D.A. Davidson & CO. Decreases Holdings in IonQ, Inc. $IONQ

D.A. Davidson & CO. trimmed its holdings in shares of IonQ, Inc. (NYSE:IONQ) by 70.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 8,332 shares of the company’s stock after selling 19,835 shares during the period. D.A. Davidson & CO.’s holdings in IonQ were worth $374,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stone House Investment Management LLC lifted its holdings in shares of IonQ by 700.0% in the 3rd quarter. Stone House Investment Management LLC now owns 400 shares of the company’s stock valued at $25,000 after purchasing an additional 350 shares during the last quarter. Ameriflex Group Inc. lifted its holdings in shares of IonQ by 485.7% in the 3rd quarter. Ameriflex Group Inc. now owns 410 shares of the company’s stock valued at $25,000 after purchasing an additional 340 shares during the last quarter. UMB Bank n.a. purchased a new stake in shares of IonQ in the 3rd quarter valued at about $31,000. Beaird Harris Wealth Management LLC lifted its holdings in shares of IonQ by 117.4% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock valued at $31,000 after purchasing an additional 270 shares during the last quarter. Finally, Kelleher Financial Advisors purchased a new stake in shares of IonQ in the 3rd quarter valued at about $36,000. 41.42% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ launched a commercial InSAR (Interferometric Synthetic Aperture Radar) service for millimeter-scale earth monitoring — a new revenue stream from its space missions business that helps diversify away from pure quantum services. IonQ Launches Commercial InSAR Capability
• Positive Sentiment: IonQ signed a Master Service Agreement with Florida LambdaRail to help build a quantum‑safe network in Florida — a strategic infrastructure win that supports recurring contract revenue potential. IonQ Signs MSA With Florida LambdaRail
• Positive Sentiment: Sell‑side support remains upbeat: Wedbush reaffirmed an Outperform rating with a $60 target and Morgan Stanley raised its target to $47 (though it kept an Equal Weight). Analyst backing helps underpin the rally into earnings. Wedbush Reaffirms Outperform
• Neutral Sentiment: IonQ reports Q1 results after the close on May 6 — multiple previews note high expectations (revenue momentum, contract wins, and the company’s recent acquisitions). That makes the print a near-term volatility event. IonQ Reports Q1: Everything You Need To Know Ahead Of Earnings
• Neutral Sentiment: Coverage and bullish retail/investor pieces (e.g., 247WallStreet) highlight an acquisition spree and contract wins — positive narrative but also fuels expectations that earnings must validate. Hold On Tight! IonQ Is About to Rocket Higher
• Negative Sentiment: Valuation and execution risk: IonQ trades with a negative P/E, high beta and a recent sharp run-up — heavy volume increases downside risk if Q1 misses expectations or guidance is weak. Investors should expect earnings-driven volatility and watch revenue recognition from acquisitions and government/space contracts.

Insider Buying and Selling at IonQ

In other IonQ news, insider John W. Raymond sold 2,800 shares of IonQ stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $33.34, for a total value of $93,352.00. Following the transaction, the insider directly owned 83,963 shares in the company, valued at approximately $2,799,326.42. This trade represents a 3.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Robert T. Cardillo sold 5,165 shares of IonQ stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $39.44, for a total value of $203,707.60. Following the completion of the transaction, the insider owned 112,291 shares in the company, valued at $4,428,757.04. This trade represents a 4.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 8,581 shares of company stock worth $316,156. 5.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on IONQ shares. Weiss Ratings reissued a “sell (d-)” rating on shares of IonQ in a report on Tuesday, April 21st. DA Davidson reduced their target price on IonQ from $55.00 to $35.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Benchmark reduced their target price on IonQ from $75.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. JPMorgan Chase & Co. reduced their target price on IonQ from $47.00 to $42.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Finally, Northland Securities started coverage on IonQ in a report on Monday, April 20th. They issued an “outperform” rating and a $55.00 target price for the company. Ten analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, IonQ currently has an average rating of “Moderate Buy” and an average price target of $68.25.

IonQ Trading Up 5.0%

Shares of IONQ stock opened at $48.05 on Wednesday. The business’s 50 day moving average is $35.67 and its two-hundred day moving average is $43.77. IonQ, Inc. has a twelve month low of $25.89 and a twelve month high of $84.64. The company has a market capitalization of $17.62 billion, a P/E ratio of -19.30 and a beta of 3.05.

IonQ Company Profile

IonQ, Inc engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft’s Azure Quantum, and Google’s Cloud Marketplace, as well as through its cloud service. It also provides contracts associated with the design, development, and construction of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems.