WINTON GROUP Ltd Takes Position in D-Wave Quantum Inc. $QBTS

WINTON GROUP Ltd bought a new stake in shares of D-Wave Quantum Inc. (NASDAQ:QBTS) during the second quarter, Holdings Channel reports. The institutional investor bought 280,100 shares of the company’s stock, valued at approximately $6,720,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fiduciary Financial Advisors bought a new stake in D-Wave Quantum in the second quarter valued at $25,000. Root Financial Partners LLC boosted its position in shares of D-Wave Quantum by 388.0% during the 4th quarter. Root Financial Partners LLC now owns 976 shares of the company’s stock worth $26,000 after purchasing an additional 776 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of D-Wave Quantum by 545.5% in the 1st quarter. Parallel Advisors LLC now owns 1,788 shares of the company’s stock valued at $26,000 after buying an additional 1,511 shares during the period. Kemnay Advisory Services Inc. acquired a new stake in shares of D-Wave Quantum in the 4th quarter valued at about $28,000. Finally, PeakShares LLC bought a new stake in D-Wave Quantum in the 1st quarter valued at about $29,000. 42.47% of the stock is owned by institutional investors.

Insider Buying and Selling at D-Wave Quantum

In other news, VP Sophie C. Ames sold 3,070 shares of the company’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $16.95, for a total value of $52,036.50. Following the completion of the sale, the vice president owned 589,009 shares in the company, valued at $9,983,702.55. This represents a 0.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rohit Ghai sold 13,518 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $26.41, for a total transaction of $357,010.38. Following the completion of the sale, the director owned 23,617 shares of the company’s stock, valued at approximately $623,724.97. This represents a 36.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 263,731 shares of company stock worth $6,676,339. Corporate insiders own 1.30% of the company’s stock.

D-Wave Quantum News Roundup

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on QBTS shares. Zacks Research downgraded D-Wave Quantum from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 18th. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 target price on shares of D-Wave Quantum in a report on Tuesday, June 2nd. B. Riley Financial lifted their price target on shares of D-Wave Quantum from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Jefferies Financial Group set a $40.00 price target on shares of D-Wave Quantum in a research note on Friday, August 7th. Finally, Rosenblatt Securities restated a “buy” rating and set a $43.00 price objective on shares of D-Wave Quantum in a report on Friday, August 7th. Thirteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $36.27.

D-Wave Quantum Stock Performance

Shares of D-Wave Quantum stock opened at $17.12 on Thursday. The company has a market cap of $6.33 billion, a PE ratio of -24.11 and a beta of 2.15. D-Wave Quantum Inc. has a 52 week low of $12.75 and a 52 week high of $46.75. The business has a 50 day moving average price of $18.92 and a 200-day moving average price of $20.02. The company has a quick ratio of 20.42, a current ratio of 20.55 and a debt-to-equity ratio of 0.03.

D-Wave Quantum (NASDAQ:QBTS) last announced its earnings results on Thursday, August 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.02). The company had revenue of $3.08 million for the quarter, compared to analysts’ expectations of $4.03 million. D-Wave Quantum had a negative net margin of 2,001.59% and a negative return on equity of 26.67%. The firm’s quarterly revenue was down 0.6 on a year-over-year basis. During the same period in the previous year, the firm earned ($0.08) EPS. Equities analysts anticipate that D-Wave Quantum Inc. will post -0.46 earnings per share for the current fiscal 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.