IonQ Inc’s recent filing unveils that its Chief Revenue Officer Alameddine Rima unloaded Company’s shares for reported $0.63 million on Dec 11 ’24. In the deal valued at $29.73 per share,21,337 shares were sold. As a result of this transaction, Alameddine Rima now holds 571,321 shares worth roughly $21.54 million.
Then, Kramer Thomas G. sold 9,780 shares, generating $290,633 in total proceeds. Upon selling the shares at $29.72, the Chief Financial Officer now owns 926,114 shares.
Before that, Chapman Peter Hume sold 13,106 shares. IonQ Inc shares valued at $389,660 were divested by the President and CEO at a price of $29.73 per share. As a result of the transaction, Chapman Peter Hume now holds 414,363 shares, worth roughly $15.62 million.
DA Davidson initiated its IonQ Inc [IONQ] rating to a Buy in a research note published on December 19, 2024; the price target was $50. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who remained covering the stock and in mid August has reiterated a ‘”a Buy”‘ rating for it. Morgan Stanley began covering IONQ with “an Equal-weight” recommendation on April 26, 2023. Needham started covering the stock on June 08, 2022. It rated IONQ as “a Buy”.
Price Performance Review of IONQ
On Tuesday, IonQ Inc [NYSE:IONQ] saw its stock fall -8.21% to $37.70. Over the last five days, the stock has lost -9.94%. IonQ Inc shares have fallen nearly -9.74% since the year began. Nevertheless, the stocks have risen 245.87% over the past one year. While a 52-week high of $54.74 was reached on 01/07/25, a 52-week low of $6.22 was recorded on 01/08/25. SMA at 50 days reached $39.10, while 200 days put it at $17.71.
Levels Of Support And Resistance For IONQ Stock
The 24-hour chart illustrates a support level at 36.00, which if violated will result in even more drops to 34.31. On the upside, there is a resistance level at 40.94. A further resistance level may holdings at 44.19. The Relative Strength Index (RSI) on the 14-day chart is 46.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.94%. Stochastics %K at 42.20% indicates the stock is a holding.
How much short interest is there in IonQ Inc?
A steep rise in short interest was recorded in IonQ Inc stocks on 2025-01-31, dropping by -1.35 million shares to a total of 23.65 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 25.0 million shares. There was a decline of -5.71%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 22, 2021 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $28 price target.
