Jefferies Financial Group Inc. Has $39,000 Holdings in Quantum-Si Incorporated $QSI

Jefferies Financial Group Inc. decreased its position in shares of Quantum-Si Incorporated (NASDAQ:QSI) by 71.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the company’s stock after selling 50,731 shares during the period. Jefferies Financial Group Inc.’s holdings in Quantum-Si were worth $39,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of QSI. Prudential Financial Inc. bought a new stake in Quantum-Si during the 2nd quarter worth approximately $25,000. JTC Employer Solutions Trustee Ltd acquired a new position in Quantum-Si in the second quarter worth $26,000. Wolverine Asset Management LLC boosted its stake in Quantum-Si by 140.0% in the second quarter. Wolverine Asset Management LLC now owns 16,501 shares of the company’s stock worth $32,000 after purchasing an additional 9,626 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of Quantum-Si by 99.9% during the second quarter. Kingsview Wealth Management LLC now owns 20,012 shares of the company’s stock worth $39,000 after purchasing an additional 10,000 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Quantum-Si in the first quarter valued at $42,000. 39.90% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Quantum-Si

In other news, insider Todd C. Bennett sold 18,482 shares of the stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $1.68, for a total value of $31,049.76. Following the transaction, the insider owned 700,003 shares of the company’s stock, valued at $1,176,005.04. This represents a 2.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jonathan M. Rothberg sold 26,095 shares of the firm’s stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $3.07, for a total value of $80,111.65. Following the completion of the transaction, the director owned 1,904,866 shares in the company, valued at $5,847,938.62. This represents a 1.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 68,936 shares of company stock worth $152,085 over the last 90 days. 30.04% of the stock is currently owned by company insiders.

Quantum-Si Stock Up 4.8%

Quantum-Si stock opened at $1.42 on Friday. The business’s 50-day simple moving average is $1.76 and its 200 day simple moving average is $1.62. The stock has a market cap of $304.92 million, a price-to-earnings ratio of -2.11 and a beta of 2.93. Quantum-Si Incorporated has a 12-month low of $0.95 and a 12-month high of $5.77.

Quantum-Si (NASDAQ:QSI) last released its earnings results on Wednesday, November 5th. The company reported ($0.17) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.17). The company had revenue of $0.55 million for the quarter, compared to the consensus estimate of $0.60 million. Quantum-Si had a negative net margin of 3,677.97% and a negative return on equity of 47.90%. As a group, sell-side analysts expect that Quantum-Si Incorporated will post -0.65 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on QSI shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Quantum-Si in a research report on Monday, November 24th. Canaccord Genuity Group upped their target price on shares of Quantum-Si from $1.00 to $2.00 and gave the stock a “hold” rating in a research report on Monday, October 27th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $3.73.

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.