WINTON GROUP Ltd Makes New $6.72 Million Investment in D-Wave Quantum Inc. $QBTS

WINTON GROUP Ltd acquired a new position in shares of D-Wave Quantum Inc. (NASDAQ:QBTS - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 280,100 shares of the company's stock, valued at approximately $6,720,000. WINTON GROUP Ltd owned about 0.08% of D-Wave Quantum as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Baird Financial Group Inc. boosted its holdings in shares of D-Wave Quantum by 12.0% during the 1st quarter. Baird Financial Group Inc. now owns 12,135 shares of the company's stock valued at $92,000 after acquiring an additional 1,300 shares in the last quarter. Royal Bank of Canada raised its position in D-Wave Quantum by 59.8% in the first quarter. Royal Bank of Canada now owns 162,088 shares of the company's stock valued at $1,231,000 after purchasing an additional 60,668 shares during the last quarter. AQR Capital Management LLC raised its position in D-Wave Quantum by 201.0% in the first quarter. AQR Capital Management LLC now owns 200,765 shares of the company's stock valued at $1,526,000 after purchasing an additional 134,066 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of D-Wave Quantum by 93.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,572 shares of the company's stock valued at $825,000 after purchasing an additional 52,437 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of D-Wave Quantum by 125.7% during the first quarter. NewEdge Advisors LLC now owns 43,786 shares of the company's stock valued at $333,000 after purchasing an additional 24,382 shares in the last quarter. 42.47% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about D-Wave Quantum

Here are the key news stories impacting D-Wave Quantum this week:

• Positive Sentiment: D-Wave finalized an agreement with the U.S. Department of Commerce for up to $100 million under the CHIPS and Science Act. The funding and resulting federal minority stake should strengthen D-Wave’s cash runway and support domestic quantum-computing development. D-Wave Quantum Finalizes Up To $100 Mln U.S. Funding Agreement; Shares Rise
• Positive Sentiment: The company issued 7,095,721 shares to the U.S. government as part of the agreement. Although the issuance creates dilution, the transaction provides capital without relying solely on a conventional equity offering and signals strategic federal backing for D-Wave’s technology. D-Wave Issues 7.1M QBTS Shares to U.S. Government Under $100M CHIPS Deal
• Neutral Sentiment: Director John DiLullo sold 1,100 shares worth $19,800 under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by 5.16%, but the preset trading plan makes it a limited signal about management’s current outlook. John DiLullo Insider Trading
• Negative Sentiment: Quantum stocks broadly pulled back as expectations for another Federal Reserve rate move increased. Higher rates typically pressure speculative, high-beta companies such as D-Wave by reducing the value investors assign to distant future growth. Quantum Stocks Fall as Rate-Hike Odds Climb
• Negative Sentiment: Recent analysis continues to highlight D-Wave’s substantial losses, weak revenue conversion, and elevated valuation despite stronger bookings and adoption. These concerns remain significant because the company is not yet profitable and its latest reported revenue missed analyst expectations. Rising Risks Overshadow D-Wave Quantum Booking
• Negative Sentiment: A law firm is investigating potential claims on behalf of D-Wave investors, adding another layer of headline and litigation risk, although no wrongdoing has been established. Pomerantz Investor Alert

Insider Buying and Selling

In other D-Wave Quantum news, VP Sophie C. Ames sold 3,070 shares of the stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $16.95, for a total transaction of $52,036.50. Following the completion of the sale, the vice president directly owned 589,009 shares in the company, valued at approximately $9,983,702.55. This trade represents a 0.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John M. Markovich sold 200,000 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $25.71, for a total value of $5,142,000.00. Following the sale, the chief financial officer owned 1,142,820 shares of the company's stock, valued at approximately $29,381,902.20. The trade was a 14.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 263,731 shares of company stock valued at $6,676,339 over the last quarter. Insiders own 1.30% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Mizuho lifted their target price on shares of D-Wave Quantum from $29.00 to $35.00 and gave the stock an "outperform" rating in a research report on Monday, June 15th. Rosenblatt Securities reaffirmed a "buy" rating and set a $43.00 price target on shares of D-Wave Quantum in a research note on Friday, August 7th. Canaccord Genuity Group set a $35.00 price target on shares of D-Wave Quantum in a research note on Thursday, August 6th. Jefferies Financial Group set a $40.00 price target on shares of D-Wave Quantum in a report on Friday, August 7th. Finally, BMO Capital Markets began coverage on D-Wave Quantum in a report on Thursday, August 20th. They issued an "outperform" rating and a $35.00 price objective for the company. Thirteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $36.27.

D-Wave Quantum Stock Performance

NASDAQ:QBTS opened at $17.12 on Thursday. The company has a market capitalization of $6.33 billion, a PE ratio of -24.11 and a beta of 2.15. The company has a 50 day simple moving average of $18.92 and a two-hundred day simple moving average of $20.02. The company has a debt-to-equity ratio of 0.03, a quick ratio of 20.42 and a current ratio of 20.55. D-Wave Quantum Inc. has a fifty-two week low of $12.75 and a fifty-two week high of $46.75.

D-Wave Quantum (NASDAQ:QBTS - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.02). D-Wave Quantum had a negative return on equity of 26.67% and a negative net margin of 2,001.59%.The firm had revenue of $3.08 million during the quarter, compared to analyst estimates of $4.03 million. During the same quarter last year, the firm posted ($0.08) EPS. The firm's revenue for the quarter was down 0.6 on a year-over-year basis. Research analysts anticipate that D-Wave Quantum Inc. will post -0.46 earnings per share for the current year.

D-Wave Quantum Company Profile

D-Wave Quantum Inc NYSE: QBTS develops and provides quantum computing systems, software and services focused on quantum annealing technology. Headquartered in Burnaby, British Columbia, D-Wave designs specialized processors that leverage quantum mechanics to solve complex optimization and sampling problems. Since its founding in 1999 by physicists including Geordie Rose, the company has pursued the development of commercially viable quantum hardware and accompanying software tools.

The company’s product portfolio centers on its quantum annealers, which are complemented by hybrid solvers that integrate classical and quantum computing resources.

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