Kornitzer Capital Management Inc. KS acquired a new stake in IonQ, Inc. (NYSE:IONQ – Free Report) during the third quarter, HoldingsChannel reports. The fund acquired 68,535 shares of the company’s stock, valued at approximately $4,215,000.
Several other institutional investors and hedge funds also recently made changes to their positions in IONQ. Archer Investment Corp boosted its position in shares of IonQ by 119.3% in the 2nd quarter. Archer Investment Corp now owns 592 shares of the company’s stock worth $25,000 after purchasing an additional 322 shares during the last quarter. Stone House Investment Management LLC increased its holdings in IonQ by 700.0% in the third quarter. Stone House Investment Management LLC now owns 400 shares of the company’s stock valued at $25,000 after purchasing an additional 350 shares during the last quarter. Hilltop National Bank lifted its stake in IonQ by 112.5% in the third quarter. Hilltop National Bank now owns 425 shares of the company’s stock valued at $26,000 after buying an additional 225 shares during the period. Financial Consulate Inc. acquired a new position in IonQ in the third quarter valued at about $29,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in IonQ by 50.5% during the second quarter. EverSource Wealth Advisors LLC now owns 831 shares of the company’s stock worth $36,000 after buying an additional 279 shares during the last quarter. Institutional investors own 41.42% of the company’s stock.
Insider Buying and Selling
In other IonQ news, CRO Rima Alameddine sold 100,000 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $46.89, for a total transaction of $4,689,000.00. Following the completion of the transaction, the executive owned 432,616 shares of the company’s stock, valued at $20,285,364.24. This represents a 18.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kathryn K. Chou sold 20,000 shares of IonQ stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $51.40, for a total transaction of $1,028,000.00. Following the completion of the sale, the director owned 60,839 shares in the company, valued at $3,127,124.60. This trade represents a 24.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 125,000 shares of company stock worth $5,992,000. 5.20% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on IONQ
IonQ Stock Up 5.0%
Shares of NYSE:IONQ opened at $45.54 on Wednesday. The firm has a market cap of $15.82 billion, a price-to-earnings ratio of -8.51 and a beta of 2.63. IonQ, Inc. has a 12 month low of $17.88 and a 12 month high of $84.64. The company’s fifty day simple moving average is $48.58 and its 200 day simple moving average is $51.48.
IonQ (NYSE:IONQ – Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported ($3.58) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.44) by ($3.14). IonQ had a negative return on equity of 127.06% and a negative net margin of 1,836.32%.The company had revenue of $39.87 million during the quarter, compared to analyst estimates of $26.99 million. During the same period in the previous year, the company posted ($0.24) earnings per share. IonQ’s revenue for the quarter was up 221.5% on a year-over-year basis. Research analysts expect that IonQ, Inc. will post -0.86 earnings per share for the current fiscal year.
More IonQ News
Here are the key news stories impacting IonQ this week:
- Positive Sentiment: IonQ agreed to acquire SkyWater Technology for about $1.8B to bring semiconductor manufacturing in-house, a strategic move to accelerate next‑gen quantum processor development and vertical integration that could improve margins and control over supply chain. Read More.
- Positive Sentiment: Analyst reaffirmations and bullish price targets: Rosenblatt reissued a “buy” with a $100 target and Needham kept a “buy” with an $80 target — both imply substantial upside and help validate the strategic rationale behind the SkyWater deal. Read More. Read More.
- Positive Sentiment: Market reaction and coverage: several outlets reported a post‑deal share pop and framed the SkyWater buy as transformative (foundry ownership compared to “the Nvidia of quantum”), supporting momentum in the shares. Read More.
- Neutral Sentiment: Analyst commentary and industry context pieces review IonQ’s 2026 thesis (scaling hardware, full‑stack platform) and compare peers — useful for judging long‑term competitive positioning but not an immediate catalyst. Read More.
- Neutral Sentiment: Supplemental investor materials (M&A call transcript/slideshow) were published, offering more detail on deal terms and integration plans — important for due diligence but not new news. Read More.
- Negative Sentiment: A law firm announced an investigation into the SkyWater sale, questioning whether SkyWater’s board got fair value — this could lead to litigation or delays that increase deal costs or uncertainty. Read More.
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.
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