QuantumScape Corp’s recently made public that its Former Director Jagdeep Singh acquired Company’s shares for reported $30.96 million on Mar 04 ’25. In the deal valued at $4.26 per share,7,267,833 shares were bought.
Then, MCCARTHY MICHAEL O III sold 76,315 shares, generating $399,219 in total proceeds. Upon selling the shares at $5.23, the CHIEF LEGAL OFFICER now owns 1,010,523 shares.
Before that, Prinz Fritz sold 12,908 shares. QuantumScape Corp shares valued at $67,437 were divested by the Director at a price of $5.22 per share. As a result of the transaction, Prinz Fritz now holds 228,287 shares, worth roughly $1.07 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 Tuesday, QuantumScape Corp [NYSE:QS] saw its stock jump 0.86% to $4.70. Over the last five days, the stock has gained 7.55%. QuantumScape Corp shares have fallen nearly -9.44% since the year began. Nevertheless, the stocks have fallen -19.93% over the past one year. While a 52-week high of $9.52 was reached on 01/07/25, a 52-week low of $4.05 was recorded on 03/04/25. SMA at 50 days reached $4.87, while 200 days put it at $5.46.
Levels Of Support And Resistance For QS Stock
The 24-hour chart illustrates a support level at 4.62, which if violated will result in even more drops to 4.53. On the upside, there is a resistance level at 4.77. A further resistance level may holdings at 4.83. The Relative Strength Index (RSI) on the 14-day chart is 52.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.13%. Stochastics %K at 88.70% indicates the stock is a selling.
How much short interest is there in QuantumScape Corp?
A steep rise in short interest was recorded in QuantumScape Corp stocks on 2025-02-28, dropping by -2.3 million shares to a total of 63.38 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 65.68 million shares. There was a decline of -3.63%, which implies that there is a negative sentiment for the stock.
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.
