D-Wave Quantum (NYSE:QBTS) VP Sophie Ames Sells 23,025 Shares

Posted by Stanley Muller on May 22nd, 2026

D-Wave Quantum Inc. (NYSE:QBTS – Get Free Report) VP Sophie Ames sold 23,025 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $18.98, for a total transaction of $437,014.50. Following the completion of the sale, the vice president directly owned 596,803 shares of the company’s stock, valued at $11,327,320.94. This trade represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

D-Wave Quantum Price Performance

NYSE QBTS opened at $25.77 on Friday. The company has a 50 day simple moving average of $18.20 and a 200-day simple moving average of $22.16. The company has a debt-to-equity ratio of 0.03, a current ratio of 21.41 and a quick ratio of 21.31. The firm has a market capitalization of $9.53 billion, a price-to-earnings ratio of -22.81 and a beta of 1.95. D-Wave Quantum Inc. has a 52-week low of $12.75 and a 52-week high of $46.75.

D-Wave Quantum (NYSE:QBTS – Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.03. The business had revenue of $2.86 million during the quarter, compared to analyst estimates of $4.19 million. D-Wave Quantum had a negative net margin of 2,957.23% and a negative return on equity of 44.06%. The firm’s revenue was down 80.9% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.02) earnings per share. Equities research analysts predict that D-Wave Quantum Inc. will post -0.44 earnings per share for the current fiscal year.

Hedge Funds Weigh In On D-Wave Quantum

Several hedge funds and other institutional investors have recently added to or reduced their stakes in QBTS. Vanguard Group Inc. grew its holdings in D-Wave Quantum by 41.2% during the third quarter. Vanguard Group Inc. now owns 38,454,869 shares of the company’s stock valued at $950,220,000 after purchasing an additional 11,218,255 shares during the last quarter. UBS Group AG grew its holdings in D-Wave Quantum by 541.6% during the third quarter. UBS Group AG now owns 12,089,703 shares of the company’s stock valued at $298,737,000 after purchasing an additional 10,205,427 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in D-Wave Quantum by 136,842.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,194,866 shares of the company’s stock valued at $83,546,000 after purchasing an additional 3,192,533 shares during the last quarter. Clear Street Group Inc. acquired a new position in D-Wave Quantum during the third quarter valued at approximately $75,344,000. Finally, Goldman Sachs Group Inc. grew its holdings in D-Wave Quantum by 311.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,548,013 shares of the company’s stock valued at $92,781,000 after purchasing an additional 2,685,980 shares during the last quarter. Institutional investors and hedge funds own 42.47% of the company’s stock.

Key Stories Impacting D-Wave Quantum

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

Positive Sentiment: The Trump administration reportedly committed $2 billion to quantum computing and chip-related companies, including a $100 million funding package for D-Wave, signaling major federal backing for the sector and boosting investor optimism. Article Title
Positive Sentiment: News that D-Wave signed a letter of intent with the U.S. Department of Commerce for proposed CHIPS Act funding reinforced the idea that the company could receive a meaningful cash infusion to accelerate product development and scale its quantum efforts. Article Title
Positive Sentiment: Sector-wide enthusiasm spread across quantum names like D-Wave after reports of the government taking equity stakes in multiple firms, lifting sentiment across the entire group and adding momentum to QBTS. Article Title
Neutral Sentiment: There was also heavy options activity in QBTS, with traders buying far more call options than normal, suggesting speculation and continued interest in the stock.
Negative Sentiment: One filing showed D-Wave VP Sophie C. Ames sold shares under a pre-arranged trading plan, which is a small headwind for sentiment even though it does not necessarily signal a change in fundamentals.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Wall Street Zen downgraded D-Wave Quantum from a “hold” rating to a “sell” rating in a report on Saturday, February 7th. Canaccord Genuity Group dropped their price objective on D-Wave Quantum from $43.00 to $41.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Benchmark restated a “buy” rating and issued a $35.00 price objective on shares of D-Wave Quantum in a report on Friday, January 23rd. TD Cowen assumed coverage on D-Wave Quantum in a report on Thursday, February 12th. They issued a “buy” rating on the stock. Finally, Rosenblatt Securities restated a “buy” rating and issued a $43.00 price objective on shares of D-Wave Quantum in a report on Wednesday, May 13th. Fourteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, D-Wave Quantum has a consensus rating of “Moderate Buy” and a consensus price target of $34.67.

Check Out Our Latest Research Report on D-Wave Quantum

D-Wave Quantum Company Profile

(Get Free Report)

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.