Barclays PLC Raises Stake in Quantum-Si incorporated (NASDAQ:QSI)

Barclays PLC boosted its holdings in shares of Quantum-Si incorporated (NASDAQ:QSI) by 210.5% in the third quarter, HoldingsChannel reports. The fund owned 196,826 shares of the company’s stock after acquiring an additional 133,438 shares during the period. Barclays PLC’s holdings in Quantum-Si were worth $173,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of QSI. Geode Capital Management LLC grew its stake 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 during the period. Bank of New York Mellon Corp grew its stake 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. Green Alpha Advisors LLC grew its stake 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. SG Americas Securities LLC bought a new stake in shares of Quantum-Si in the third quarter worth approximately $53,000. Finally, XTX Topco Ltd grew its stake in shares of Quantum-Si by 81.3% in the third quarter. XTX Topco Ltd now owns 43,812 shares of the company’s stock worth $39,000 after acquiring an additional 19,651 shares during the period. 39.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on QSI. HC Wainwright restated a “buy” rating and set a $5.50 target price on shares of Quantum-Si in a research report on Tuesday, January 14th. Canaccord Genuity Group lowered their price target on shares of Quantum-Si from $1.50 to $1.00 and set a “hold” rating on the stock in a report on Wednesday, November 13th.

Insider Buying and Selling at Quantum-Si

In other news, Director Jonathan M. Rothberg sold 3,506,267 shares of the company’s 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 transaction, the director now directly owns 1,250,000 shares in the company, valued at approximately $4,175,000. This represents a 73.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 30.04% of the company’s stock.

Quantum-Si Stock Down 2.5 %

Quantum-Si stock opened at $2.38 on Thursday. The company has a market cap of $339.65 million, a price-to-earnings ratio of -3.72 and a beta of 2.74. The firm’s fifty day moving average is $1.92 and its 200 day moving average is $1.27. Quantum-Si incorporated has a 52-week low of $0.61 and a 52-week high of $5.77.

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.