DNB Asset Management AS Purchases 89,866 Shares of QuantumScape Corporation $QS

DNB Asset Management AS grew its holdings in QuantumScape Corporation (NYSE:QS) by 29.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 390,958 shares of the company’s stock after purchasing an additional 89,866 shares during the quarter. DNB Asset Management AS’s holdings in QuantumScape were worth $4,817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of the stock. AQR Capital Management LLC acquired a new position in shares of QuantumScape during the first quarter valued at about $321,000. NewEdge Advisors LLC grew its holdings in shares of QuantumScape by 50.4% during the first quarter. NewEdge Advisors LLC now owns 21,224 shares of the company’s stock valued at $88,000 after buying an additional 7,111 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of QuantumScape by 456.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,759,334 shares of the company’s stock worth $19,799,000 after acquiring an additional 3,904,168 shares in the last quarter. Wealthfront Advisers LLC increased its position in shares of QuantumScape by 12.9% during the second quarter. Wealthfront Advisers LLC now owns 21,844 shares of the company’s stock worth $147,000 after acquiring an additional 2,495 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its holdings in shares of QuantumScape by 7.4% in the 2nd quarter. Teacher Retirement System of Texas now owns 61,065 shares of the company’s stock worth $410,000 after acquiring an additional 4,227 shares during the last quarter. Institutional investors and hedge funds own 29.87% of the company’s stock.

Key QuantumScape News

Here are the key news stories impacting QuantumScape this week:

• Positive Sentiment: Eagle Line and Cobra are moving from lab to pilot production — the company is shifting the story from R&D milestones to manufacturing execution, which could materially re-rate the stock if the pilot line proves repeatable and yields improve. Eagle Line and Cobra Could Redefine QS Commercialization Timelines
• Positive Sentiment: Progress on the Cobra separator integration, shipments of QSE-5 B1 sample cells and an expanded collaboration/licensing path with Volkswagen PowerCo (potentially up to ~40 GWh) provide clearer commercialization routes and partner validation if vehicle-level testing and scale-up meet targets. How QS’s Cobra Process and VW Deal Have Changed Its Solid‑State Battery Investment Story
• Neutral Sentiment: Analyst coverage is mixed: some firms have nudged ratings to Hold (HSBC upgraded Reduce→Hold but lowered its PT), while consensus remains conservative — the sell-side has trimmed targets and many maintain Hold/Reduce views, leaving limited upside from analyst catalysts alone. What Wall Street Thinks About QuantumScape (QS)
• Negative Sentiment: Insider selling: CFO Kevin Hettrich sold 9,800 shares in late February, a small but visible reduction in insider ownership that can amplify short-term negative sentiment in a stock already sensitive to execution risk. SEC Filing: Insider Sale by Kevin Hettrich
• Negative Sentiment: Despite technological progress and cost discipline, recent financials still show ongoing losses and the market has punished momentum (notable short-term share declines). That combination keeps QS subject to downside until pilot-line metrics, yields and unit economics are demonstrably improving. QuantumScape (QS) Valuation After Reduced Losses

Insider Buying and Selling

In other QuantumScape news, CTO Timothy Holme sold 166,440 shares of QuantumScape stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $12.69, for a total value of $2,112,123.60. Following the sale, the chief technology officer owned 1,251,383 shares of the company’s stock, valued at approximately $15,880,050.27. The trade was a 11.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jeffrey B. Straubel sold 157,171 shares of the stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $11.38, for a total transaction of $1,788,605.98. Following the transaction, the director directly owned 266,828 shares of the company’s stock, valued at $3,036,502.64. This represents a 37.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 4,156,603 shares of company stock valued at $45,958,623. 5.48% of the stock is owned by insiders.

Analyst Ratings Changes

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

QuantumScape Stock Performance

QS stock opened at $6.92 on Monday. The company has a quick ratio of 21.14, a current ratio of 21.14 and a debt-to-equity ratio of 0.02. The firm has a market cap of $4.16 billion, a PE ratio of -8.54 and a beta of 2.51. The business has a 50 day moving average of $9.49 and a 200-day moving average of $11.42. QuantumScape Corporation has a 12-month low of $3.40 and a 12-month high of $19.07.

QuantumScape (NYSE:QS) last posted its quarterly earnings data on Wednesday, February 11th. The company reported ($0.17) earnings per share 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 earned ($0.22) earnings per share. As a group, sell-side analysts expect that QuantumScape Corporation will post -0.82 earnings per share for the current year.

QuantumScape Company Profile

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.