Key Points
- CTO Timothy Holme sold 34,120 shares on Feb. 20 at $6.97 each (proceeds $237,816), leaving him with 1,088,228 shares; combined with Feb. 19 sales he disposed of roughly 195,000 shares across Feb. 19–20, cutting his stake by about 10%.
- QuantumScape posted a slight quarterly EPS miss (loss of $0.17 vs. $0.16 expected) with flat revenue, the stock traded down ~4%, and analysts hold a consensus "Reduce" rating with an average price target of $8.98.
QuantumScape Corporation (NYSE:QS - Get Free Report) Director Jeffrey Straubel sold 27,106 shares of the company's stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $7.10, for a total transaction of $192,452.60. Following the sale, the director owned 212,616 shares in the company, valued at $1,509,573.60. This represents a 11.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
QuantumScape Price Performance
QS opened at $6.88 on Friday. QuantumScape Corporation has a 52-week low of $3.40 and a 52-week high of $19.07. The business has a fifty day moving average of $9.89 and a 200 day moving average of $11.45. The stock has a market cap of $4.14 billion, a P/E ratio of -8.49 and a beta of 2.51. The company has a quick ratio of 21.14, a current ratio of 21.14 and a debt-to-equity ratio of 0.02.
QuantumScape (NYSE:QS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.01). QuantumScape's revenue was up .0% on a year-over-year basis. During the same period last year, the business earned ($0.22) earnings per share. As a group, sell-side analysts anticipate that QuantumScape Corporation will post -0.82 EPS for the current year.
Institutional Investors Weigh In On QuantumScape
Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in QuantumScape by 11.8% during the fourth quarter. Vanguard Group Inc. now owns 40,959,061 shares of the company's stock worth $426,793,000 after acquiring an additional 4,323,829 shares during the period. Morgan Stanley grew its position in QuantumScape by 333.5% during the fourth quarter. Morgan Stanley now owns 11,126,497 shares of the company's stock worth $115,938,000 after buying an additional 8,559,554 shares in the last quarter. Geode Capital Management LLC increased its holdings in QuantumScape by 16.7% in the 4th quarter. Geode Capital Management LLC now owns 8,327,604 shares of the company's stock valued at $86,794,000 after buying an additional 1,189,748 shares during the period. Renaissance Technologies LLC bought a new position in shares of QuantumScape during the fourth quarter valued at $84,584,000. Finally, State Street Corp increased its position in shares of QuantumScape by 7.6% during the 4th quarter. State Street Corp now owns 7,500,503 shares of the company's stock worth $78,155,000 after purchasing an additional 529,602 shares in the last quarter. Institutional investors and hedge funds own 29.87% of the company's stock.
Key Headlines Impacting QuantumScape
Here are the key news stories impacting QuantumScape this week:
- Positive Sentiment: HSBC upgraded the stock, which could provide short-term analyst support and buying interest. HSBC upgrade
- Neutral Sentiment: Broader market and sector stories (dividend moves at large utilities/REITs/restaurants) are unlikely to directly affect QS, but they can shift investor risk appetite away from speculative EV/technology plays like QuantumScape. Market dividend roundup
- Negative Sentiment: Large insider selling by senior executives: CTO Timothy Holme sold multiple blocks (~195,000 shares across Feb. 19–20) reducing his stake by ~10% (SEC filing). Holme SEC filing
- Negative Sentiment: Director Jeffrey Straubel also sold 27,106 shares (Feb. 19), an ~11% cut to his holdings — further signaling insider liquidity taking place. Straubel SEC filing
- Negative Sentiment: Investor reaction to recent financials: coverage notes QuantumScape posted an unimpressive quarter (slight EPS miss, flat revenue) and shares went into a multiday slide afterward — that weak operating update plus elevated insider selling likely pressured the stock. Coverage of session losses
Analyst Upgrades and Downgrades
Several research firms have issued reports on QS. Morgan Stanley cut their target price on QuantumScape from $12.00 to $8.50 and set an "equal weight" rating for the company in a research note on Wednesday. TD Cowen reissued a "hold" rating on shares of QuantumScape in a report on Wednesday. Robert W. Baird set a $12.00 target price on shares of QuantumScape in a report on Thursday, February 12th. HSBC upgraded QuantumScape from a "reduce" rating to a "hold" rating and dropped their target price for the stock from $10.50 to $8.30 in a research report on Wednesday. Finally, Evercore reiterated an "in-line" rating and set a $12.00 price target (up from $8.00) on shares of QuantumScape in a research report on Monday, November 24th. Six equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Reduce" and a consensus price target of $8.98.
Read Our Latest Report on QS
QuantumScape Company Profile
(
Get Free Report)
QuantumScape Corporation is a development-stage company specializing in the research and commercialization of next-generation solid-state lithium-metal batteries for electric vehicles. The company's core technology replaces the traditional liquid electrolyte with a solid ceramic separator, aiming to deliver higher energy density, faster charging times and enhanced safety compared to conventional lithium-ion cells. QuantumScape's product roadmap focuses on enabling electric vehicle manufacturers to extend driving range and reduce charging downtime, addressing key barriers to widespread EV adoption.
Founded in 2010 and headquartered in San Jose, California, QuantumScape has attracted significant strategic investment and formed partnerships with leading automotive OEMs.
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