Jeffry R. Keyes Sells 8,624 Shares of Quantum-Si Incorporated (NASDAQ:QSI) Stock

Quantum-Si Incorporated (NASDAQ:QSI) CFO Jeffry R. Keyes sold 8,624 shares of Quantum-Si stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $1.61, for a total transaction of $13,884.64. Following the sale, the chief financial officer now directly owns 1,179,570 shares in the company, valued at $1,899,107.70. This trade represents a 0.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Quantum-Si Price Performance

Quantum-Si stock opened at $2.02 on Thursday. Quantum-Si Incorporated has a 12-month low of $0.61 and a 12-month high of $5.77. The company has a market capitalization of $370.67 million, a price-to-earnings ratio of -2.97 and a beta of 2.87. The firm’s fifty day moving average price is $1.53 and its 200 day moving average price is $1.72.

Quantum-Si (NASDAQ:QSI) last released its earnings results on Thursday, May 15th. The company reported ($0.11) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.06. The company had revenue of $0.84 million during the quarter, compared to the consensus estimate of $0.96 million. Quantum-Si had a negative net margin of 2,925.41% and a negative return on equity of 41.44%. Analysts forecast that Quantum-Si Incorporated will post -0.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

QSI has been the topic of several analyst reports. National Bankshares set a $3.65 price target on shares of Quantum-Si in a research note on Wednesday, March 5th. Alliance Global Partners reaffirmed a “buy” rating on shares of Quantum-Si in a research note on Friday, May 16th. Finally, HC Wainwright reaffirmed a “buy” rating and set a $5.50 price target on shares of Quantum-Si in a research note on Monday, May 19th.

Institutional Investors Weigh In On Quantum-Si

Several hedge funds and other institutional investors have recently modified their holdings of QSI. Rhumbline Advisers increased its position in shares of Quantum-Si by 3.7% in the 4th quarter. Rhumbline Advisers now owns 148,946 shares of the company’s stock worth $402,000 after purchasing an additional 5,298 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Quantum-Si in the 4th quarter worth about $95,000. Wolverine Asset Management LLC bought a new stake in shares of Quantum-Si in the 4th quarter worth about $26,000. Bank of New York Mellon Corp increased its position in shares of Quantum-Si by 21.3% in the 4th quarter. Bank of New York Mellon Corp now owns 269,807 shares of the company’s stock worth $728,000 after purchasing an additional 47,400 shares during the last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Quantum-Si in the 4th quarter worth about $60,000. Institutional investors own 39.90% of the company’s stock.

Quantum-Si Company Profile

Quantum-Si incorporated, a life sciences company, engages in the development of single-molecule detection platform to enable Next Generation Protein Sequencing (NGPS). The company's platform is comprised of the Platinum NGPS instrument; the Platinum Analysis Software service; and reagent kits and semiconductor chips for use with its instruments.