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Potential Price Increase for QuantumScape Corp (QS) After Recent Insider Activity

QuantumScape Corp’s filing revealed that its CHIEF LEGAL OFFICER MCCARTHY MICHAEL O III unloaded Company’s shares for reported $0.4 million on Feb 21 ’25. In the deal valued at $5.23 per share,76,315 shares were sold. As a result of this transaction, MCCARTHY MICHAEL O III now holds 1,010,523 shares worth roughly $4.3 million.

Then, Prinz Fritz sold 12,908 shares, generating $67,437 in total proceeds. Upon selling the shares at $5.22, the Director now owns 228,287 shares.

Before that, Hettrich Kevin sold 53,975 shares. QuantumScape Corp shares valued at $282,133 were divested by the CHIEF FINANCIAL OFFICER at a price of $5.23 per share. As a result of the transaction, Hettrich Kevin now holds 930,800 shares, worth roughly $3.97 million.

HSBC Securities upgraded its QuantumScape Corp [QS] rating to a Hold from a a Reduce in a research note published recently. William Blair started covering the stock on December 18, 2023. It rated QS as “a Mkt perform”.

Price Performance Review of QS

On Monday, QuantumScape Corp [NYSE:QS] saw its stock fall -9.17% to $4.26. Over the last five days, the stock has lost -14.80%. QuantumScape Corp shares have fallen nearly -17.92% since the year began. Nevertheless, the stocks have fallen -31.62% over the past one year. While a 52-week high of $9.52 was reached on 01/07/25, a 52-week low of $4.58 was recorded on 03/03/25. SMA at 50 days reached $5.23, while 200 days put it at $5.57.

Levels Of Support And Resistance For QS Stock

The 24-hour chart illustrates a support level at 4.08, which if violated will result in even more drops to 3.91. On the upside, there is a resistance level at 4.60. A further resistance level may holdings at 4.95. The Relative Strength Index (RSI) on the 14-day chart is 31.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.27%. Stochastics %K at 8.33% indicates the stock is a buying.

The most recent change occurred on December 04, 2023 when HSBC Securities began covering the stock and recommended ‘”a Reduce”‘ rating along with a $4.70 price target.

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