Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. QuantumScape Corp shares valued at $30,960,969 were purchased by Jagdeep Singh on Mar 04 ’25. At $4.26 per share, Jagdeep Singh acquired 7,267,833 shares.
Also, MCCARTHY MICHAEL O III sold 76,315 shares, netting a total of over 399,219 in proceeds. Following the sale of shares at $5.23 each, the insider now holds 1,010,523 shares.
Before that, Prinz Fritz had sold 12,908 shares from its account. In a trade valued at $67,437, the Director traded QuantumScape Corp shares for $5.22 each. Upon closing the transaction, the insider’s holdings decreased to 12,908 shares, worth approximately $1.03 million.
As published in a research note from HSBC Securities on November 19, 2024, QuantumScape Corp [QS] has been rated up from a Reduce to a Hold and the price target has been revised to $5.30. Earlier on December 18, 2023, William Blair initiated its rating. Their recommendation was “a Mkt perform” for QS stock.
Analyzing QS Stock Performance
During the last five days, there has been a surge of approximately 1.57%. Over the course of the year, QuantumScape Corp shares have dropped approximately -12.91%. Shares of the company reached a 52-week high of $6.94 on 01/07/25 and a 52-week low of $4.05 on 03/04/25. A 50-day SMA is recorded $4.83, while a 200-day SMA reached $5.45.
Support And Resistance Levels for QuantumScape Corp (QS)
According to the 24-hour chart, there is a support level at 4.44, which, if violated, would cause prices to drop to 4.36. In the upper region, resistance lies at 4.64. The next price resistance is at 4.76. RSI (Relative Strength Index) is 46.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.16, which suggests the price will decrease in the coming days. Percent R is at 37.40%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
