Arqit Quantum (NASDAQ:ARQQ) Stock: Insider Patrick Willcocks Sells 588 Shares

Posted by Francis Steltz on Oct 9th, 2026

Arqit Quantum Inc. (NASDAQ:ARQQ – Get Free Report) General Counsel Patrick Willcocks sold 588 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $23.78, for a total transaction of $13,982.64. Following the sale, the general counsel owned 11,764 shares in the company, valued at $279,747.92. This trade represents a 4.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Patrick Willcocks also recently made the following trade(s):

On Tuesday, October 6th, Patrick Willcocks sold 555 shares of Arqit Quantum stock. The stock was sold at an average price of $24.19, for a total transaction of $13,425.45.
On Friday, October 2nd, Patrick Willcocks sold 557 shares of Arqit Quantum stock. The stock was sold at an average price of $24.47, for a total transaction of $13,629.79.

Arqit Quantum Stock Performance

Shares of NASDAQ:ARQQ opened at $18.43 on Friday. Arqit Quantum Inc. has a 12 month low of $11.52 and a 12 month high of $61.11. The company’s fifty day simple moving average is $21.62 and its 200 day simple moving average is $18.53.

Institutional Investors Weigh In On Arqit Quantum

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ARQQ. Kessler Investment Group LLC acquired a new position in shares of Arqit Quantum during the 3rd quarter worth about $3,333,000. Bank of New York Mellon Corp acquired a new stake in shares of Arqit Quantum in the second quarter valued at about $2,947,000. Renaissance Technologies LLC bought a new stake in Arqit Quantum during the first quarter worth about $549,000. Heck Capital Advisors LLC bought a new stake in Arqit Quantum during the second quarter worth about $234,000. Finally, True Vision MN LLC acquired a new position in Arqit Quantum during the first quarter valued at approximately $197,000. 16.60% of the stock is currently owned by institutional investors and hedge funds.

Key Arqit Quantum News

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

Positive Sentiment: Arqit announced preliminary fiscal 2026 results, with expected second-half revenue of approximately $355,000 to $380,000. The update provides investors with an early view of performance ahead of finalized results and may offer some support if the figures meet or exceed expectations. Arqit preliminary financial results
Neutral Sentiment: Arqit also updated its fiscal 2026 earnings guidance, but the available announcement does not provide the revised figures. Investors will likely focus on the complete results and detailed outlook for revenue growth, cash usage and customer adoption.
Negative Sentiment: Multiple company insiders sold shares in transactions on October 5 and 6, including CEO Andrew Leaver, CRO Paul Feenan, COO Ben Wilder, General Counsel Patrick Willcocks, Director Garth Ritchie and insider Nicholas Nilan. The latest group of sales totaled roughly $103,700, while the broader series of reported transactions represents a persistent selling pattern. Arqit insider sale SEC filing
Negative Sentiment: The selling involved senior executives and, in some cases, meaningful reductions in personal holdings. Nilan’s transactions reduced his position substantially, while Leaver, Wilder and Willcocks each sold several percent of their holdings. Although the filings do not state the reasons for the sales and the dollar amounts are modest relative to the company’s market value, the lack of insider buying may weigh on investor confidence.
Neutral Sentiment: Institutional ownership and recent purchases by several investment firms provide some longer-term support, but analyst coverage remains limited and mixed, with a reported “Hold” consensus. This reduces the reliability of the much higher average price target cited in prior coverage.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ARQQ shares. Wall Street Zen upgraded Arqit Quantum from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Arqit Quantum in a research report on Friday, August 21st. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $60.00.

View Our Latest Research Report on Arqit Quantum

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.