SBI Securities Co. Ltd. Grows Stake in IonQ, Inc. $IONQ

Key Points

• SBI Securities increased its stake in IonQ by 30.8% in Q4 to 229,766 shares (about $10.31M), representing roughly 0.07% of the company; several other institutions (RBC, UBS, AQR, Amundi) also added positions and institutional investors now own ~41.4% of the stock.
• Insider activity was mixed: director William J. Teuber Jr. bought 3,000 shares (a 46.8% increase in his holding) while insider Robert T. Cardillo sold 5,165 shares; insiders currently own about 5.2% of IonQ and have sold 8,581 shares worth $316,156 in the last 90 days.
• Operationally IonQ launched a commercial InSAR service and signed an MSA to help build a quantum‑safe network, supporting revenue diversification, but the stock trades with a negative P/E and high beta (3.05); analysts' consensus is a "Moderate Buy" with a $68.25 target and upcoming Q1 results (May 6) could drive near‑term volatility.

SBI Securities Co. Ltd. grew its position in IonQ, Inc. (NYSE:IONQ - Free Report) by 30.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 229,766 shares of the company's stock after purchasing an additional 54,151 shares during the quarter. SBI Securities Co. Ltd. owned about 0.07% of IonQ worth $10,310,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IONQ. Royal Bank of Canada grew its holdings in IonQ by 12.5% in the first quarter. Royal Bank of Canada now owns 134,176 shares of the company's stock worth $2,962,000 after purchasing an additional 14,898 shares during the last quarter. Amundi purchased a new position in IonQ in the first quarter worth $630,000. AQR Capital Management LLC grew its holdings in IonQ by 106.2% in the first quarter. AQR Capital Management LLC now owns 57,305 shares of the company's stock worth $1,265,000 after purchasing an additional 29,513 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in IonQ by 24.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 450,031 shares of the company's stock worth $9,932,000 after purchasing an additional 87,428 shares during the last quarter. Finally, Focus Partners Wealth lifted its stake in shares of IonQ by 30.3% during the first quarter. Focus Partners Wealth now owns 46,782 shares of the company's stock worth $1,032,000 after buying an additional 10,881 shares during the period. 41.42% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director William J. Teuber, Jr. purchased 3,000 shares of IonQ stock in a transaction that occurred on Friday, February 27th. The stock was purchased at an average price of $38.38 per share, for a total transaction of $115,140.00. Following the transaction, the director directly owned 9,413 shares in the company, valued at approximately $361,270.94. This trade represents a 46.78% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Robert T. Cardillo sold 5,165 shares of the company's stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $39.44, for a total transaction of $203,707.60. Following the transaction, the insider owned 112,291 shares of the company's stock, valued at approximately $4,428,757.04. This trade represents a 4.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 8,581 shares of company stock worth $316,156 in the last 90 days. Insiders own 5.20% of the company's stock.

IonQ Stock Performance

Shares of IonQ stock opened at $48.05 on Wednesday. The firm has a 50-day simple moving average of $35.67 and a two-hundred day simple moving average of $43.77. The company has a market cap of $17.62 billion, a P/E ratio of -19.30 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.

More IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ launched a commercial InSAR (Interferometric Synthetic Aperture Radar) service for millimeter-scale earth monitoring — a new revenue stream from its space missions business that helps diversify away from pure quantum services. IonQ Launches Commercial InSAR Capability
• Positive Sentiment: IonQ signed a Master Service Agreement with Florida LambdaRail to help build a quantum‑safe network in Florida — a strategic infrastructure win that supports recurring contract revenue potential. IonQ Signs MSA With Florida LambdaRail
• Positive Sentiment: Sell‑side support remains upbeat: Wedbush reaffirmed an Outperform rating with a $60 target and Morgan Stanley raised its target to $47 (though it kept an Equal Weight). Analyst backing helps underpin the rally into earnings. Wedbush Reaffirms Outperform
• Neutral Sentiment: IonQ reports Q1 results after the close on May 6 — multiple previews note high expectations (revenue momentum, contract wins, and the company’s recent acquisitions). That makes the print a near-term volatility event. IonQ Reports Q1: Everything You Need To Know Ahead Of Earnings
• Neutral Sentiment: Coverage and bullish retail/investor pieces (e.g., 247WallStreet) highlight an acquisition spree and contract wins — positive narrative but also fuels expectations that earnings must validate. Hold On Tight! IonQ Is About to Rocket Higher
• Negative Sentiment: Valuation and execution risk: IonQ trades with a negative P/E, high beta and a recent sharp run-up — heavy volume increases downside risk if Q1 misses expectations or guidance is weak. Investors should expect earnings-driven volatility and watch revenue recognition from acquisitions and government/space contracts.

Wall Street Analyst Weigh In

IONQ has been the subject of several research reports. Needham & Company LLC lowered their price objective on shares of IonQ from $80.00 to $65.00 and set a "buy" rating for the company in a research note on Thursday, February 26th. Northland Securities initiated coverage on shares of IonQ in a research note on Monday, April 20th. They set an "outperform" rating and a $55.00 price objective for the company. Weiss Ratings reiterated a "sell (d-)" rating on shares of IonQ in a research note on Tuesday, April 21st. Morgan Stanley set a $37.00 price objective on shares of IonQ in a research note on Thursday, February 26th. Finally, Benchmark lowered their price objective 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. Ten equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $68.25.

About IonQ

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.

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.