QuantumScape (NYSE:QS) Insider Michael Mccarthy III Sells 45,000 Shares

QuantumScape Corporation (NYSE:QSGet Free Report) insider Michael Mccarthy III sold 45,000 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $6.73, for a total transaction of $302,850.00. Following the transaction, the insider owned 954,219 shares of the company’s stock, valued at approximately $6,421,893.87. This trade represents a 4.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

QuantumScape Trading Down 3.3%

QS stock opened at $6.69 on Friday. QuantumScape Corporation has a 12-month low of $3.40 and a 12-month high of $19.07. The business’s 50-day moving average is $9.05 and its 200 day moving average is $11.31. The company has a current ratio of 21.14, a quick ratio of 21.14 and a debt-to-equity ratio of 0.02. The stock has a market cap of $4.02 billion, a price-to-earnings ratio of -8.26 and a beta of 2.51.

QuantumScape (NYSE:QSGet Free Report) last announced its earnings results on Wednesday, February 11th. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.01). The company’s revenue was up .0% compared to the same quarter last year. During the same quarter last year, the business earned ($0.22) earnings per share. On average, sell-side analysts anticipate that QuantumScape Corporation will post -0.82 EPS for the current fiscal year.

Institutional Investors Weigh In On QuantumScape

Institutional investors have recently made changes to their positions in the stock. Tsfg LLC raised its position in QuantumScape by 233.3% in the third quarter. Tsfg LLC now owns 2,000 shares of the company’s stock valued at $25,000 after purchasing an additional 1,400 shares during the period. REAP Financial Group LLC grew its stake in QuantumScape by 300.0% during the 3rd quarter. REAP Financial Group LLC now owns 2,000 shares of the company’s stock worth $25,000 after purchasing an additional 1,500 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in QuantumScape during the 4th quarter worth about $25,000. Russell Investments Group Ltd. raised its position in QuantumScape by 685.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,794 shares of the company’s stock valued at $25,000 after purchasing an additional 3,311 shares in the last quarter. Finally, North Capital Inc. purchased a new position in shares of QuantumScape in the 2nd quarter valued at about $27,000. 29.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

QS has been the topic of a number of research reports. Evercore restated an “in-line” rating and issued a $12.00 price objective (up from $8.00) on shares of QuantumScape in a report on Monday, November 24th. Robert W. Baird set a $12.00 price target on shares of QuantumScape in a research note on Thursday, February 12th. TD Cowen reaffirmed a “hold” rating on shares of QuantumScape in a research note on Wednesday, February 18th. Morgan Stanley cut their price objective on shares of QuantumScape from $12.00 to $8.50 and set an “equal weight” rating for the company in a report on Wednesday, February 18th. Finally, HSBC raised shares of QuantumScape from a “reduce” rating to a “hold” rating and decreased their target price for the stock from $10.50 to $8.30 in a research note on Wednesday, February 18th. Six analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $8.98.

View Our Latest Stock Report on QS

QuantumScape News Summary

Here are the key news stories impacting QuantumScape this week:

  • Positive Sentiment: Board hire may expand commercialization and defense pathways — QuantumScape appointed Ross Niebergall, a longtime defense R&D and commercialization executive, to its board. This could help open defense-related programs or partnerships and adds experienced technical leadership. Business Wire Article
  • Neutral Sentiment: Analyst and media commentary highlights ongoing execution and macro risks — recent pieces from Forbes and The Motley Fool review longer-term outlook and stress that the company still faces technology scale-up, funding, and EV-market timing risks; these are background narrative items that inform investor expectations but don’t change fundamentals immediately. Forbes Article
  • Negative Sentiment: Large insider sales by senior executives — CTO Timothy Holme disclosed sales totaling roughly 161k shares across filings (multiple trades at about $6.86), reducing his position by ~10.3%; another senior insider, Michael McCarthy III, sold ~75k shares across two trades (~$6.73–$6.90), trimming his stake by ~2.9–4.5%. Significant insider selling often spooks investors about near-term insider confidence. CTO Sale SEC Filing Insider Sale SEC Filing
  • Negative Sentiment: Brokerage consensus weak — analysts’ average recommendation compiled in recent coverage is “Reduce,” which can pressure sentiment and reduce buyer interest until the company posts stronger execution or clearer funding/volume signals. Brokerage Consensus

QuantumScape Company Profile

(Get Free Report)

QuantumScape Corporation is a development-stage company specializing in the research and commercialization of next-generation solid-state lithium-metal batteries for electric vehicles. The company’s core technology replaces the traditional liquid electrolyte with a solid ceramic separator, aiming to deliver higher energy density, faster charging times and enhanced safety compared to conventional lithium-ion cells. QuantumScape’s product roadmap focuses on enabling electric vehicle manufacturers to extend driving range and reduce charging downtime, addressing key barriers to widespread EV adoption.

Founded in 2010 and headquartered in San Jose, California, QuantumScape has attracted significant strategic investment and formed partnerships with leading automotive OEMs.

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Insider Buying and Selling by Quarter for QuantumScape (NYSE:QS)

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