QuantumScape Corp’s recent filing unveils 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 $0.93 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 fall -1.92% to $4.08. Over the last five days, the stock has lost -13.19%. QuantumScape Corp shares have fallen nearly -21.39% since the year began. Nevertheless, the stocks have fallen -35.14% over the past one year. While a 52-week high of $9.52 was reached on 01/07/25, a 52-week low of $4.03 was recorded on 04/01/25. SMA at 50 days reached $4.77, while 200 days put it at $5.43.
Levels Of Support And Resistance For QS Stock
The 24-hour chart illustrates a support level at 3.99, which if violated will result in even more drops to 3.89. On the upside, there is a resistance level at 4.22. A further resistance level may holdings at 4.35. The Relative Strength Index (RSI) on the 14-day chart is 35.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.06%. Stochastics %K at 18.90% indicates the stock is a buying.
How much short interest is there in QuantumScape Corp?
A steep rise in short interest was recorded in QuantumScape Corp stocks on 2025-03-14, dropping by -1.93 million shares to a total of 63.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 64.99 million shares. There was a decline of -3.05%, 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.
