Two Sigma Investments LP Makes New $412,000 Investment in Quantum-Si incorporated (NASDAQ:QSI)

Two Sigma Investments LP acquired a new stake in Quantum-Si incorporated (NASDAQ:QSI - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund 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 filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in QSI. Tower Research Capital LLC TRC grew its stake in shares of Quantum-Si by 139.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 23,347 shares of the company's stock worth $63,000 after acquiring an additional 13,592 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Quantum-Si by 21.3% during the 4th quarter. Bank of New York Mellon Corp now owns 269,807 shares of the company's stock worth $728,000 after purchasing an additional 47,400 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in Quantum-Si during the 4th quarter worth about $60,000. Sanctuary Advisors LLC acquired a new stake in Quantum-Si in the 4th quarter valued at about $95,000. Finally, BNP Paribas Financial Markets purchased a new position in shares of Quantum-Si in the 4th quarter valued at about $51,000. 39.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

QSI has been the topic of a number of recent research reports. Alliance Global Partners restated a "buy" rating on shares of Quantum-Si in a research note on Friday, May 16th. National Bankshares set a $3.65 price objective on shares of Quantum-Si in a research report on Wednesday, March 5th. Finally, HC Wainwright reaffirmed a "buy" rating and set a $5.50 price objective on shares of Quantum-Si in a research report on Monday, May 19th.

Quantum-Si Price Performance

Shares of QSI traded up $0.06 during mid-day trading on Wednesday, reaching $1.76. The company's stock had a trading volume of 11,180,491 shares, compared to its average volume of 10,814,457. Quantum-Si incorporated has a 12-month low of $0.61 and a 12-month high of $5.77. The stock has a market cap of $322.96 million, a PE ratio of -2.75 and a beta of 2.87. The company's 50 day moving average is $1.40 and its 200 day moving average is $1.68.

Quantum-Si (NASDAQ:QSI - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.11) earnings per share for the quarter, topping 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%. The business had revenue of $0.84 million during the quarter, compared to the consensus estimate of $0.96 million. As a group, sell-side analysts anticipate that Quantum-Si incorporated will post -0.65 EPS for the current fiscal year.

Insider Activity

In other news, CEO Jeffrey Alan Hawkins sold 23,707 shares of the firm's 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 of the company's stock, valued at $3,678,935.24. This trade represents a 0.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders have sold 36,650 shares of company stock valued at $50,944. Company insiders own 30.04% of the company's stock.

Quantum-Si Company 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.