QuantumScape (NYSE:QS) CTO Sells $237,816.40 in Stock

QuantumScape Corporation (NYSE:QSGet Free Report) CTO Timothy Holme sold 34,120 shares of QuantumScape stock in a transaction on Friday, February 20th. The shares were sold at an average price of $6.97, for a total value of $237,816.40. Following the transaction, the chief technology officer owned 1,088,228 shares in the company, valued at approximately $7,584,949.16. This trade represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Timothy Holme also recently made the following trade(s):

  • On Thursday, February 19th, Timothy Holme sold 34,254 shares of QuantumScape stock. The shares were sold at an average price of $7.10, for a total value of $243,203.40.
  • On Thursday, February 19th, Timothy Holme sold 127,077 shares of QuantumScape stock. The stock was sold at an average price of $7.10, for a total value of $902,246.70.
  • On Monday, January 5th, Timothy Holme sold 44,922 shares of QuantumScape stock. The shares were sold at an average price of $11.28, for a total transaction of $506,720.16.
  • On Monday, January 5th, Timothy Holme sold 166,440 shares of QuantumScape stock. The shares were sold at an average price of $11.28, for a total transaction of $1,877,443.20.
  • On Thursday, December 4th, Timothy Holme sold 44,922 shares of QuantumScape stock. The stock was sold at an average price of $12.69, for a total transaction of $570,060.18.
  • On Thursday, December 4th, Timothy Holme sold 166,440 shares of QuantumScape stock. The stock was sold at an average price of $12.69, for a total transaction of $2,112,123.60.

QuantumScape Price Performance

NYSE QS opened at $6.88 on Monday. QuantumScape Corporation has a 1 year low of $3.40 and a 1 year high of $19.07. The business’s fifty day moving average is $9.89 and its two-hundred day moving average is $11.50. The stock has a market capitalization of $4.14 billion, a P/E ratio of -8.49 and a beta of 2.51. The company has a debt-to-equity ratio of 0.02, a quick ratio of 21.14 and a current ratio of 21.14.

QuantumScape (NYSE:QSGet Free Report) last issued its earnings results on Wednesday, February 11th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.01). During the same period last year, the business posted ($0.22) earnings per share. QuantumScape’s revenue was up .0% compared to the same quarter last year. On average, research analysts forecast that QuantumScape Corporation will post -0.82 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on QS. HSBC raised shares of QuantumScape from a “reduce” rating to a “hold” rating and dropped their target price for the stock from $10.50 to $8.30 in a research report on Wednesday. Robert W. Baird set a $12.00 price objective on shares of QuantumScape in a research report on Thursday, February 12th. Morgan Stanley reduced their target price on QuantumScape from $12.00 to $8.50 and set an “equal weight” rating for the company in a report on Wednesday. TD Cowen reaffirmed a “hold” rating on shares of QuantumScape in a research report on Wednesday. Finally, Evercore reissued an “in-line” rating and set a $12.00 price target (up from $8.00) on shares of QuantumScape in a research report on Monday, November 24th. Six equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $8.98.

View Our Latest Research Report on QuantumScape

Key Headlines Impacting QuantumScape

Here are the key news stories impacting QuantumScape this week:

  • Positive Sentiment: HSBC upgraded the stock, which could provide short-term analyst support and buying interest. HSBC upgrade
  • Neutral Sentiment: Broader market and sector stories (dividend moves at large utilities/REITs/restaurants) are unlikely to directly affect QS, but they can shift investor risk appetite away from speculative EV/technology plays like QuantumScape. Market dividend roundup
  • Negative Sentiment: Large insider selling by senior executives: CTO Timothy Holme sold multiple blocks (~195,000 shares across Feb. 19–20) reducing his stake by ~10% (SEC filing). Holme SEC filing
  • Negative Sentiment: Director Jeffrey Straubel also sold 27,106 shares (Feb. 19), an ~11% cut to his holdings — further signaling insider liquidity taking place. Straubel SEC filing
  • Negative Sentiment: Investor reaction to recent financials: coverage notes QuantumScape posted an unimpressive quarter (slight EPS miss, flat revenue) and shares went into a multiday slide afterward — that weak operating update plus elevated insider selling likely pressured the stock. Coverage of session losses

Institutional Investors Weigh In On QuantumScape

Institutional investors have recently modified their holdings of the stock. Tsfg LLC increased its stake in shares of QuantumScape by 233.3% in the third quarter. Tsfg LLC now owns 2,000 shares of the company’s stock worth $25,000 after acquiring an additional 1,400 shares during the last quarter. REAP Financial Group LLC grew its stake in QuantumScape by 300.0% in the third quarter. REAP Financial Group LLC now owns 2,000 shares of the company’s stock valued at $25,000 after purchasing an additional 1,500 shares in the last quarter. Global Retirement Partners LLC increased its position in QuantumScape by 538.7% in the 3rd quarter. Global Retirement Partners LLC now owns 2,312 shares of the company’s stock worth $28,000 after purchasing an additional 1,950 shares during the last quarter. VSM Wealth Advisory LLC raised its stake in shares of QuantumScape by 46.8% during the 3rd quarter. VSM Wealth Advisory LLC now owns 2,352 shares of the company’s stock worth $29,000 after purchasing an additional 750 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of QuantumScape during the 4th quarter worth about $25,000. Institutional investors and hedge funds own 29.87% of the company’s stock.

QuantumScape Company Profile

(Get Free Report)

QuantumScape Corporation is a development-stage company specializing in the research and commercialization of next-generation solid-state lithium-metal batteries for electric vehicles. The company’s core technology replaces the traditional liquid electrolyte with a solid ceramic separator, aiming to deliver higher energy density, faster charging times and enhanced safety compared to conventional lithium-ion cells. QuantumScape’s product roadmap focuses on enabling electric vehicle manufacturers to extend driving range and reduce charging downtime, addressing key barriers to widespread EV adoption.

Founded in 2010 and headquartered in San Jose, California, QuantumScape has attracted significant strategic investment and formed partnerships with leading automotive OEMs.

Recommended Stories

Insider Buying and Selling by Quarter for QuantumScape (NYSE:QS)

Receive News & Ratings for QuantumScape Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QuantumScape and related companies with MarketBeat.com's FREE daily email newsletter.