Dudley Capital Management LLC Purchases Shares of 11,000 Quantum-Si incorporated (NASDAQ:QSI)

Dudley Capital Management LLC acquired a new position in Quantum-Si incorporated (NASDAQ:QSI) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,000 shares of the company’s stock, valued at approximately $30,000.

Several other institutional investors have also recently made changes to their positions in the business. Geode Capital Management LLC grew its position in shares of Quantum-Si by 6.7% during the third quarter. Geode Capital Management LLC now owns 2,316,921 shares of the company’s stock valued at $2,044,000 after purchasing an additional 145,091 shares in the last quarter. Barclays PLC raised its position in shares of Quantum-Si by 210.5% during the 3rd quarter. Barclays PLC now owns 196,826 shares of the company’s stock valued at $173,000 after buying an additional 133,438 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Quantum-Si by 32.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 308,021 shares of the company’s stock worth $832,000 after purchasing an additional 75,661 shares during the period. Bank of New York Mellon Corp increased its position in shares of Quantum-Si by 21.3% during the 4th quarter. Bank of New York Mellon Corp now owns 269,807 shares of the company’s stock valued at $728,000 after purchasing an additional 47,400 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in Quantum-Si during the fourth quarter worth $95,000. Hedge funds and other institutional investors own 39.90% of the company’s stock.

Wall Street Analysts Forecast Growth

QSI has been the subject of a number of recent analyst reports. National Bankshares set a $3.65 price target on shares of Quantum-Si in a research note on Wednesday, March 5th. Alliance Global Partners reiterated a “buy” rating on shares of Quantum-Si in a research report on Wednesday, March 5th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $5.50 price target on shares of Quantum-Si in a research note on Tuesday, January 14th.

Quantum-Si Stock Up 1.7 %

Quantum-Si stock opened at $1.48 on Tuesday. The firm has a market cap of $271.05 million, a P/E ratio of -2.31 and a beta of 2.75. Quantum-Si incorporated has a twelve month low of $0.61 and a twelve month high of $5.77. The business has a fifty day moving average of $1.78 and a two-hundred day moving average of $1.49.

Insider Transactions at Quantum-Si

In related news, Director Jonathan M. Rothberg sold 3,506,267 shares of Quantum-Si stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $3.34, for a total transaction of $11,710,931.78. Following the completion of the sale, the director now owns 1,250,000 shares of the company’s stock, valued at $4,175,000. The trade was a 73.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jeffrey Alan Hawkins sold 23,707 shares of the firm’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $1.39, for a total transaction of $32,952.73. Following the transaction, the chief executive officer now directly owns 2,646,716 shares of the company’s stock, valued at $3,678,935.24. This represents a 0.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,542,917 shares of company stock valued at $11,761,875 in the last 90 days. Insiders own 30.04% of the company’s stock.

Quantum-Si Profile

Quantum-Si incorporated, a life sciences company, engages in the development of single-molecule detection platform to enable Next Generation Protein Sequencing (NGPS). The company's platform is comprised of the Platinum NGPS instrument; the Platinum Analysis Software service; and reagent kits and semiconductor chips for use with its instruments.