Arqit Quantum (NASDAQ:ARQQ) Stock: Insider Paul Feenan Sells 504 Shares

Posted by Stanley Muller on Oct 10th, 2026

Arqit Quantum Inc. (NASDAQ:ARQQ – Get Free Report) CRO Paul Feenan sold 504 shares of the business’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $24.19, for a total transaction of $12,191.76. Following the completion of the transaction, the executive owned 20,912 shares of the company’s stock, valued at $505,861.28. This represents a 2.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Paul Feenan also recently made the following trade(s):

On Monday, October 5th, Paul Feenan sold 533 shares of Arqit Quantum stock. The shares were sold at an average price of $23.78, for a total transaction of $12,674.74.
On Friday, October 2nd, Paul Feenan sold 506 shares of Arqit Quantum stock. The stock was sold at an average price of $24.47, for a total transaction of $12,381.82.

Arqit Quantum Trading Down 6.5%

NASDAQ ARQQ opened at $17.23 on Friday. The company has a 50 day moving average price of $21.62 and a 200 day moving average price of $18.52. Arqit Quantum Inc. has a 52 week low of $11.52 and a 52 week high of $61.11.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ARQQ. Weiss Ratings downgraded Arqit Quantum from a “sell (d)” rating to a “sell (e+)” rating in a research report on Thursday. Wall Street Zen upgraded Arqit Quantum from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $60.00.

Get Our Latest Stock Analysis on ARQQ

Hedge Funds Weigh In On Arqit Quantum

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its stake in Arqit Quantum by 133.4% during the 1st quarter. Royal Bank of Canada now owns 7,012 shares of the company’s stock valued at $92,000 after acquiring an additional 4,008 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of Arqit Quantum in the second quarter worth $234,000. True Vision MN LLC purchased a new position in shares of Arqit Quantum during the first quarter worth $197,000. Renaissance Technologies LLC purchased a new position in shares of Arqit Quantum during the first quarter worth $549,000. Finally, Bank of New York Mellon Corp acquired a new position in Arqit Quantum during the second quarter valued at $2,947,000. Institutional investors and hedge funds own 16.60% of the company’s stock.

Key Stories Impacting Arqit Quantum

Here are the key news stories impacting Arqit Quantum this week:

Positive Sentiment: Arqit reported preliminary fiscal 2026 second-half revenue of approximately $355,000 to $380,000. The update gives investors an early look at results and could support the stock if final figures or the company’s outlook exceed expectations. Arqit preliminary financial results
Neutral Sentiment: Arqit updated its fiscal 2026 earnings guidance, but the available disclosure does not include the revised figures. Investors will likely need the full earnings release to assess revenue growth, cash consumption and customer adoption.
Neutral Sentiment: A short-interest update lists total short interest at zero shares and a zero-day short-interest ratio, despite describing a significant increase. The apparently inconsistent data offers no clear evidence of either short-selling pressure or potential short-covering support.
Negative Sentiment: Multiple insiders sold shares on October 5 and 6, including CEO Andrew Leaver, CRO Paul Feenan, COO Ben Wilder, General Counsel Patrick Willcocks, Director Garth Ritchie and Nicholas Nilan. The transactions involved roughly $230,000 across the two sessions, with several executives reducing their holdings by approximately 2% to 5% and Nilan making much larger percentage reductions. The filings do not state the reasons for the sales, but the breadth of the selling may weigh on investor confidence. Arqit insider sale SEC filing
Negative Sentiment: The preliminary revenue range remains small for a publicly traded growth company, increasing the risk that investors will focus on execution and funding needs until Arqit demonstrates stronger commercial traction.

About Arqit Quantum

(Get Free Report)

Arqit Quantum Inc is a cybersecurity company that develops encryption technology designed to protect data and communications against current and future cyber threats, including potential attacks enabled by quantum computing. The company’s solutions are intended for governments, enterprises and other organizations that need to secure sensitive information across networks, devices and cloud environments.

Arqit’s principal offering is QuantumCloud, a cloud-based platform designed to enable the creation and management of secure encryption keys.