Quantum-Si Incorporated’s recently made public that its Director ROTHBERG JONATHAN M unloaded Company’s shares for reported $11.72 million on Dec 27 ’24. In the deal valued at $3.34 per share,3,506,267 shares were sold. As a result of this transaction, ROTHBERG JONATHAN M now holds 1,250,000 shares worth roughly $5.12 million.
Then, ROTHBERG JONATHAN M bought 3,506,267 shares, generating $11,716,541 in total proceeds.
Before that, Vieceli John S. sold 4,306 shares. Quantum-Si Incorporated shares valued at $5,570 were divested by the Chief Product Officer at a price of $1.29 per share. As a result of the transaction, Vieceli John S. now holds 160,493 shares, worth roughly $0.66 million.
H.C. Wainwright initiated its Quantum-Si Incorporated [QSI] rating to a Buy in a research note published on December 08, 2023; the price target was $3. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who decreased its forecast for the stock in late September from “a Buy” to “a Hold”. Canaccord Genuity began covering QSI with “Buy” recommendation on October 20, 2021.
Price Performance Review of QSI
On Monday, Quantum-Si Incorporated [NASDAQ:QSI] saw its stock fall -4.43% to $4.10. Over the last five days, the stock has gained 13.89%. Quantum-Si Incorporated shares have risen nearly 51.85% since the year began. Nevertheless, the stocks have risen 118.09% over the past one year. While a 52-week high of $5.77 was reached on 01/03/25, a 52-week low of $0.61 was recorded on 01/02/25. SMA at 50 days reached $1.47, while 200 days put it at $1.31.
Levels Of Support And Resistance For QSI Stock
The 24-hour chart illustrates a support level at 3.73, which if violated will result in even more drops to 3.36. On the upside, there is a resistance level at 4.55. A further resistance level may holdings at 5.00. The Relative Strength Index (RSI) on the 14-day chart is 70.75, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.80, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 36.31%. Stochastics %K at 75.35% indicates the stock is a holding.
How much short interest is there in Quantum-Si Incorporated?
A steep rise in short interest was recorded in Quantum-Si Incorporated stocks on 2024-12-13, growing by 6.13 million shares to a total of 11.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 5.14 million shares. There was a rise of 54.37%, which implies that there is a positive sentiment for the stock.
