Quantum Co. (NASDAQ:QMCO) CRO Sells $33,360.80 in Stock

Quantum Co. (NASDAQ:QMCO) CRO Henk Jan Spanjaard sold 935 shares of Quantum stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $35.68, for a total value of $33,360.80. Following the completion of the sale, the executive now directly owns 14,903 shares of the company’s stock, valued at approximately $531,739.04. The trade was a 5.90 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Henk Jan Spanjaard also recently made the following trade(s):

• On Friday, November 8th, Henk Jan Spanjaard sold 394 shares of Quantum stock. The shares were sold at an average price of $4.43, for a total value of $1,745.42.

Quantum Stock Down 15.5 %

NASDAQ:QMCO opened at $32.60 on Friday. The company has a 50 day simple moving average of $27.38 and a two-hundred day simple moving average of $12.87. Quantum Co. has a 12 month low of $2.22 and a 12 month high of $90.64.

Analyst Ratings Changes

Separately, Northland Securities restated a “market perform” rating and set a $5.00 target price (up previously from $0.25) on shares of Quantum in a research note on Thursday, November 14th.

Institutional Trading of Quantum

An institutional investor recently bought a new position in Quantum stock. Arkadios Wealth Advisors purchased a new stake in shares of Quantum Co. (NASDAQ:QMCO) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 8,642 shares of the company’s stock, valued at approximately $466,000. Arkadios Wealth Advisors owned 0.18% of Quantum as of its most recent SEC filing. Institutional investors and hedge funds own 63.66% of the company’s stock.

Quantum Company Profile

Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Myriad All-Flash File and Object Storage Software for high performance enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, enriching video, audio, and image files, and workflow orchestration.