Quantum-Si incorporated (NASDAQ:QSI) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lowered its position in Quantum-Si incorporated (NASDAQ:QSI) by 15.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 256,689 shares of the company’s stock after selling 47,367 shares during the period. Jane Street Group LLC’s holdings in Quantum-Si were worth $226,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of QSI. SG Americas Securities LLC acquired a new position in shares of Quantum-Si in the third quarter worth about $53,000. Green Alpha Advisors LLC raised its position in shares of Quantum-Si by 35.4% in the third quarter. Green Alpha Advisors LLC now owns 175,055 shares of the company’s stock worth $154,000 after acquiring an additional 45,796 shares during the period. XTX Topco Ltd acquired a new position in shares of Quantum-Si in the second quarter worth about $25,000. Finally, Bank of New York Mellon Corp raised its position in shares of Quantum-Si by 3.5% in the second quarter. Bank of New York Mellon Corp now owns 322,460 shares of the company’s stock worth $339,000 after acquiring an additional 10,811 shares during the period. Institutional investors and hedge funds own 39.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on QSI. HC Wainwright upped their price objective on shares of Quantum-Si from $4.00 to $5.50 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Canaccord Genuity Group reduced their price target on shares of Quantum-Si from $1.50 to $1.00 and set a “hold” rating for the company in a research report on Wednesday, November 13th.

Quantum-Si Price Performance

QSI opened at $2.64 on Friday. Quantum-Si incorporated has a twelve month low of $0.61 and a twelve month high of $5.77. The company has a 50-day moving average price of $1.70 and a 200 day moving average price of $1.20. The company has a market cap of $376.76 million, a PE ratio of -4.13 and a beta of 2.74.

Insider Buying and Selling

In other Quantum-Si news, Director Jonathan M. Rothberg sold 3,506,267 shares of the stock in a transaction dated Friday, December 27th. The shares were 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 owns 1,250,000 shares in the company, valued at approximately $4,175,000. This represents a 73.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 30.04% 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.