Sanctuary Advisors LLC Has $1.68 Million Stake in IonQ, Inc. $IONQ

Key Points

• Sanctuary Advisors LLC trimmed its IonQ stake by 23.2%, selling 11,321 shares and ending the quarter with 37,489 shares worth about $1.68 million.
• Analyst sentiment is mixed but tilted positive — with 10 Buys, 6 Holds and 1 Sell, IonQ carries an average target price of $68.25 and an overall "Moderate Buy" rating.
• Recent catalysts include a DARPA contract and a successful quantum-classical freight pilot signaling commercial traction, but the stock faces headwinds from a high valuation, ongoing losses, insider selling and potential downside around its upcoming Q1 results.

Sanctuary Advisors LLC trimmed its holdings in IonQ, Inc. (NYSE:IONQ - Free Report) by 23.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,489 shares of the company's stock after selling 11,321 shares during the period. Sanctuary Advisors LLC's holdings in IonQ were worth $1,682,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. International Assets Investment Management LLC raised its position in shares of IonQ by 4.3% in the third quarter. International Assets Investment Management LLC now owns 5,679 shares of the company's stock valued at $349,000 after buying an additional 235 shares in the last quarter. Lauer Wealth LLC increased its stake in IonQ by 5.3% in the fourth quarter. Lauer Wealth LLC now owns 5,107 shares of the company's stock valued at $229,000 after acquiring an additional 255 shares during the last quarter. Beaird Harris Wealth Management LLC increased its stake in IonQ by 117.4% in the third quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company's stock valued at $31,000 after acquiring an additional 270 shares during the last quarter. CoreCap Advisors LLC increased its stake in IonQ by 8.4% in the third quarter. CoreCap Advisors LLC now owns 3,527 shares of the company's stock valued at $217,000 after acquiring an additional 274 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in IonQ by 50.5% in the second quarter. EverSource Wealth Advisors LLC now owns 831 shares of the company's stock valued at $36,000 after acquiring an additional 279 shares during the last quarter. 41.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on IONQ. Needham & Company LLC decreased their price objective on shares of IonQ from $80.00 to $65.00 and set a "buy" rating on the stock in a research note on Thursday, February 26th. Northland Securities began coverage on shares of IonQ in a research note on Monday, April 20th. They issued an "outperform" rating and a $55.00 price objective on the stock. Wall Street Zen cut shares of IonQ from a "hold" rating to a "sell" rating in a research note on Sunday. JPMorgan Chase & Co. decreased their price objective on shares of IonQ from $47.00 to $42.00 and set a "neutral" rating on the stock in a research note on Thursday, February 26th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $100.00 price objective on shares of IonQ in a research note on Thursday, February 26th. Ten research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, IonQ currently has an average rating of "Moderate Buy" and an average target price of $68.25.

IonQ News Summary

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ won a DARPA contract, a credibility-building government award that can provide non-dilutive funding, technical validation and potential follow-on work in defense-related quantum projects — a clear near-term credibility and revenue catalyst. IonQ wins DARPA deal as quantum investment race heats up
• Positive Sentiment: A successful quantum-classical freight pilot with Einride and partners demonstrated competitive scheduling results on real-world electric freight problems, highlighting potential commercial use-cases and customer traction for IonQ’s cloud-accessible systems. This helps the narrative that IonQ can convert tech into paying customers. IonQ’s Quantum Freight Pilot Adds Real World Context For Investors
• Neutral Sentiment: A new U.S. national quantum policy bill is advancing, shifting focus toward commercialization and deployment with funding clarity beginning 2026; this is industry-positive but may favor incumbents like IBM — implications for IonQ are longer-term and mixed. National Quantum Policy Bill Advances: IBM, IonQ, Cisco in Focus
• Neutral Sentiment: Analyst/comparison pieces (e.g., Motley Fool) are re-evaluating whether IonQ or peers are the better “dip” buy — such coverage can drive short-term trading but offers no definitive valuation pivot. Best Quantum Stock to Buy on the Dip: D-Wave Quantum (QBTS) or IonQ (IONQ)
• Negative Sentiment: Zacks warns that despite strong revenue growth and backlog, IonQ faces a high valuation, ongoing losses and macro pressure ahead of its May 6 Q1 report — these risks could trigger sell-side downward revisions if results or guidance disappoint. Should You Buy, Hold, or Sell IonQ Stock Before Q1 Earnings?
• Negative Sentiment: Bear commentary recirculated (summarized on Yahoo Finance) criticizing IonQ’s fundamentals and growth durability — such narratives can amplify volatility and pressure sentiment ahead of earnings. Is IonQ, Inc. (IONQ) A Good Stock To Buy Now?

IonQ Stock Performance

NYSE IONQ opened at $46.18 on Monday. The firm's fifty day moving average price is $35.35 and its two-hundred day moving average price is $43.95. The stock has a market cap of $16.93 billion, a PE ratio of -18.55 and a beta of 3.05. IonQ, Inc. has a fifty-two week low of $25.89 and a fifty-two week high of $84.64.

Insiders Place Their Bets

In other IonQ news, insider Robert T. Cardillo sold 5,165 shares of the business's stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $39.44, for a total transaction of $203,707.60. Following the sale, the insider owned 112,291 shares of the company's stock, valued at approximately $4,428,757.04. The trade was a 4.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider John W. Raymond sold 2,800 shares of the business's stock in a transaction on Thursday, March 12th. The stock was 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. The trade was a 3.23% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 8,581 shares of company stock valued at $316,156. 5.20% of the stock is currently owned by insiders.

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.

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