Two Seas Capital LP Invests $27.37 Million in Quantum Corporation $QMCO

Posted by Stanley Muller on Aug 23rd, 2026

Two Seas Capital LP bought a new position in shares of Quantum Corporation (NASDAQ:QMCO – Free Report) during the second quarter, Holdings Channel.com reports. The fund bought 2,488,535 shares of the company’s stock, valued at approximately $27,374,000. Quantum makes up 0.5% of Two Seas Capital LP’s holdings, making the stock its 25th biggest holding. Two Seas Capital LP owned about 0.06% of Quantum as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. NBC Securities Inc. purchased a new position in Quantum in the fourth quarter worth approximately $26,000. Bank of America Corp DE grew its holdings in Quantum by 337.5% during the 3rd quarter. Bank of America Corp DE now owns 2,896 shares of the company’s stock worth $29,000 after acquiring an additional 2,234 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Quantum by 322.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,461 shares of the company’s stock valued at $34,000 after purchasing an additional 2,641 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Quantum in the 2nd quarter valued at approximately $46,000. Finally, R Squared Ltd acquired a new stake in shares of Quantum in the 1st quarter valued at $58,000. Institutional investors and hedge funds own 63.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on QMCO shares. Litchfield Hills Research assumed coverage on shares of Quantum in a research report on Monday, August 10th. They set a “buy” rating for the company. Lake Street Capital reiterated a “buy” rating and set a $24.00 target price (up from $20.00) on shares of Quantum in a research note on Tuesday, August 11th. Wall Street Zen raised Quantum from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Needham & Company LLC began coverage on Quantum in a research note on Wednesday, June 3rd. They issued a “buy” rating on the stock. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum in a report on Wednesday, June 24th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Quantum currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

Check Out Our Latest Stock Analysis on Quantum

Quantum Stock Up 8.6%

Shares of Quantum stock opened at $22.25 on Friday. The firm has a market capitalization of $876.87 million, a P/E ratio of -1.68 and a beta of 2.97. Quantum Corporation has a 52 week low of $4.19 and a 52 week high of $27.80. The firm’s 50 day moving average is $13.64 and its two-hundred day moving average is $9.49.

Quantum (NASDAQ:QMCO – Get Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.35. The company had revenue of $80.80 million for the quarter, compared to analyst estimates of $75.05 million. Quantum has set its Q2 2027 guidance at 0.020-0.220 EPS. As a group, research analysts expect that Quantum Corporation will post 0.31 earnings per share for the current fiscal year.

Quantum News Summary

Here are the key news stories impacting Quantum this week:

Positive Sentiment: Northland raised its FY2027 EPS forecast to $0.31 from a projected loss of $0.28, signaling expectations for a meaningful earnings turnaround. The firm also increased its estimates for Q2 2027 to $0.09 EPS, Q3 2027 to $0.08 and Q4 2027 to $0.02.
Positive Sentiment: Longer-term expectations were upgraded sharply. Northland now forecasts FY2028 EPS of $0.86, up from $0.19, with positive EPS estimates for every quarter of 2028: $0.26 in Q1, $0.20 in Q2, $0.24 in Q3 and $0.16 in Q4.
Positive Sentiment: The largest individual revisions included Q1 2028 EPS rising to $0.26 from $0.02, Q2 2028 increasing to $0.20 from $0.05, Q3 2028 advancing to $0.24 from $0.10, and Q4 2028 improving to $0.16 from $0.03. These revisions support the view that Quantum’s profitability could improve substantially.
Neutral Sentiment: Despite the bullish estimates, the consensus forecast for Quantum’s current full fiscal year remains a loss of $0.28 per share, indicating that the expected recovery is still ahead rather than fully reflected in near-term results.

Quantum Company Profile

(Free Report)

Quantum Corporation (NASDAQ: QMCO) is a technology company that develops and delivers data management and storage solutions for businesses and organizations worldwide. The company’s product portfolio includes hardware, software and cloud-based offerings designed to address backup, archive, primary storage and long-term retention needs. Quantum’s solutions are geared toward data-intensive environments such as media and entertainment, surveillance, government, education and healthcare, where large volumes of digital content must be reliably stored, managed and accessed.

Quantum’s flagship products include the StorNext® data management platform, which provides high-performance shared file storage and workflow acceleration, and the DXi® series of deduplication appliances, which optimize backup and recovery by reducing storage footprints and data transfer times.