XTX Topco Ltd Increases Stock Holdings in Quantum-Si incorporated (NASDAQ:QSI)

XTX Topco Ltd increased its stake in shares of Quantum-Si incorporated (NASDAQ:QSI) by 460.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 245,585 shares of the company’s stock after acquiring an additional 201,773 shares during the quarter. XTX Topco Ltd’s holdings in Quantum-Si were worth $663,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of QSI. Wolverine Asset Management LLC bought a new stake in shares of Quantum-Si in the 4th quarter worth $26,000. Abel Hall LLC bought a new stake in Quantum-Si in the 4th quarter worth about $28,000. Dudley Capital Management LLC purchased a new stake in Quantum-Si in the 4th quarter valued at about $30,000. Bravias Capital Group LLC bought a new position in shares of Quantum-Si during the 4th quarter worth approximately $55,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Quantum-Si during the 4th quarter worth approximately $60,000. 39.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on QSI shares. HC Wainwright reaffirmed a “buy” rating and set a $5.50 price target on shares of Quantum-Si in a research report on Tuesday, January 14th. National Bankshares set a $3.65 target price on Quantum-Si in a research report on Wednesday, March 5th. Finally, Alliance Global Partners reissued a “buy” rating on shares of Quantum-Si in a report on Wednesday, March 5th.

Insider Activity

In related news, CEO Jeffrey Alan Hawkins sold 23,707 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $1.39, for a total transaction of $32,952.73. Following the sale, the chief executive officer now directly owns 2,646,716 shares in the company, valued at approximately $3,678,935.24. This represents a 0.89 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders have sold 36,650 shares of company stock valued at $50,944 in the last 90 days. Insiders own 30.04% of the company’s stock.

Quantum-Si Trading Down 0.9 %

Quantum-Si stock opened at $1.15 on Friday. The business’s 50 day simple moving average is $1.40 and its 200 day simple moving average is $1.52. Quantum-Si incorporated has a 12 month low of $0.61 and a 12 month high of $5.77. The company has a market cap of $210.61 million, a price-to-earnings ratio of -1.80 and a beta of 2.71.

About Quantum-Si

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.