D-Wave Quantum Inc. $QBTS Shares Purchased by Caitong International Asset Management Co. Ltd

Caitong International Asset Management Co. Ltd increased its holdings in shares of D-Wave Quantum Inc. (NYSE:QBTS) by 370.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 96,248 shares of the company’s stock after buying an additional 75,807 shares during the quarter. D-Wave Quantum comprises approximately 1.6% of Caitong International Asset Management Co. Ltd’s portfolio, making the stock its 10th biggest holding. Caitong International Asset Management Co. Ltd’s holdings in D-Wave Quantum were worth $2,378,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QBTS. Baird Financial Group Inc. boosted its position in shares of D-Wave Quantum by 12.0% in the first quarter. Baird Financial Group Inc. now owns 12,135 shares of the company’s stock worth $92,000 after acquiring an additional 1,300 shares during the last quarter. Royal Bank of Canada raised its stake in D-Wave Quantum by 59.8% during the first quarter. Royal Bank of Canada now owns 162,088 shares of the company’s stock worth $1,231,000 after purchasing an additional 60,668 shares during the period. AQR Capital Management LLC raised its stake in D-Wave Quantum by 201.0% during the first quarter. AQR Capital Management LLC now owns 200,765 shares of the company’s stock worth $1,526,000 after purchasing an additional 134,066 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of D-Wave Quantum by 93.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,572 shares of the company’s stock valued at $825,000 after purchasing an additional 52,437 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of D-Wave Quantum by 125.7% in the 1st quarter. NewEdge Advisors LLC now owns 43,786 shares of the company’s stock valued at $333,000 after purchasing an additional 24,382 shares during the last quarter. Hedge funds and other institutional investors own 42.47% of the company’s stock.

Insider Buying and Selling

In other news, Director Rohit Ghai sold 10,000 shares of D-Wave Quantum stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $17.62, for a total transaction of $176,200.00. Following the sale, the director owned 27,778 shares in the company, valued at $489,448.36. This trade represents a 26.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO John M. Markovich sold 10,706 shares of the business’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $17.63, for a total transaction of $188,746.78. Following the transaction, the chief financial officer directly owned 1,451,427 shares in the company, valued at approximately $25,588,658.01. The trade was a 0.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 966,610 shares of company stock worth $28,666,597 in the last ninety days. 3.20% of the stock is owned by corporate insiders.

D-Wave Quantum Price Performance

D-Wave Quantum stock opened at $17.49 on Wednesday. The firm has a fifty day moving average of $21.93 and a 200-day moving average of $25.21. D-Wave Quantum Inc. has a 52-week low of $5.77 and a 52-week high of $46.75. The company has a quick ratio of 42.25, a current ratio of 42.38 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $6.47 billion, a P/E ratio of -15.90 and a beta of 1.61.

D-Wave Quantum (NYSE:QBTS) last posted its earnings results on Thursday, February 26th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.04). D-Wave Quantum had a negative net margin of 1,444.10% and a negative return on equity of 58.58%. The business had revenue of $2.75 million for the quarter, compared to analyst estimates of $3.74 million. The business’s revenue for the quarter was up 21.7% on a year-over-year basis. As a group, analysts predict that D-Wave Quantum Inc. will post -0.41 EPS for the current year.

Analysts Set New Price Targets

QBTS has been the subject of a number of research analyst reports. Canaccord Genuity Group set a $43.00 price objective on D-Wave Quantum in a report on Thursday, January 29th. Needham & Company LLC reduced their target price on D-Wave Quantum from $48.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Benchmark reissued a “buy” rating and set a $35.00 price target on shares of D-Wave Quantum in a research report on Friday, January 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of D-Wave Quantum in a research note on Monday, December 29th. Finally, Jefferies Financial Group started coverage on D-Wave Quantum in a report on Tuesday, December 16th. They issued a “buy” rating and a $45.00 price objective on the stock. Fourteen equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, D-Wave Quantum has an average rating of “Moderate Buy” and a consensus price target of $36.50.

Key D-Wave Quantum News

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

• Positive Sentiment: Analysts give a supportive rating — a consensus “Moderate Buy” rating could provide demand support and help stabilize sentiment around the shares. D-Wave Receives Consensus Rating of “Moderate Buy”
• Positive Sentiment: Product traction / narrative pieces — coverage highlighting early customer use cases for D‑Wave’s systems can bolster the long-term growth story and attract investor interest in a still-nascent market. Is D‑Wave Quantum Stock Your Ticket to Becoming a Millionaire?
• Negative Sentiment: Insider selling — CFO John M. Markovich sold 10,706 shares at ~$17.63 on Mar 13; the sale trimmed his stake ~0.73%. Insider sales can signal liquidity needs or reduced conviction and often pressuring near-term sentiment. Markovich Form 4
• Negative Sentiment: Director selling — Director Rohit Ghai sold 10,000 shares at ~$17.62 on Mar 16, cutting his holding by ~26%. Multiple recent insider sales amplify investor concern about insider timing and sentiment. Ghai Form 4
• Negative Sentiment: Competitive risk from IBM — MarketBeat warns IBM’s hybrid quantum-classical architecture and strong corporate resources could undercut D‑Wave’s addressable market or slow adoption for D‑Wave‑specific approaches. That increases execution risk for a smaller pure‑play. The New Threat IBM’s Quantum Computing Research Poses to D‑Wave
• Negative Sentiment: Macro headwinds — recent commentary on rising oil and inflation fears flags broader market volatility and higher discount rates for growth/tech names, which typically hurts small-cap quantum plays like QBTS. Oil Shock, Inflation Fears: Impact on Quantum Stocks

About D-Wave Quantum

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.