Investors Buy Large Volume of Quantum-Si Call Options (NASDAQ:QSI)

Quantum-Si incorporated (NASDAQ:QSI) saw unusually large options trading activity on Tuesday. Traders acquired 16,070 call options on the stock. This is an increase of approximately 137% compared to the typical volume of 6,783 call options.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on QSI shares. HC Wainwright restated a “buy” rating and set a $5.50 target price on shares of Quantum-Si in a research report on Tuesday. Canaccord Genuity Group cut their price target on Quantum-Si from $1.50 to $1.00 and set a “hold” rating on the stock in a research note on Wednesday, November 13th.

Quantum-Si Price Performance

Shares of Quantum-Si stock traded up $0.20 during trading on Thursday, hitting $2.55. 35,669,937 shares of the company were exchanged, compared to its average volume of 63,313,086. The firm has a market capitalization of $363.20 million, a P/E ratio of -4.00 and a beta of 2.74. The firm’s fifty day moving average price is $1.78 and its 200 day moving average price is $1.22. Quantum-Si has a 1-year low of $0.61 and a 1-year high of $5.77.

Insider Transactions at Quantum-Si

In other news, Director Jonathan M. Rothberg sold 3,506,267 shares of Quantum-Si stock in a transaction on Friday, December 27th. The stock was sold at an average price of $3.34, for a total value of $11,710,931.78. Following the completion of the sale, the director now directly owns 1,250,000 shares of the company’s stock, valued at approximately $4,175,000. This trade represents a 73.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 30.04% of the company’s stock.

Institutional Investors Weigh In On Quantum-Si

Several large investors have recently bought and sold shares of the company. Barclays PLC raised its stake in Quantum-Si by 210.5% during the 3rd quarter. Barclays PLC now owns 196,826 shares of the company’s stock worth $173,000 after buying an additional 133,438 shares during the period. Geode Capital Management LLC increased its holdings in shares of Quantum-Si by 6.7% in the third quarter. Geode Capital Management LLC now owns 2,316,921 shares of the company’s stock worth $2,044,000 after acquiring an additional 145,091 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Quantum-Si during the third quarter worth about $53,000. XTX Topco Ltd lifted its holdings in shares of Quantum-Si by 81.3% during the 3rd quarter. XTX Topco Ltd now owns 43,812 shares of the company’s stock valued at $39,000 after purchasing an additional 19,651 shares in the last quarter. Finally, Green Alpha Advisors LLC grew its position in shares of Quantum-Si by 35.4% in the 3rd quarter. Green Alpha Advisors LLC now owns 175,055 shares of the company’s stock valued at $154,000 after purchasing an additional 45,796 shares during the period. Institutional investors own 39.90% of the company’s stock.

Quantum-Si Company Profile

Quantum-Si incorporated, a life sciences company, engages in the development of single-molecule detection platform to enable Next Generation Protein Sequencing (NGPS). The company's platform is comprised of the Platinum NGPS instrument; the Platinum Analysis Software service; and reagent kits and semiconductor chips for use with its instruments.