Michael Mccarthy III Sells 30,000 Shares of QuantumScape (NYSE:QS) Stock

QuantumScape Corporation (NYSE:QS) insider Michael Mccarthy III sold 30,000 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $6.90, for a total value of $207,000.00. Following the transaction, the insider directly owned 999,219 shares in the company, valued at $6,894,611.10. This trade represents a 2.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

QuantumScape Stock Down 3.3%

Shares of QS opened at $6.69 on Friday. QuantumScape Corporation has a 52-week low of $3.40 and a 52-week high of $19.07. The company has a market capitalization of $4.02 billion, a PE ratio of -8.26 and a beta of 2.51. The stock has a fifty day simple moving average of $9.05 and a two-hundred day simple moving average of $11.33. The company has a quick ratio of 21.14, a current ratio of 21.14 and a debt-to-equity ratio of 0.02.

QuantumScape (NYSE:QS) last posted its quarterly earnings results on Wednesday, February 11th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.01). The company’s quarterly revenue was up .0% on a year-over-year basis. During the same period last year, the firm posted ($0.22) earnings per share. As a group, equities analysts forecast that QuantumScape Corporation will post -0.82 EPS for the current year.

Institutional Investors Weigh In On QuantumScape

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in QuantumScape by 1.2% during the third quarter. Vanguard Group Inc. now owns 36,635,232 shares of the company’s stock worth $451,346,000 after purchasing an additional 422,378 shares during the period. Thames Capital Management LLC purchased a new position in shares of QuantumScape in the second quarter valued at approximately $2,792,000. State of New Jersey Common Pension Fund D purchased a new position in shares of QuantumScape in the third quarter valued at approximately $3,330,000. Norges Bank acquired a new position in shares of QuantumScape in the second quarter valued at approximately $2,272,000. Finally, Arthedge Capital Management LLC increased its stake in QuantumScape by 17.3% during the 2nd quarter. Arthedge Capital Management LLC now owns 848,000 shares of the company’s stock worth $5,699,000 after buying an additional 125,000 shares during the period. 29.87% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on QS. Robert W. Baird set a $12.00 target price on shares of QuantumScape in a report on Thursday, February 12th. Morgan Stanley reduced their price target on shares of QuantumScape from $12.00 to $8.50 and set an “equal weight” rating on the stock in a research report on Wednesday, February 18th. Evercore reiterated an “in-line” rating and issued a $12.00 price objective (up from $8.00) on shares of QuantumScape in a research report on Monday, November 24th. TD Cowen reissued a “hold” rating on shares of QuantumScape in a research note on Wednesday, February 18th. Finally, HSBC upgraded QuantumScape from a “reduce” rating to a “hold” rating and reduced their target price for the company from $10.50 to $8.30 in a research report on Wednesday, February 18th. Six analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $8.98.

Trending Headlines about QuantumScape

Here are the key news stories impacting QuantumScape this week:

• Positive Sentiment: Board hire may expand commercialization and defense pathways — QuantumScape appointed Ross Niebergall, a longtime defense R&D and commercialization executive, to its board. This could help open defense-related programs or partnerships and adds experienced technical leadership. Business Wire Article
• Neutral Sentiment: Analyst and media commentary highlights ongoing execution and macro risks — recent pieces from Forbes and The Motley Fool review longer-term outlook and stress that the company still faces technology scale-up, funding, and EV-market timing risks; these are background narrative items that inform investor expectations but don’t change fundamentals immediately. Forbes Article
• Negative Sentiment: Large insider sales by senior executives — CTO Timothy Holme disclosed sales totaling roughly 161k shares across filings (multiple trades at about $6.86), reducing his position by ~10.3%; another senior insider, Michael McCarthy III, sold ~75k shares across two trades (~$6.73–$6.90), trimming his stake by ~2.9–4.5%. Significant insider selling often spooks investors about near-term insider confidence. CTO Sale SEC Filing Insider Sale SEC Filing
• Negative Sentiment: Brokerage consensus weak — analysts’ average recommendation compiled in recent coverage is “Reduce,” which can pressure sentiment and reduce buyer interest until the company posts stronger execution or clearer funding/volume signals. Brokerage Consensus

About QuantumScape

QuantumScape Corporation is a development-stage company specializing in the research and commercialization of next-generation solid-state lithium-metal batteries for electric vehicles. The company’s core technology replaces the traditional liquid electrolyte with a solid ceramic separator, aiming to deliver higher energy density, faster charging times and enhanced safety compared to conventional lithium-ion cells. QuantumScape’s product roadmap focuses on enabling electric vehicle manufacturers to extend driving range and reduce charging downtime, addressing key barriers to widespread EV adoption.

Founded in 2010 and headquartered in San Jose, California, QuantumScape has attracted significant strategic investment and formed partnerships with leading automotive OEMs.