Simplicity Wealth LLC Makes New Investment in D-Wave Quantum Inc. $QBTS

Posted by Brenda Bartman on Aug 17th, 2026

Simplicity Wealth LLC purchased a new stake in D-Wave Quantum Inc. (NASDAQ:QBTS – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 44,119 shares of the company’s stock, valued at approximately $1,058,000.

A number of other large investors have also recently bought and sold shares of the business. Wealth Effects LLC purchased a new stake in shares of D-Wave Quantum in the second quarter valued at about $332,000. Global Retirement Partners LLC acquired a new stake in shares of D-Wave Quantum during the second quarter worth about $128,000. Bank of New York Mellon Corp acquired a new position in D-Wave Quantum in the 2nd quarter valued at about $54,951,000. Prospect Financial Services LLC purchased a new stake in D-Wave Quantum during the 2nd quarter valued at approximately $329,000. Finally, Kelleher Financial Advisors purchased a new stake in D-Wave Quantum during the 2nd quarter valued at approximately $39,000. Institutional investors and hedge funds own 42.47% of the company’s stock.

D-Wave Quantum Stock Performance

Shares of QBTS stock opened at $21.17 on Monday. The stock has a fifty day moving average price of $21.04 and a 200 day moving average price of $20.34. The company has a debt-to-equity ratio of 0.03, a quick ratio of 20.42 and a current ratio of 20.55. The stock has a market cap of $7.83 billion, a PE ratio of -29.82 and a beta of 2.15. D-Wave Quantum Inc. has a 1 year low of $12.75 and a 1 year high of $46.75.

D-Wave Quantum (NASDAQ:QBTS – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.02). D-Wave Quantum had a negative return on equity of 26.67% and a negative net margin of 2,001.59%.The business had revenue of $3.08 million for the quarter, compared to analyst estimates of $4.03 million. During the same quarter in the previous year, the firm posted ($0.08) EPS. The business’s revenue was down 0.6 on a year-over-year basis. Sell-side analysts forecast that D-Wave Quantum Inc. will post -0.42 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently commented on QBTS. Benchmark began coverage on D-Wave Quantum in a research note on Monday, July 27th. They set a “buy” rating and a $30.00 price target for the company. Mizuho boosted their price objective on shares of D-Wave Quantum from $29.00 to $35.00 and gave the company an “outperform” rating in a research note on Monday, June 15th. Northland Securities initiated coverage on shares of D-Wave Quantum in a research report on Monday, April 20th. They set a “market perform” rating and a $22.00 price objective for the company. Jefferies Financial Group set a $40.00 price objective on shares of D-Wave Quantum in a research report on Friday, August 7th. Finally, Zacks Research raised shares of D-Wave Quantum from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, D-Wave Quantum currently has an average rating of “Moderate Buy” and a consensus target price of $36.36.

Check Out Our Latest Research Report on D-Wave Quantum

Insider Buying and Selling

In other D-Wave Quantum news, VP Sophie C. Ames sold 23,025 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $18.98, for a total value of $437,014.50. Following the sale, the vice president directly owned 596,803 shares of the company’s stock, valued at approximately $11,327,320.94. This trade represents a 3.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John M. Markovich sold 328,752 shares of D-Wave Quantum stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $27.70, for a total transaction of $9,106,430.40. Following the completion of the transaction, the chief financial officer owned 1,442,820 shares in the company, valued at approximately $39,966,114. This trade represents a 18.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,363,842 shares of company stock worth $35,789,148 in the last three months. 1.30% of the stock is currently owned by insiders.

D-Wave Quantum Company Profile

(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.