Handelsbanken Fonder AB Raises Stock Position in QuantumScape Corporation $QS

Posted by Stanley Muller on Aug 17th, 2026

Handelsbanken Fonder AB boosted its holdings in shares of QuantumScape Corporation (NYSE:QS – Free Report) by 145.5% in the second quarter, HoldingsChannel reports. The firm owned 308,800 shares of the company’s stock after buying an additional 183,000 shares during the period. Handelsbanken Fonder AB’s holdings in QuantumScape were worth $2,335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of QuantumScape by 11.8% during the 4th quarter. Vanguard Group Inc. now owns 40,959,061 shares of the company’s stock valued at $426,793,000 after buying an additional 4,323,829 shares during the last quarter. Morgan Stanley grew its holdings in QuantumScape by 333.5% during the fourth quarter. Morgan Stanley now owns 11,126,497 shares of the company’s stock worth $115,938,000 after acquiring an additional 8,559,554 shares during the period. Geode Capital Management LLC grew its holdings in QuantumScape by 16.7% during the fourth quarter. Geode Capital Management LLC now owns 8,327,604 shares of the company’s stock worth $86,794,000 after acquiring an additional 1,189,748 shares during the period. Renaissance Technologies LLC acquired a new stake in QuantumScape during the fourth quarter worth about $84,584,000. Finally, State Street Corp raised its position in QuantumScape by 7.6% during the fourth quarter. State Street Corp now owns 7,500,503 shares of the company’s stock valued at $78,155,000 after acquiring an additional 529,602 shares in the last quarter. 29.87% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, TD Cowen decreased their price target on QuantumScape from $8.00 to $6.00 and set a “hold” rating for the company in a report on Friday, July 24th. Five research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $9.47.

Get Our Latest Report on QuantumScape

Insider Activity at QuantumScape

In related news, CFO Kevin Hettrich sold 9,800 shares of QuantumScape stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $7.28, for a total value of $71,344.00. Following the sale, the chief financial officer owned 1,816,257 shares of the company’s stock, valued at approximately $13,222,350.96. This trade represents a 0.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Timothy Holme sold 34,254 shares of the company’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $7.28, for a total transaction of $249,369.12. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 660,434 shares of company stock worth $5,360,833. 3.93% of the stock is owned by corporate insiders.

QuantumScape Price Performance

QS opened at $6.19 on Monday. The company has a fifty day moving average of $6.50 and a two-hundred day moving average of $7.15. The stock has a market capitalization of $3.83 billion, a price-to-earnings ratio of -7.64 and a beta of 2.66. QuantumScape Corporation has a fifty-two week low of $4.77 and a fifty-two week high of $19.07. The company has a debt-to-equity ratio of 0.02, a quick ratio of 21.14 and a current ratio of 21.14.

QuantumScape (NYSE:QS – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The company reported ($0.16) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.02. During the same period last year, the firm earned ($0.20) EPS. The company’s revenue for the quarter was up .0% compared to the same quarter last year. On average, research analysts expect that QuantumScape Corporation will post -0.82 earnings per share for the current year.

QuantumScape Company Profile

(Free Report)

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.