Dudley Capital Management LLC Takes Position in Quantum-Si incorporated (NASDAQ:QSI)

Dudley Capital Management LLC purchased a new position in Quantum-Si incorporated (NASDAQ:QSI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,000 shares of the company’s stock, valued at approximately $30,000.

A number of other large investors also recently added to or reduced their stakes in QSI. Barclays PLC raised its holdings in shares of Quantum-Si by 210.5% during the third quarter. Barclays PLC now owns 196,826 shares of the company’s stock valued at $173,000 after acquiring an additional 133,438 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in Quantum-Si in the 4th quarter valued at about $60,000. Sanctuary Advisors LLC acquired a new position in shares of Quantum-Si during the 4th quarter worth approximately $95,000. Geode Capital Management LLC grew its position 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 valued at $2,044,000 after purchasing an additional 145,091 shares in the last quarter. Finally, Bravias Capital Group LLC acquired a new stake in shares of Quantum-Si in the fourth quarter valued at approximately $55,000. 39.90% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

QSI has been the topic of several analyst reports. HC Wainwright reiterated a “buy” rating and set a $5.50 price target on shares of Quantum-Si in a report on Tuesday, January 14th. Alliance Global Partners restated a “buy” rating on shares of Quantum-Si in a report on Wednesday, March 5th. Finally, National Bankshares set a $3.65 price objective on Quantum-Si in a research report on Wednesday, March 5th.

Quantum-Si Stock Performance

Shares of QSI opened at $1.48 on Tuesday. The company’s 50-day simple moving average is $1.78 and its 200-day simple moving average is $1.49. Quantum-Si incorporated has a 1 year low of $0.61 and a 1 year high of $5.77. The stock has a market capitalization of $271.05 million, a PE ratio of -2.31 and a beta of 2.75.

Insider Transactions at Quantum-Si

In related news, CEO Jeffrey Alan Hawkins sold 23,707 shares of the company’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of $1.39, for a total value of $32,952.73. Following the completion of the sale, the chief executive officer now owns 2,646,716 shares in the company, valued at $3,678,935.24. This represents a 0.89 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jonathan M. Rothberg sold 3,506,267 shares of the stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $3.34, for a total transaction of $11,710,931.78. Following the sale, the director now owns 1,250,000 shares of the company’s stock, valued at $4,175,000. This trade represents a 73.72 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 3,542,917 shares of company stock valued at $11,761,875. 30.04% of the stock is currently owned by corporate insiders.

Quantum-Si 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.