Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. Invests $1.70 Million in D-Wave Quantum Inc. $QBTS

Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new position in shares of D-Wave Quantum Inc. (NYSE:QBTS) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 65,000 shares of the company’s stock, valued at approximately $1,700,000. D-Wave Quantum makes up approximately 2.7% of Mitsubishi UFJ Morgan Stanley Securities Co. Ltd.’s portfolio, making the stock its 5th biggest holding.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of D-Wave Quantum by 41.2% during the 3rd quarter. Vanguard Group Inc. now owns 38,454,869 shares of the company’s stock worth $950,220,000 after acquiring an additional 11,218,255 shares in the last quarter. UBS Group AG boosted its stake in shares of D-Wave Quantum by 541.6% during the 3rd quarter. UBS Group AG now owns 12,089,703 shares of the company’s stock worth $298,737,000 after acquiring an additional 10,205,427 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of D-Wave Quantum by 11.5% during the 4th quarter. Geode Capital Management LLC now owns 8,394,726 shares of the company’s stock worth $220,085,000 after acquiring an additional 866,405 shares in the last quarter. State Street Corp boosted its stake in shares of D-Wave Quantum by 41.3% during the 2nd quarter. State Street Corp now owns 6,648,395 shares of the company’s stock worth $97,333,000 after acquiring an additional 1,941,762 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of D-Wave Quantum by 136,842.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,194,866 shares of the company’s stock worth $83,546,000 after acquiring an additional 3,192,533 shares in the last quarter. 42.47% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on QBTS. Jefferies Financial Group reissued a “buy” rating on shares of D-Wave Quantum in a research note on Tuesday, May 12th. TD Cowen initiated coverage on D-Wave Quantum in a research note on Thursday, February 12th. They set a “buy” rating for the company. Mizuho lowered their price objective on shares of D-Wave Quantum from $31.00 to $29.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 13th. Weiss Ratings cut shares of D-Wave Quantum from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, April 29th. Finally, Wall Street Zen cut shares of D-Wave Quantum from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Fourteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $34.67.

Insider Buying and Selling at D-Wave Quantum

In related news, CFO John M. Markovich sold 328,752 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $27.70, for a total value of $9,106,430.40. Following the completion of the sale, the chief financial officer directly owned 1,442,820 shares in the company, valued at approximately $39,966,114. This represents a 18.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director John D. Dilullo sold 8,000 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $18.01, for a total transaction of $144,080.00. Following the completion of the sale, the director owned 19,803 shares of the company’s stock, valued at $356,652.03. This represents a 28.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 383,553 shares of company stock valued at $10,118,016. Company insiders own 3.20% of the company’s stock.

D-Wave Quantum News Summary

Here are the key news stories impacting D-Wave Quantum this week:

• Positive Sentiment: Industry coverage continues to highlight quantum computing’s move toward commercial adoption, with some analysts arguing QBTS could have more upside than peers thanks to rising bookings and enterprise demand. Article Title
• Positive Sentiment: Broader news around the quantum sector suggests the market is treating commercial progress as a real catalyst, which supports investor optimism for D-Wave Quantum’s growth story. Article Title
• Neutral Sentiment: IBM’s new $10 billion quantum funding plan adds more attention to the sector overall, but it is not a direct catalyst for QBTS. It does reinforce that large tech companies are still investing heavily in quantum computing. Article Title
• Negative Sentiment: D-Wave Quantum CFO John Markovich sold 328,752 shares, trimming his position by about 18.6%. Insider selling can weigh on sentiment, especially when investors are already sensitive to valuation and profitability concerns. Article Title
• Negative Sentiment: Several reports say shares fell after a classical-computing study questioned D-Wave’s quantum advantage claims, raising doubts about one of the company’s key technology narratives. Article Title

D-Wave Quantum Trading Up 7.4%

Shares of NYSE:QBTS opened at $29.52 on Friday. The stock has a market capitalization of $10.92 billion, a PE ratio of -26.13 and a beta of 1.95. D-Wave Quantum Inc. has a 1 year low of $12.75 and a 1 year high of $46.75. The firm has a fifty day moving average price of $19.27 and a 200 day moving average price of $22.10. The company has a current ratio of 21.41, a quick ratio of 21.31 and a debt-to-equity ratio of 0.03.

D-Wave Quantum (NYSE:QBTS) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.03. The firm had revenue of $2.86 million during the quarter, compared to analysts’ expectations of $4.19 million. D-Wave Quantum had a negative net margin of 2,957.23% and a negative return on equity of 44.06%. D-Wave Quantum’s revenue for the quarter was down 80.9% on a year-over-year basis. During the same period in the prior year, the company posted ($0.02) earnings per share. Analysts expect that D-Wave Quantum Inc. will post -0.44 EPS for the current fiscal year.

D-Wave Quantum Company Profile

D-Wave Quantum Inc (NYSE: QBTS) develops and provides quantum computing systems, software and services focused on quantum annealing technology. Headquartered in Burnaby, British Columbia, D-Wave designs specialized processors that leverage quantum mechanics to solve complex optimization and sampling problems. Since its founding in 1999 by physicists including Geordie Rose, the company has pursued the development of commercially viable quantum hardware and accompanying software tools.

The company’s product portfolio centers on its quantum annealers, which are complemented by hybrid solvers that integrate classical and quantum computing resources.