Insider Selling: Arqit Quantum (NASDAQ:ARQQ) CRO Sells 1,632 Shares of Stock

Key Points

• Insider sale: Arqit CRO Paul Feenan sold 1,632 shares on April 2 at an average price of $13.32 for $21,738, cutting his stake by 8.33% to 17,963 shares (≈$239,267).
• Share price context: ARQQ traded around $13.97, below its 50‑day ($16.26) and 200‑day ($27.38) moving averages, and sits between a 12‑month low of $11 and high of $62.
• Analyst and ownership backdrop: Institutional investors own about 16.6% of the stock; analyst coverage is mixed (one Buy, one Sell) with an average price target of $60.

Arqit Quantum Inc. (NASDAQ:ARQQ - Get Free Report) CRO Paul Feenan sold 1,632 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $13.32, for a total value of $21,738.24. Following the completion of the transaction, the executive directly owned 17,963 shares of the company's stock, valued at approximately $239,267.16. The trade was a 8.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Arqit Quantum Price Performance

ARQQ stock remained flat at $13.97 during trading on Friday. The company had a trading volume of 188,327 shares, compared to its average volume of 189,941. The firm's fifty day moving average is $16.26 and its two-hundred day moving average is $27.38. Arqit Quantum Inc. has a twelve month low of $11.00 and a twelve month high of $62.00.

Institutional Investors Weigh In On Arqit Quantum

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. National Bank of Canada FI bought a new position in Arqit Quantum in the 3rd quarter valued at $27,000. Veracity Capital LLC boosted its stake in Arqit Quantum by 11.0% in the third quarter. Veracity Capital LLC now owns 13,020 shares of the company's stock worth $505,000 after purchasing an additional 1,291 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Arqit Quantum by 11.1% during the third quarter. Envestnet Asset Management Inc. now owns 13,002 shares of the company's stock worth $504,000 after purchasing an additional 1,299 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of Arqit Quantum by 333.4% in the third quarter. Jones Financial Companies Lllp now owns 2,206 shares of the company's stock valued at $80,000 after buying an additional 1,697 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Arqit Quantum in the fourth quarter valued at $40,000. 16.60% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently commented on ARQQ. HC Wainwright restated a "buy" rating on shares of Arqit Quantum in a research note on Thursday, December 18th. Weiss Ratings reiterated a "sell (d)" rating on shares of Arqit Quantum in a research report on Wednesday, January 21st. Finally, Wall Street Zen downgraded shares of Arqit Quantum from a "hold" rating to a "sell" rating in a report on Saturday, January 17th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Arqit Quantum currently has an average rating of "Hold" and an average price target of $60.00.

About Arqit Quantum

Arqit Quantum Inc is a UK‐based cybersecurity company specializing in quantum-safe encryption solutions designed to protect sensitive data from current and emerging cyber threats. The company's core technology leverages principles of quantum physics to generate and distribute encryption keys in a way that remains impervious to attacks, including those enabled by future quantum computers. Arqit's platform is designed to integrate with existing IT infrastructures without requiring hardware upgrades, offering end‐to‐end data protection for enterprises, governments and critical infrastructure providers.

The company's flagship QuantumCloud platform uses a patented key distribution architecture to deliver symmetrical keys to endpoints across distributed networks.

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