Two Sigma Investments LP Takes $412,000 Position in Quantum-Si incorporated (NASDAQ:QSI)

Two Sigma Investments LP acquired a new stake in Quantum-Si incorporated (NASDAQ:QSI - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 152,683 shares of the company's stock, valued at approximately $412,000. Two Sigma Investments LP owned approximately 0.11% of Quantum-Si as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Wolverine Asset Management LLC acquired a new stake in Quantum-Si in the fourth quarter valued at about $26,000. Dudley Capital Management LLC acquired a new stake in shares of Quantum-Si during the fourth quarter valued at about $30,000. Jump Financial LLC acquired a new stake in shares of Quantum-Si during the fourth quarter valued at about $33,000. Cetera Investment Advisers acquired a new stake in shares of Quantum-Si during the fourth quarter valued at about $36,000. Finally, Balyasny Asset Management L.P. acquired a new stake in shares of Quantum-Si during the fourth quarter valued at about $36,000. 39.90% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on QSI shares. Alliance Global Partners reissued a "buy" rating on shares of Quantum-Si in a research note on Friday, May 16th. HC Wainwright reissued a "buy" rating and set a $5.50 price target on shares of Quantum-Si in a research note on Monday, May 19th. Finally, National Bankshares set a $3.65 price target on Quantum-Si in a research note on Wednesday, March 5th.

Quantum-Si Price Performance

Shares of Quantum-Si stock traded down $0.13 during midday trading on Friday, reaching $1.66. The company had a trading volume of 8,178,047 shares, compared to its average volume of 10,881,306. The stock has a fifty day moving average price of $1.42 and a 200 day moving average price of $1.69. The firm has a market cap of $304.61 million, a PE ratio of -2.59 and a beta of 2.87. Quantum-Si incorporated has a fifty-two week low of $0.61 and a fifty-two week high of $5.77.

Quantum-Si (NASDAQ:QSI - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.11) EPS for the quarter, topping analysts' consensus estimates of ($0.17) by $0.06. The company had revenue of $0.84 million for the quarter, compared to analyst estimates of $0.96 million. Quantum-Si had a negative return on equity of 36.96% and a negative net margin of 3,968.84%. As a group, sell-side analysts forecast that Quantum-Si incorporated will post -0.65 EPS for the current year.

Insider Buying and Selling

In other Quantum-Si news, CEO Jeffrey Alan Hawkins sold 23,707 shares of Quantum-Si stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $1.39, for a total value of $32,952.73. Following the completion of the sale, the chief executive officer now directly owns 2,646,716 shares in the company, valued at approximately $3,678,935.24. The trade was a 0.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 36,650 shares of company stock valued at $50,944 over the last ninety days. 30.04% of the stock is owned by company insiders.

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.