Connor Clark & Lunn Investment Management Ltd. Cuts Stock Holdings in IonQ, Inc. $IONQ

Connor Clark & Lunn Investment Management Ltd. lowered its position in IonQ, Inc. (NYSE:IONQ) by 28.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 602,183 shares of the company’s stock after selling 235,726 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.17% of IonQ worth $37,034,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. raised its stake in shares of IonQ by 28.4% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,008 shares of the company’s stock worth $40,000 after buying an additional 223 shares in the last quarter. Hilltop National Bank boosted its stake in shares of IonQ by 112.5% in the third quarter. Hilltop National Bank now owns 425 shares of the company’s stock valued at $26,000 after buying an additional 225 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of IonQ by 4.3% in the third quarter. International Assets Investment Management LLC now owns 5,679 shares of the company’s stock valued at $349,000 after buying an additional 235 shares in the last quarter. Lauer Wealth LLC grew its holdings in IonQ by 5.5% during the third quarter. Lauer Wealth LLC now owns 4,852 shares of the company’s stock worth $298,000 after acquiring an additional 255 shares during the period. Finally, GAMMA Investing LLC raised its position in IonQ by 11.8% in the third quarter. GAMMA Investing LLC now owns 2,480 shares of the company’s stock worth $153,000 after acquiring an additional 261 shares in the last quarter. Hedge funds and other institutional investors own 41.42% of the company’s stock.

IonQ Stock Performance

IONQ opened at $33.06 on Friday. The company has a market cap of $12.12 billion, a price-to-earnings ratio of -13.28 and a beta of 2.61. IonQ, Inc. has a one year low of $18.81 and a one year high of $84.64. The business’s fifty day moving average is $40.41 and its two-hundred day moving average is $50.05.

Insider Buying and Selling

In other IonQ news, Director William J. Teuber, Jr. acquired 3,000 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were acquired at an average cost of $38.38 per share, for a total transaction of $115,140.00. Following the transaction, the director directly owned 9,413 shares of the company’s stock, valued at approximately $361,270.94. This represents a 46.78% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Robert T. Cardillo sold 5,165 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $39.44, for a total transaction of $203,707.60. Following the completion of the sale, the insider directly owned 112,291 shares in the company, valued at approximately $4,428,757.04. The trade was a 4.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 10,781 shares of company stock worth $497,804 in the last three months. Corporate insiders own 5.20% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on IONQ shares. Wedbush began coverage on IonQ in a report on Wednesday, December 17th. They issued an “outperform” rating and a $60.00 target price for the company. Benchmark lowered their price target on shares of IonQ from $75.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. DA Davidson cut their price target on shares of IonQ from $55.00 to $35.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Needham & Company LLC decreased their price objective on shares of IonQ from $80.00 to $65.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Finally, Jefferies Financial Group initiated coverage on shares of IonQ in a research report on Tuesday, December 16th. They set a “buy” rating and a $100.00 target price on the stock. Nine investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, IonQ has an average rating of “Moderate Buy” and an average price target of $69.45.

Key Stories Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Landmark University of Cambridge collaboration to establish the IonQ Quantum Innovation Centre to commercialize quantum research, expand IP and deploy advanced systems — strengthens IonQ’s academic/commercial pipeline and UK presence. Read More.
• Positive Sentiment: Planned deployment of a 256‑qubit system into the Cambridge research ecosystem signals product progress and makes IonQ’s hardware roadmap more tangible for researchers and customers. Read More.
• Positive Sentiment: Deepening federal / security work (ARLIS collaboration on quantum Zero Trust architecture) increases IonQ’s relevance for government contracts and secure-use cases. Read More.
• Positive Sentiment: Bullish media/analyst commentary argues IonQ’s cost and performance advantages could drive faster growth and mean the company may outperform longer term — supportive sentiment for investors focused on fundamentals. Read More.
• Neutral Sentiment: Management presentation/transcript from the 2026 Cantor Global Technology & Industrial Growth Conference is available for investors looking for updated strategy, KPIs and product roadmaps. Read More.
• Neutral Sentiment: General market roundups have included IonQ among names moving recently; useful for monitoring short-term volatility but not a direct catalyst. Read More.
• Negative Sentiment: IonQ filed a prospectus supplement enabling the resale of more than 2.5 million common shares by a major stockholder — this creates potential near-term share-supply pressure and likely contributed to intraday selling. Read More.
• Negative Sentiment: Coverage notes the stock has fallen more steeply than the broader market in the recent tech sell-off (cited ~25.6% YTD underperformance), reflecting macro tech spending uncertainty that can delay enterprise quantum adoption. Read More.

IonQ Profile

IonQ, Inc engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft’s Azure Quantum, and Google’s Cloud Marketplace, as well as through its cloud service. It also provides contracts associated with the design, development, and construction of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems.