quantum in the 2nd quarter worth approximately $41,000. Institutional investors and hedge funds own 42.47% of the company’s stock.

Trending Headlines about D-Wave Quantum

Here are the key news stories impacting D-Wave Quantum this week:

• Positive Sentiment: D-Wave agreed to acquire Quantum Circuits Inc., a move that should accelerate the company’s access to gate‑model qubit technology and narrow the gap with competitors — a strategic rationale for longer‑term re‑rating if integration proceeds smoothly. D‑Wave Announces Agreement to Acquire Quantum Circuits Inc.
• Positive Sentiment: D‑Wave demonstrated the first scalable, on‑chip cryogenic control of gate‑model qubits — a technical milestone that strengthens its roadmap and could expand future product applications if commercialized. D‑Wave Demonstrates On‑Chip Cryogenic Control
• Positive Sentiment: Large institutional accumulation (Vanguard, UBS, State Street increases) and new coverage from boutique research raise the buyer base and lend stability to the stock as the company executes on commercialization and M&A.
• Positive Sentiment: Rosenblatt and other firms are issuing constructive coverage on quantum names, which can boost sentiment across the subsector and benefit QBTS as investors re‑rate growth prospects. Rigetti and Quantum Computing Stocks Are a Buy
• Neutral Sentiment: Zacks and other analysts are parsing Q4 results for pure‑play quantum companies; peer performance (e.g., IonQ) could influence relative flows into QBTS heading into earnings season. QBTS, RGTI, IONQ: Buy, Sell or Hold Ahead of Q4 Earnings?
• Neutral Sentiment: Long‑form retail coverage frames a bullish narrative around government adoption and product roadmaps — useful for sentiment but speculative and execution‑dependent. Could D‑Wave Stock Make You a Millionaire?
• Negative Sentiment: Insider selling: CEO Alan Baratz sold 35,013 shares and CFO John Markovich sold 9,179 shares in mid‑January — transactions that can create near‑term selling pressure or raise questions for some investors. CEO Form 4 CFO Form 4
• Negative Sentiment: Sector‑wide valuation concerns and reminders that commercial viability remains years away may keep volatility high and limit near‑term upside despite positive headlines. Quantum Computing Stocks Have Served Up an $840 Million Warning

Insider Activity

In other news, CFO John M. Markovich sold 9,179 shares of the business’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $28.06, for a total transaction of $257,562.74. Following the sale, the chief financial officer directly owned 1,462,133 shares of the company’s stock, valued at $41,027,451.98. The trade was a 0.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kirstjen Nielsen sold 7,000 shares of the stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $22.62, for a total value of $158,340.00. Following the completion of the transaction, the director owned 112,673 shares of the company’s stock, valued at $2,548,663.26. This trade represents a 5.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,346,916 shares of company stock valued at $65,591,314 in the last ninety days. 3.20% of the stock is owned by company insiders.

D-Wave Quantum Trading Up 0.4%

Shares of QBTS stock opened at $28.83 on Monday. The stock has a 50-day simple moving average of $26.22 and a 200 day simple moving average of $24.15. The stock has a market capitalization of $10.09 billion, a P/E ratio of -21.36 and a beta of 1.57. D-Wave Quantum Inc. has a fifty-two week low of $4.45 and a fifty-two week high of $46.75. The company has a quick ratio of 54.49, a current ratio of 54.68 and a debt-to-equity ratio of 0.05.

D-Wave Quantum (NYSE:QBTS) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.07) by $0.02. D-Wave Quantum had a negative net margin of 1,651.81% and a negative return on equity of 97.58%. The firm had revenue of $3.74 million for the quarter, compared to analysts’ expectations of $3.03 million. D-Wave Quantum’s revenue for the quarter was up 105.6% on a year-over-year basis. On average, sell-side analysts expect that D-Wave Quantum Inc. will post -0.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Zacks Research raised D-Wave Quantum from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 6th. Jefferies Financial Group initiated coverage on D-Wave Quantum in a report on Tuesday, December 16th. They set a “buy” rating and a $45.00 price target on the stock. Mizuho assumed coverage on shares of D-Wave Quantum in a report on Thursday, December 11th. They issued an “outperform” rating and a $46.00 price objective for the company. Benchmark raised their target price on shares of D-Wave Quantum from $20.00 to $35.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of D-Wave Quantum in a research report on Monday, December 29th. Fourteen analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, D-Wave Quantum currently has a consensus rating of “Moderate Buy” and an average price target of $33.67.

D-Wave Quantum Company Profile

D-Wave Quantum Inc (NYSE: QBTS) develops and provides quantum computing systems, software and services focused on quantum annealing technology. Headquartered in Burnaby, British Columbia, D-Wave designs specialized processors that leverage quantum mechanics to solve complex optimization and sampling problems. Since its founding in 1999 by physicists including Geordie Rose, the company has pursued the development of commercially viable quantum hardware and accompanying software tools.

The company’s product portfolio centers on its quantum annealers, which are complemented by hybrid solvers that integrate classical and quantum computing resources.