Abel Hall LLC Invests $28,000 in Quantum-Si incorporated (NASDAQ:QSI)

Abel Hall LLC acquired a new position in Quantum-Si incorporated (NASDAQ:QSI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,432 shares of the company’s stock, valued at approximately $28,000.

Several other institutional investors have also recently made changes to their positions in QSI. SG Americas Securities LLC lifted its position in Quantum-Si by 12.4% during the fourth quarter. SG Americas Securities LLC now owns 67,588 shares of the company’s stock valued at $182,000 after purchasing an additional 7,470 shares during the last quarter. Barclays PLC raised its position in shares of Quantum-Si by 210.5% during the 3rd quarter. Barclays PLC now owns 196,826 shares of the company’s stock valued at $173,000 after buying an additional 133,438 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Quantum-Si by 6.7% during the 3rd quarter. Geode Capital Management LLC now owns 2,316,921 shares of the company’s stock worth $2,044,000 after acquiring an additional 145,091 shares during the last quarter. XTX Topco Ltd raised its position in Quantum-Si by 81.3% during the third quarter. XTX Topco Ltd now owns 43,812 shares of the company’s stock valued at $39,000 after purchasing an additional 19,651 shares in the last quarter. Finally, Green Alpha Advisors LLC raised its position in Quantum-Si by 35.4% during the third quarter. Green Alpha Advisors LLC now owns 175,055 shares of the company’s stock valued at $154,000 after purchasing an additional 45,796 shares in the last quarter. Institutional investors own 39.90% of the company’s stock.

Insider Activity at Quantum-Si

In other Quantum-Si news, Director Jonathan M. Rothberg sold 3,506,267 shares of the firm’s stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $3.34, for a total value of $11,710,931.78. Following the completion of the sale, the director now directly owns 1,250,000 shares in the company, valued at $4,175,000. This trade represents a 73.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 30.04% of the stock is owned by company insiders.

Analyst Ratings Changes

QSI has been the subject of a number of research reports. HC Wainwright reiterated a “buy” rating and issued a $5.50 price objective on shares of Quantum-Si in a report on Tuesday, January 14th. Canaccord Genuity Group reduced their price objective on Quantum-Si from $1.50 to $1.00 and set a “hold” rating on the stock in a research note on Wednesday, November 13th.

Quantum-Si Trading Down 1.9 %

QSI stock opened at $2.04 on Thursday. The firm’s 50-day moving average price is $2.06 and its two-hundred day moving average price is $1.31. The stock has a market capitalization of $291.13 million, a price-to-earnings ratio of -3.19 and a beta of 2.74. Quantum-Si incorporated has a 12-month low of $0.61 and a 12-month high of $5.77.

About Quantum-Si

Quantum-Si incorporated, a life sciences company, engages in the development of single-molecule detection platform to enable Next Generation Protein Sequencing (NGPS). The company's platform is comprised of the Platinum NGPS instrument; the Platinum Analysis Software service; and reagent kits and semiconductor chips for use with its instruments.