Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. D-Wave Quantum Inc shares valued at $1,610,054 were sold by Nguyen Diane on May 23 ’25. At $18.77 per share, Nguyen Diane sold 85,762 shares. The insider’s holdings dropped to 590,323 shares worth approximately $10.52 million following the completion of this transaction.
Also, Biscay Roger sold 96,521 shares, netting a total of over 1,723,769 in proceeds. Following the sale of shares at $17.86 each, the insider now holds 106,626 shares.
Before that, Biscay Roger had sold 15,675 shares from its account. In a trade valued at $259,939, the Director traded D-Wave Quantum Inc shares for $16.58 each. Upon closing the transaction, the insider’s holdings decreased to 15,675 shares, worth approximately $3.62 million.
As published in their initiating research note from B. Riley Securities on July 25, 2024, D-Wave Quantum Inc [QBTS] has been a Buy and the price target has been revised to $3. Analysts at Needham started covering the stock with ‘”a Buy”‘ outlook in a report released in early April. As of October 19, 2022, Piper Sandler has initiated its “an Overweight” rating for QBTS. Earlier on August 30, 2022, ROTH Capital initiated its rating. Their recommendation was “a Buy” for QBTS stock.
Analyzing QBTS Stock Performance
During the last five days, there has been a surge of approximately 1.54%. Over the course of the year, D-Wave Quantum Inc shares have jumped approximately 112.14%. Shares of the company reached a 52-week high of $19.76 on 05/23/25 and a 52-week low of $3.74 on 01/13/25.
Support And Resistance Levels for D-Wave Quantum Inc (QBTS)
According to the 24-hour chart, there is a support level at 17.25, which, if violated, would cause prices to drop to 16.67. In the upper region, resistance lies at 18.30. The next price resistance is at 18.77. RSI (Relative Strength Index) is 70.35 on the 14-day chart, showing overbought technical sentiment.
