Green Alpha Advisors LLC Sells 16,197 Shares of Quantum-Si incorporated (NASDAQ:QSI)

Green Alpha Advisors LLC cut its position in Quantum-Si incorporated (NASDAQ:QSI) by 9.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 158,858 shares of the company’s stock after selling 16,197 shares during the period. Green Alpha Advisors LLC owned about 0.11% of Quantum-Si worth $429,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC boosted its holdings in Quantum-Si by 210.5% in the 3rd quarter. Barclays PLC now owns 196,826 shares of the company’s stock worth $173,000 after buying an additional 133,438 shares during the period. Geode Capital Management LLC boosted its stake in shares of Quantum-Si by 6.7% in the third quarter. Geode Capital Management LLC now owns 2,316,921 shares of the company’s stock worth $2,044,000 after acquiring an additional 145,091 shares during the period. XTX Topco Ltd grew its position in shares of Quantum-Si by 81.3% during the third quarter. XTX Topco Ltd now owns 43,812 shares of the company’s stock worth $39,000 after purchasing an additional 19,651 shares in the last quarter. SG Americas Securities LLC bought a new stake in Quantum-Si during the 3rd quarter valued at approximately $53,000. Finally, Bank of New York Mellon Corp lifted its holdings in Quantum-Si by 3.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 322,460 shares of the company’s stock worth $339,000 after purchasing an additional 10,811 shares in the last quarter. 39.90% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on QSI. HC Wainwright increased their price objective on shares of Quantum-Si from $4.00 to $5.50 and gave the company a “buy” rating in a report on Thursday, November 21st. Canaccord Genuity Group cut their target price on shares of Quantum-Si from $1.50 to $1.00 and set a “hold” rating for the company in a research note on Wednesday, November 13th.

Insider Transactions at Quantum-Si

In other news, Director Jonathan M. Rothberg sold 3,506,267 shares of the business’s stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $3.34, for a total value of $11,710,931.78. Following the sale, the director now directly owns 1,250,000 shares in the company, valued at $4,175,000. The trade was a 73.72 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 30.04% of the company’s stock.

Quantum-Si Stock Performance

NASDAQ:QSI opened at $2.64 on Monday. The company has a market capitalization of $376.76 million, a P/E ratio of -4.13 and a beta of 2.74. The business’s 50-day moving average is $1.70 and its 200 day moving average is $1.20. Quantum-Si incorporated has a 12 month low of $0.61 and a 12 month high of $5.77.

Quantum-Si Company Profile

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.