Massachusetts Financial Services Co. MA Purchases Shares of 12,154 IonQ, Inc. $IONQ

Key Points

• Massachusetts Financial Services Co. MA bought a new stake of 12,154 shares of IonQ in Q4, valued at about $545,000, per its 13F filing.
• Institutional investors own 41.42% of IonQ, led by large positions from Vanguard (29.35M shares) and State Street, indicating substantial institutional interest.
• Wall Street sentiment is mixed but leans Moderate Buy (average target $69.45); recent catalysts — a DARPA contract, a photonic entanglement breakthrough and Nvidia-driven sector momentum — have boosted the stock while analysts flag valuation and cash‑burn risks.

Massachusetts Financial Services Co. MA purchased a new stake in shares of IonQ, Inc. (NYSE:IONQ - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 12,154 shares of the company's stock, valued at approximately $545,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. increased its stake in IonQ by 18.5% during the 3rd quarter. Vanguard Group Inc. now owns 29,354,706 shares of the company's stock valued at $1,805,314,000 after purchasing an additional 4,587,260 shares in the last quarter. State Street Corp increased its stake in IonQ by 19.9% during the 3rd quarter. State Street Corp now owns 6,299,559 shares of the company's stock valued at $387,423,000 after purchasing an additional 1,043,878 shares in the last quarter. JPMorgan Chase & Co. increased its stake in IonQ by 12.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,008,001 shares of the company's stock valued at $184,992,000 after purchasing an additional 333,653 shares in the last quarter. Northern Trust Corp increased its stake in IonQ by 30.3% during the 3rd quarter. Northern Trust Corp now owns 2,737,026 shares of the company's stock valued at $168,327,000 after purchasing an additional 636,482 shares in the last quarter. Finally, Lansdowne Partners UK LLP increased its stake in IonQ by 286.1% during the 3rd quarter. Lansdowne Partners UK LLP now owns 1,937,031 shares of the company's stock valued at $119,127,000 after purchasing an additional 1,435,394 shares in the last quarter. Institutional investors own 41.42% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on IONQ. JPMorgan Chase & Co. reduced their target price on shares of IonQ from $47.00 to $42.00 and set a "neutral" rating for the company in a research note on Thursday, February 26th. Benchmark reduced their target price on shares of IonQ from $75.00 to $65.00 and set a "buy" rating for the company in a research note on Thursday, February 26th. Weiss Ratings reiterated a "sell (d-)" rating on shares of IonQ in a research note on Thursday, January 22nd. DA Davidson reduced their target price on shares of IonQ from $55.00 to $35.00 and set a "neutral" rating for the company in a research note on Thursday, February 26th. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $100.00 target price on shares of IonQ in a research note on Thursday, February 26th. Nine research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $69.45.

Insider Buying and Selling

In related news, Director William J. Teuber, Jr. purchased 3,000 shares of the business's stock in a transaction that occurred on Friday, February 27th. The shares were bought at an average cost of $38.38 per share, with a total value of $115,140.00. Following the acquisition, the director owned 9,413 shares of the company's stock, valued at $361,270.94. This represents a 46.78% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider John W. Raymond sold 2,800 shares of the company's stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $33.34, for a total transaction of $93,352.00. Following the sale, the insider directly owned 83,963 shares in the company, valued at approximately $2,799,326.42. This trade represents a 3.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 8,581 shares of company stock valued at $316,156. 5.20% of the stock is owned by insiders.

IonQ Price Performance

NYSE IONQ opened at $46.18 on Friday. IonQ, Inc. has a 1 year low of $23.49 and a 1 year high of $84.64. The firm has a market cap of $16.93 billion, a price-to-earnings ratio of -18.55 and a beta of 2.80. The company has a fifty day moving average price of $33.38 and a 200-day moving average price of $46.06.

Key IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: DARPA contract win and a photonic entanglement breakthrough — institutional contract and demonstrated inter-system entanglement materially strengthen IonQ’s technical and government-commercial credentials. IonQ Stock Surges 20% Today: What Is Driving IONQ Higher
• Positive Sentiment: Nvidia’s new models cited as supportive for quantum sector — Nvidia’s product moves are being viewed as an endorsement for the sector, helping drive investor interest in IonQ. IonQ (IONQ) Soars 21% on Nvidia Quantum Computing Support
• Positive Sentiment: Strong revenue growth and bullish investor narratives — recent reports highlight >400% YoY revenue growth and profiles suggesting multibagger potential, reinforcing bullish sentiment. Could IonQ Be the Next Multibagger?
• Positive Sentiment: Broader quantum-stock rally spotlight — sector-wide gains and media coverage (Barron's feature) are drawing fresh investor flows into public quantum names like IonQ. Quantum Stocks Had a Blowout Week. IonQ, Infleqtion, and Other Names to Watch.
• Positive Sentiment: Local/state funding could boost Bothell operations — reports say state dollars are being redirected to supercharge IonQ’s Bothell growth plans, a potential operational tailwind. State Raids Lottery Leftovers To Supercharge IonQ's Bothell Quantum Boom
• Neutral Sentiment: Wall Street analyst attention — multiple Zacks pieces highlight analyst coverage and investor interest; that attention can amplify moves but doesn’t guarantee direction. Is It Worth Investing in IonQ (IONQ) Based on Wall Street's Bullish Views?
• Neutral Sentiment: High retail/trending interest — Zacks notes IonQ is a trending ticker, which can boost liquidity and volatility without changing fundamentals. IonQ, Inc. (IONQ) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Valuation and cash-burn concerns — analysts warn the rally already prices in high expectations while the company is burning cash and executing growth, a risk if milestones slip. Should You Buy Sell or Hold IonQ at $42 – Is the Quantum Rally Back?
• Negative Sentiment: Trading/insider-transaction scrutiny — a flagged trade tied to Rep. Greg Steube drew attention and could raise governance/public perception questions. IONQ stock trade by Greg Steube should raise 'some flags,' says tracker made popular by Nancy Pelosi's stock moves

IonQ Profile

IonQ, Inc engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. It also provides contracts associated with the design, development, and construction of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems.

Want to see what other hedge funds are holding IONQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IonQ, Inc. (NYSE:IONQ - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.