QuantumScape Co. (NYSE:QS - Get Free Report) CFO Kevin Hettrich sold 34,607 shares of the firm's stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $6.14, for a total value of $212,486.98. Following the completion of the sale, the chief financial officer now directly owns 1,178,512 shares in the company, valued at approximately $7,236,063.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Kevin Hettrich also recently made the following trade(s):
- On Monday, March 11th, Kevin Hettrich sold 34,607 shares of QuantumScape stock. The shares were sold at an average price of $6.11, for a total value of $211,448.77.
- On Tuesday, February 20th, Kevin Hettrich sold 34,607 shares of QuantumScape stock. The shares were sold at an average price of $6.54, for a total value of $226,329.78.
QuantumScape Trading Up 2.1 %
QS opened at $6.27 on Wednesday. The business has a 50 day moving average of $6.38 and a 200-day moving average of $6.49. The stock has a market cap of $3.11 billion, a PE ratio of -6.53 and a beta of 4.77. QuantumScape Co. has a 52 week low of $4.99 and a 52 week high of $13.86. The company has a quick ratio of 18.98, a current ratio of 18.98 and a debt-to-equity ratio of 0.03.
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QuantumScape (NYSE:QS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.19) by ($0.04). During the same quarter last year, the firm posted ($0.25) earnings per share. Equities research analysts predict that QuantumScape Co. will post -0.87 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on QS shares. William Blair started coverage on QuantumScape in a research report on Monday, December 18th. They set a "market perform" rating on the stock. Truist Financial lifted their price objective on QuantumScape from $7.00 to $8.00 and gave the stock a "hold" rating in a research report on Friday, February 16th. Finally, Robert W. Baird lifted their price objective on QuantumScape from $5.00 to $8.00 and gave the stock a "neutral" rating in a research report on Thursday, February 15th. Three analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, QuantumScape has a consensus rating of "Hold" and a consensus target price of $6.71.
Get Our Latest Report on QS
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the stock. Clear Street Markets LLC bought a new stake in shares of QuantumScape in the 4th quarter worth $32,000. Tower Research Capital LLC TRC increased its holdings in shares of QuantumScape by 49.6% in the 3rd quarter. Tower Research Capital LLC TRC now owns 5,142 shares of the company's stock worth $34,000 after purchasing an additional 1,704 shares in the last quarter. Spire Wealth Management increased its holdings in shares of QuantumScape by 39.0% in the 4th quarter. Spire Wealth Management now owns 5,350 shares of the company's stock worth $35,000 after purchasing an additional 1,500 shares in the last quarter. C M Bidwell & Associates Ltd. bought a new stake in shares of QuantumScape in the 2nd quarter worth $39,000. Finally, Level Financial Advisors Inc. bought a new stake in shares of QuantumScape in the 3rd quarter worth $42,000. Hedge funds and other institutional investors own 29.87% of the company's stock.
About QuantumScape
(
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QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.
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