QuantumScape Corporation (NYSE:QS – Get Free Report) CFO Kevin Hettrich sold 9,800 shares of QuantumScape stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $7.28, for a total value of $71,344.00. Following the transaction, the chief financial officer directly owned 1,816,257 shares in the company, valued at approximately $13,222,350.96. This trade represents a 0.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Kevin Hettrich also recently made the following trade(s):
- On Monday, June 22nd, Kevin Hettrich sold 9,800 shares of QuantumScape stock. The stock was sold at an average price of $7.94, for a total transaction of $77,812.00.
- On Thursday, May 21st, Kevin Hettrich sold 9,800 shares of QuantumScape stock. The stock was sold at an average price of $8.06, for a total transaction of $78,988.00.
QuantumScape Stock Performance
QS stock opened at $6.91 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 21.14 and a current ratio of 21.14. The stock has a market cap of $4.25 billion, a P/E ratio of -8.53 and a beta of 2.61. The firm has a 50 day simple moving average of $7.75 and a 200 day simple moving average of $8.07. QuantumScape Corporation has a 52 week low of $5.90 and a 52 week high of $19.07.
Hedge Funds Weigh In On QuantumScape
Hedge funds have recently modified their holdings of the stock. Kohmann Bosshard Financial Services LLC acquired a new stake in QuantumScape during the fourth quarter valued at $25,000. Russell Investments Group Ltd. increased its position in QuantumScape by 685.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,794 shares of the company’s stock worth $25,000 after purchasing an additional 3,311 shares during the last quarter. Albion Financial Group UT increased its position in QuantumScape by 200.0% in the 4th quarter. Albion Financial Group UT now owns 3,000 shares of the company’s stock worth $31,000 after purchasing an additional 2,000 shares during the last quarter. CoreCap Advisors LLC raised its stake in shares of QuantumScape by 373.6% during the 4th quarter. CoreCap Advisors LLC now owns 3,893 shares of the company’s stock worth $41,000 after purchasing an additional 3,071 shares in the last quarter. Finally, Danske Bank A S purchased a new stake in shares of QuantumScape during the 4th quarter worth about $48,000. 29.87% of the stock is owned by institutional investors and hedge funds.
QuantumScape Company Profile
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.
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