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

QuantumScape Corporation (NYSE:QS) insider Michael Mccarthy III sold 30,000 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $6.90, for a total transaction of $207,000.00. Following the completion of the transaction, the insider owned 999,219 shares of the company’s stock, valued at $6,894,611.10. This trade represents a 2.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

QuantumScape Stock Down 3.3%

QS traded down $0.23 during trading hours on Friday, reaching $6.69. 11,779,667 shares of the stock traded hands, compared to its average volume of 15,293,635. QuantumScape Corporation has a fifty-two week low of $3.40 and a fifty-two week high of $19.07. The company has a market cap of $4.02 billion, a price-to-earnings ratio of -8.26 and a beta of 2.51. The company has a debt-to-equity ratio of 0.02, a current ratio of 21.14 and a quick ratio of 21.14. The firm’s fifty day simple moving average is $9.05 and its two-hundred day simple moving average is $11.31.

QuantumScape (NYSE:QS) last issued its quarterly earnings data on Wednesday, February 11th. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.01). The company’s quarterly revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.22) EPS. As a group, analysts forecast that QuantumScape Corporation will post -0.82 earnings per share for the current fiscal year.

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

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. 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. Robert W. Baird set a $12.00 target price on QuantumScape in a research report on Thursday, February 12th. 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 note on Wednesday, February 18th. Morgan Stanley decreased their price target on shares of QuantumScape from $12.00 to $8.50 and set an “equal weight” rating for the company in a research report on Wednesday, February 18th. Finally, TD Cowen reaffirmed a “hold” rating on shares of QuantumScape in a report on Wednesday, February 18th. Six investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $8.98.

Hedge Funds Weigh In On QuantumScape

A number of hedge funds have recently bought and sold shares of QS. AQR Capital Management LLC acquired a new stake in QuantumScape during the first quarter valued at approximately $321,000. NewEdge Advisors LLC lifted its holdings in QuantumScape by 50.4% during the 1st quarter. NewEdge Advisors LLC now owns 21,224 shares of the company’s stock worth $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 grew its position in shares of QuantumScape by 456.5% in the 1st 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. Teacher Retirement System of Texas increased 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 valued at $410,000 after acquiring an additional 4,227 shares during the last quarter. Finally, Arkadios Wealth Advisors bought a new stake in shares of QuantumScape in the 2nd quarter valued at approximately $87,000. 29.87% of the stock is currently owned by institutional investors and hedge funds.

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.