IonQ (NYSE:IONQ) Insider Robert Cardillo Sells 3,773 Shares

Key Points

• Insider sale: IonQ insider Robert Cardillo sold 3,773 shares at an average price of $49.90, totaling about $188,273. After the sale, he still held 139,967 shares.
• Stock and ownership activity: IonQ shares were up 3.5% to $49.36 in Friday trading, and several hedge funds recently increased or initiated positions in the company. Institutional investors now own 41.42% of IonQ’s stock.
• Positive business momentum: IonQ reported record Q1 revenue of $64.7 million and raised its 2026 revenue outlook, while SkyWater Technology shareholders also approved a merger agreement with IonQ. Analysts remain mostly constructive, with a consensus rating of Moderate Buy.

IonQ, Inc. (NYSE:IONQ - Get Free Report) insider Robert Cardillo sold 3,773 shares of the firm's stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $49.90, for a total value of $188,272.70. Following the completion of the transaction, the insider owned 139,967 shares of the company's stock, valued at approximately $6,984,353.30. The trade was a 2.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

IonQ Trading Up 3.5%

IonQ stock traded up $1.68 during mid-day trading on Friday, hitting $49.36. The company had a trading volume of 25,823,435 shares, compared to its average volume of 38,656,712. The stock's 50 day moving average price is $36.42 and its two-hundred day moving average price is $43.57. IonQ, Inc. has a 12 month low of $25.89 and a 12 month high of $84.64. The company has a market capitalization of $18.10 billion, a PE ratio of -176.28 and a beta of 3.05.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. raised its stake in shares of IonQ by 50.6% in the first quarter. PNC Financial Services Group Inc. now owns 21,269 shares of the company's stock worth $613,000 after purchasing an additional 7,145 shares during the last quarter. MWA Asset Management purchased a new position in shares of IonQ in the first quarter worth $32,000. Hollencrest Capital Management raised its stake in shares of IonQ by 163.7% in the first quarter. Hollencrest Capital Management now owns 2,927 shares of the company's stock worth $84,000 after purchasing an additional 1,817 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of IonQ by 19.7% in the first quarter. Dimensional Fund Advisors LP now owns 930,320 shares of the company's stock worth $26,777,000 after purchasing an additional 152,953 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of IonQ by 59.2% in the first quarter. Parallel Advisors LLC now owns 4,338 shares of the company's stock worth $125,000 after purchasing an additional 1,613 shares during the last quarter. Hedge funds and other institutional investors own 41.42% of the company's stock.

Key Headlines Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ posted record Q1 revenue of $64.7 million, up sharply year over year, and lifted its 2026 revenue forecast, reinforcing the view that commercial demand for its quantum platform is accelerating. IonQ Announces First Quarter 2026 Financial Results
• Positive Sentiment: SkyWater Technology stockholders approved the merger agreement with IonQ, removing a key hurdle for the deal and potentially expanding IonQ’s semiconductor and manufacturing capabilities. SkyWater Technology Stockholders Approve Merger Agreement with IonQ
• Positive Sentiment: Analysts are still pointing to meaningful upside in the quantum-semiconductor space, with one Zacks piece arguing IonQ could gain alongside peers as investor interest in the theme heats up. Why ASX and IONQ May Gain 15%+ in the Quantum-Semiconductor Space

Analyst Ratings Changes

Several equities research analysts have commented on IONQ shares. Jefferies Financial Group set a $85.00 target price on IonQ in a report on Thursday. Weiss Ratings reissued a "sell (d-)" rating on shares of IonQ in a report on Tuesday, April 21st. Benchmark dropped their target price on IonQ from $75.00 to $65.00 and set a "buy" rating on the stock in a report on Thursday, February 26th. JPMorgan Chase & Co. boosted their target price on IonQ from $42.00 to $50.00 and gave the stock a "neutral" rating in a report on Thursday. Finally, Morgan Stanley set a $48.50 target price on IonQ in a report on Thursday. Ten research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, IonQ presently has an average rating of "Moderate Buy" and a consensus target price of $68.63.

IonQ Company 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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