Quantum-Si incorporated (NASDAQ:QSI) Shares Sold by Jane Street Group LLC

Jane Street Group LLC cut its holdings in shares of Quantum-Si incorporated (NASDAQ:QSI) by 15.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 256,689 shares of the company’s stock after selling 47,367 shares during the period. Jane Street Group LLC owned 0.18% of Quantum-Si worth $226,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. SG Americas Securities LLC purchased a new stake in shares of Quantum-Si during the third quarter valued at $53,000. Green Alpha Advisors LLC grew its holdings in shares of Quantum-Si by 35.4% during the third quarter. Green Alpha Advisors LLC now owns 175,055 shares of the company’s stock valued at $154,000 after buying an additional 45,796 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of Quantum-Si during the second quarter valued at $25,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of Quantum-Si by 3.5% during the second quarter. Bank of New York Mellon Corp now owns 322,460 shares of the company’s stock valued at $339,000 after buying an additional 10,811 shares during the last quarter. 39.90% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Quantum-Si

In other Quantum-Si news, Director Jonathan M. Rothberg sold 3,506,267 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at approximately $4,175,000. This represents a 73.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 30.04% of the stock is owned by corporate insiders.

Quantum-Si Stock Performance

NASDAQ:QSI opened at $2.64 on Friday. Quantum-Si incorporated has a one year low of $0.61 and a one year high of $5.77. The firm has a market cap of $376.76 million, a price-to-earnings ratio of -4.13 and a beta of 2.74. The firm’s fifty day moving average is $1.70 and its two-hundred day moving average is $1.20.

Analyst Ratings Changes

QSI has been the topic of a number of research analyst reports. HC Wainwright boosted 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 dropped their price objective on shares of Quantum-Si from $1.50 to $1.00 and set a “hold” rating on the stock in a report on Wednesday, November 13th.

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.