QuantumScape Corporation (NYSE:QS – Get Free Report) CFO Kevin Hettrich sold 9,800 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $6.76, for a total transaction of $66,248.00. Following the completion of the transaction, the chief financial officer owned 1,358,079 shares in the company, valued at $9,180,614.04. This represents a 0.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Kevin Hettrich also recently made the following trade(s):
- On Wednesday, January 14th, Kevin Hettrich sold 9,800 shares of QuantumScape stock. The shares were sold at an average price of $10.59, for a total value of $103,782.00.
- On Monday, December 15th, Kevin Hettrich sold 9,800 shares of QuantumScape stock. The stock was sold at an average price of $11.07, for a total value of $108,486.00.
QuantumScape Trading Down 4.7%
NYSE:QS opened at $6.92 on Friday. The stock has a market cap of $4.16 billion, a price-to-earnings ratio of -8.54 and a beta of 2.51. QuantumScape Corporation has a one year low of $3.40 and a one year 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. The business’s 50-day simple moving average is $9.49 and its 200 day simple moving average is $11.39.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on QS. Morgan Stanley decreased their price objective on shares of QuantumScape from $12.00 to $8.50 and set an “equal weight” rating for the company in a report on Wednesday, February 18th. Robert W. Baird set a $12.00 price target on QuantumScape in a research note on Thursday, February 12th. TD Cowen restated a “hold” rating on shares of QuantumScape in a research note on Wednesday, February 18th. HSBC upgraded QuantumScape from a “reduce” rating to a “hold” rating and decreased their target price for the stock from $10.50 to $8.30 in a research report on Wednesday, February 18th. Finally, Evercore reissued an “in-line” rating and set a $12.00 price target (up from $8.00) on shares of QuantumScape in a research report on Monday, November 24th. Six equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, QuantumScape currently has an average rating of “Reduce” and a consensus price target of $8.98.
Check Out Our Latest Analysis on QuantumScape
More QuantumScape News
Here are the key news stories impacting QuantumScape this week:
- Positive Sentiment: Eagle Line and Cobra are moving from lab to pilot production — the company is shifting the story from R&D milestones to manufacturing execution, which could materially re-rate the stock if the pilot line proves repeatable and yields improve. Eagle Line and Cobra Could Redefine QS Commercialization Timelines
- Positive Sentiment: Progress on the Cobra separator integration, shipments of QSE-5 B1 sample cells and an expanded collaboration/licensing path with Volkswagen PowerCo (potentially up to ~40 GWh) provide clearer commercialization routes and partner validation if vehicle-level testing and scale-up meet targets. How QS’s Cobra Process and VW Deal Have Changed Its Solid‑State Battery Investment Story
- Neutral Sentiment: Analyst coverage is mixed: some firms have nudged ratings to Hold (HSBC upgraded Reduce→Hold but lowered its PT), while consensus remains conservative — the sell-side has trimmed targets and many maintain Hold/Reduce views, leaving limited upside from analyst catalysts alone. What Wall Street Thinks About QuantumScape (QS)
- Negative Sentiment: Insider selling: CFO Kevin Hettrich sold 9,800 shares in late February, a small but visible reduction in insider ownership that can amplify short-term negative sentiment in a stock already sensitive to execution risk. SEC Filing: Insider Sale by Kevin Hettrich
- Negative Sentiment: Despite technological progress and cost discipline, recent financials still show ongoing losses and the market has punished momentum (notable short-term share declines). That combination keeps QS subject to downside until pilot-line metrics, yields and unit economics are demonstrably improving. QuantumScape (QS) Valuation After Reduced Losses
Hedge Funds Weigh In On QuantumScape
Hedge funds and other institutional investors have recently bought and sold shares of the stock. VSM Wealth Advisory LLC raised its position in shares of QuantumScape by 46.8% during the 3rd quarter. VSM Wealth Advisory LLC now owns 2,352 shares of the company’s stock worth $29,000 after purchasing an additional 750 shares during the period. Vontobel Holding Ltd. grew its stake in QuantumScape by 0.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 120,753 shares of the company’s stock worth $1,488,000 after buying an additional 810 shares during the last quarter. Wedmont Private Capital increased its position in QuantumScape by 5.7% in the third quarter. Wedmont Private Capital now owns 15,115 shares of the company’s stock worth $186,000 after buying an additional 815 shares during the period. Coldstream Capital Management Inc. boosted its holdings in shares of QuantumScape by 8.2% during the third quarter. Coldstream Capital Management Inc. now owns 12,408 shares of the company’s stock valued at $153,000 after acquiring an additional 939 shares during the period. Finally, Wilmington Savings Fund Society FSB grew its position in shares of QuantumScape by 67.0% during the third quarter. Wilmington Savings Fund Society FSB now owns 2,505 shares of the company’s stock worth $31,000 after acquiring an additional 1,005 shares during the last quarter. 29.87% of the stock is currently owned by institutional investors and hedge funds.
QuantumScape Company Profile
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.
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