Shay Capital LLC Has $585,000 Stake in Quantum-Si incorporated (NASDAQ:QSI)

Shay Capital LLC boosted its stake in shares of Quantum-Si incorporated (NASDAQ:QSI) by 56.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 216,546 shares of the company’s stock after buying an additional 78,376 shares during the quarter. Shay Capital LLC owned approximately 0.15% of Quantum-Si worth $585,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in QSI. Barclays PLC lifted its stake in shares of Quantum-Si by 210.5% in the third quarter. Barclays PLC now owns 196,826 shares of the company’s stock worth $173,000 after acquiring an additional 133,438 shares during the period. SG Americas Securities LLC raised its holdings in Quantum-Si by 12.4% during the 4th quarter. SG Americas Securities LLC now owns 67,588 shares of the company’s stock worth $182,000 after purchasing an additional 7,470 shares during the last quarter. Abel Hall LLC acquired a new position in shares of Quantum-Si in the 4th quarter worth approximately $28,000. Rhumbline Advisers boosted its stake in shares of Quantum-Si by 3.7% in the 4th quarter. Rhumbline Advisers now owns 148,946 shares of the company’s stock valued at $402,000 after purchasing an additional 5,298 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Quantum-Si during the fourth quarter worth $95,000. Institutional investors own 39.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on QSI shares. National Bankshares set a $3.65 target price on shares of Quantum-Si in a report on Wednesday, March 5th. Alliance Global Partners reissued a “buy” rating on shares of Quantum-Si in a research report on Wednesday, March 5th.

Quantum-Si Stock Down 2.6%

Quantum-Si stock opened at $1.48 on Friday. The company has a market capitalization of $271.05 million, a PE ratio of -2.31 and a beta of 2.71. Quantum-Si incorporated has a 12-month low of $0.61 and a 12-month high of $5.77. The firm’s fifty day moving average is $1.27 and its 200 day moving average is $1.58.

Quantum-Si (NASDAQ:QSI) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.06. Quantum-Si had a negative net margin of 3,968.84% and a negative return on equity of 36.96%. Sell-side analysts expect that Quantum-Si incorporated will post -0.65 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Jeffrey Alan Hawkins sold 23,707 shares of the company’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $1.39, for a total value of $32,952.73. Following the sale, the chief executive officer now owns 2,646,716 shares in the company, valued at $3,678,935.24. This represents a 0.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Over the last quarter, insiders have sold 36,650 shares of company stock worth $50,944. Corporate insiders own 30.04% of the company’s stock.

About Quantum-Si

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.