Quantum Computing (NASDAQ:QUBT) Shares Down 3.5% After Insider Selling

Quantum Computing Inc. (NASDAQ:QUBT) traded down 3.5% during mid-day trading on Tuesday after an insider sold shares in the company. The company traded as low as $11.46 and last traded at $11.69. 14,715,672 shares were traded during trading, a decline of 13% from the average session volume of 16,962,057 shares. The stock had previously closed at $12.11.

Specifically, COO Milan Begliarbekov sold 2,860 shares of the stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $11.85, for a total transaction of $33,891.00. Following the completion of the transaction, the chief operating officer directly owned 24,240 shares of the company’s stock, valued at approximately $287,244. This trade represents a 10.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on QUBT. Wedbush started coverage on Quantum Computing in a report on Wednesday, December 17th. They issued a “neutral” rating and a $12.00 price objective for the company. Wall Street Zen upgraded shares of Quantum Computing from a “strong sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Ascendiant Capital Markets reduced their price objective on shares of Quantum Computing from $40.00 to $25.00 and set a “buy” rating for the company in a research report on Monday, December 22nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum Computing in a research note on Monday, December 29th. Finally, Lake Street Capital cut their target price on shares of Quantum Computing from $24.00 to $16.00 and set a “buy” rating for the company in a research note on Monday, November 17th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $17.00.

Key Quantum Computing News

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

• Positive Sentiment: Quantum Computing was selected as the stalking-horse bidder for selected Luminar assets and formally advanced a bid to acquire Luminar’s LiDAR business — a move management says advances QCi’s commercial platform and complements its Luminar Semiconductor purchase. This acquisition path can expand addressable markets (automotive/ADAS) and revenue pathways if completed. PR Newswire
• Positive Sentiment: Street analysts show bullish price-target upside — Zacks notes a consensus implying ~40% upside. While such averages are imperfect, upward earnings-estimate revisions or renewed conviction from analysts could lift sentiment and drive buying interest. Zacks
• Neutral Sentiment: Commentary flagged a possible short-covering dynamic that contrarian traders should watch — short squeezes can produce sharp short-term rallies, but the item is tactical and timing-dependent. Schaeffers Research
• Neutral Sentiment: Data on short interest appears inconsistent/zeroed in recent prints (reported 0 shares), suggesting reporting anomalies rather than a real change; that makes short-interest signals unreliable for now. (No external link — aggregated market data.)
• Negative Sentiment: Insider selling: COO Milan Begliarbekov sold 2,860 shares at about $11.85 (≈$33.9k), trimming his stake ~10.6%. The sale is small in dollar terms but can be perceived negatively by momentum investors or exacerbate weakness after a failed intraday bounce. InsiderTrades

Quantum Computing Price Performance

The firm has a market cap of $2.62 billion, a PE ratio of -19.16 and a beta of 3.49. The business has a fifty day moving average price of $11.67 and a two-hundred day moving average price of $15.47.

Quantum Computing (NASDAQ:QUBT) last announced its quarterly earnings data on Friday, November 14th. The company reported ($0.05) EPS for the quarter, hitting analysts’ consensus estimates of ($0.05). The business had revenue of $0.38 million for the quarter, compared to analyst estimates of $0.12 million.

Institutional Trading of Quantum Computing

Institutional investors have recently made changes to their positions in the stock. Aventura Private Wealth LLC acquired a new position in Quantum Computing in the 4th quarter valued at approximately $26,000. Nisa Investment Advisors LLC purchased a new position in shares of Quantum Computing during the 2nd quarter valued at $28,000. Farther Finance Advisors LLC increased its stake in shares of Quantum Computing by 724.7% in the third quarter. Farther Finance Advisors LLC now owns 1,501 shares of the company’s stock worth $28,000 after acquiring an additional 1,319 shares during the last quarter. Rhumbline Advisers purchased a new stake in shares of Quantum Computing during the first quarter worth $28,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Quantum Computing during the second quarter worth $29,000. 4.26% of the stock is currently owned by institutional investors and hedge funds.

About Quantum Computing

Quantum Computing Inc (NASDAQ: QUBT) is a provider of quantum computing and quantum-inspired algorithm solutions, headquartered in the United States with research and development operations in Europe. Originally incorporated as Unigrid Software in 2019, the company rebranded in 2021 to reflect its strategic focus on commercializing emerging quantum technologies for enterprise and government customers.

The company’s flagship product, Qatalyst, is a quantum-inspired optimization platform that applies advanced heuristic solvers to address complex combinatorial problems in logistics, supply chain management, finance and other data-intensive fields.