QuantumScape Co. (NYSE:QS - Get Free Report) CFO Kevin Hettrich sold 36,949 shares of the company's stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $5.06, for a total value of $186,961.94. Following the completion of the sale, the chief financial officer now directly owns 1,024,325 shares of the company's stock, valued at approximately $5,183,084.50. This trade represents a 3.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Kevin Hettrich also recently made the following trade(s):
- On Thursday, December 5th, Kevin Hettrich sold 29,667 shares of QuantumScape stock. The shares were sold at an average price of $5.10, for a total value of $151,301.70.
- On Thursday, November 21st, Kevin Hettrich sold 55,647 shares of QuantumScape stock. The stock was sold at an average price of $5.05, for a total transaction of $281,017.35.
QuantumScape Price Performance
Shares of NYSE:QS opened at $5.09 on Thursday. QuantumScape Co. has a 52 week low of $4.65 and a 52 week high of $9.52. The company has a 50-day moving average price of $5.29 and a 200 day moving average price of $5.66. The company has a market cap of $2.61 billion, a P/E ratio of -5.36 and a beta of 4.46. The company has a quick ratio of 14.07, a current ratio of 14.07 and a debt-to-equity ratio of 0.03.
Institutional Trading of QuantumScape
Several hedge funds have recently modified their holdings of QS. Heck Capital Advisors LLC acquired a new position in QuantumScape during the fourth quarter worth $26,000. Signaturefd LLC grew its stake in shares of QuantumScape by 79.9% during the 3rd quarter. Signaturefd LLC now owns 4,838 shares of the company's stock worth $28,000 after purchasing an additional 2,148 shares during the period. International Assets Investment Management LLC increased its holdings in shares of QuantumScape by 475.1% in the 3rd quarter. International Assets Investment Management LLC now owns 5,118 shares of the company's stock valued at $29,000 after purchasing an additional 4,228 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of QuantumScape by 208.8% in the fourth quarter. Blue Trust Inc. now owns 6,738 shares of the company's stock valued at $39,000 after purchasing an additional 4,556 shares during the period. Finally, Centaurus Financial Inc. purchased a new stake in QuantumScape during the second quarter worth about $52,000. 29.87% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of analysts recently weighed in on QS shares. Hsbc Global Res upgraded shares of QuantumScape to a "hold" rating in a research note on Tuesday, November 19th. Truist Financial reissued a "hold" rating and set a $7.00 price target (up previously from $6.00) on shares of QuantumScape in a report on Friday, October 25th. Finally, HSBC raised QuantumScape from a "reduce" rating to a "hold" rating and set a $5.30 price objective for the company in a research report on Tuesday, November 19th. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $6.26.
View Our Latest Stock Analysis on QuantumScape
QuantumScape Company Profile
(
Get Free Report)
QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.
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