D-Wave Quantum Inc’s filing revealed that its General Counsel Nguyen Diane unloaded Company’s shares for reported $1.61 million on May 23 ’25. In the deal valued at $18.77 per share,85,762 shares were sold. As a result of this transaction, Nguyen Diane now holds 590,323 shares worth roughly $9.64 million.
Then, Biscay Roger sold 96,521 shares, generating $1,723,769 in total proceeds. Upon selling the shares at $17.86, the Director now owns 106,626 shares.
Before that, Biscay Roger sold 15,675 shares. D-Wave Quantum Inc shares valued at $259,939 were divested by the Director at a price of $16.58 per share. As a result of the transaction, Biscay Roger now holds 203,147 shares, worth roughly $3.32 million.
B. Riley Securities initiated its D-Wave Quantum Inc [QBTS] rating to a Buy in a research note published on July 25, 2024; the price target was $3. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. Piper Sandler began covering QBTS with “an Overweight” recommendation on October 19, 2022. ROTH Capital started covering the stock on August 30, 2022. It rated QBTS as “a Buy”.
Price Performance Review of QBTS
On Friday, D-Wave Quantum Inc [NYSE:QBTS] saw its stock jump 0.37% to $16.33. Over the last five days, the stock has lost -14.23%. D-Wave Quantum Inc shares have risen nearly 94.40% since the year began. Nevertheless, the stocks have risen 1066.43% over the past one year. While a 52-week high of $19.76 was reached on 05/23/25, a 52-week low of $0.75 was recorded on 01/13/25. SMA at 50 days reached $9.51, while 200 days put it at $5.18.
Levels Of Support And Resistance For QBTS Stock
The 24-hour chart illustrates a support level at 15.72, which if violated will result in even more drops to 15.10. On the upside, there is a resistance level at 16.70. A further resistance level may holdings at 17.06. The Relative Strength Index (RSI) on the 14-day chart is 66.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.97, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 36.52%. Stochastics %K at 69.97% indicates the stock is a holding.
