Barclays PLC Purchases 133,438 Shares of Quantum-Si incorporated (NASDAQ:QSI)

Barclays PLC boosted its position in Quantum-Si incorporated (NASDAQ:QSI) by 210.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 196,826 shares of the company’s stock after acquiring an additional 133,438 shares during the quarter. Barclays PLC owned 0.14% of Quantum-Si worth $173,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in QSI. XTX Topco Ltd bought a new stake in shares of Quantum-Si during the second quarter worth $25,000. SG Americas Securities LLC acquired a new position in shares of Quantum-Si during the third quarter worth $53,000. Green Alpha Advisors LLC lifted 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 worth $154,000 after purchasing an additional 45,796 shares during the period. Bank of New York Mellon Corp lifted 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 worth $339,000 after purchasing an additional 10,811 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Quantum-Si by 6.7% during the third quarter. Geode Capital Management LLC now owns 2,316,921 shares of the company’s stock worth $2,044,000 after purchasing an additional 145,091 shares during the period. 39.90% of the stock is owned by institutional investors.

Analysts Set New Price Targets

QSI has been the topic of a number of recent research reports. HC Wainwright reiterated a “buy” rating and set a $5.50 price target on shares of Quantum-Si in a report on Tuesday, January 14th. Canaccord Genuity Group dropped their target price 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.

Insider Buying and Selling at Quantum-Si

In other Quantum-Si news, Director Jonathan M. Rothberg sold 3,506,267 shares of the stock in a transaction that occurred 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 in the company, valued at $4,175,000. This represents a 73.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 30.04% of the company’s stock.

Quantum-Si Stock Performance

Shares of QSI stock opened at $2.38 on Thursday. Quantum-Si incorporated has a 52-week low of $0.61 and a 52-week high of $5.77. The company has a 50-day simple moving average of $1.92 and a two-hundred day simple moving average of $1.27. The company has a market capitalization of $339.65 million, a price-to-earnings ratio of -3.72 and a beta of 2.74.

Quantum-Si 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.