Quantum-Si incorporated (NASDAQ:QSI) Shares Acquired by XTX Topco Ltd

XTX Topco Ltd lifted its position in Quantum-Si incorporated (NASDAQ:QSI) by 81.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,812 shares of the company’s stock after purchasing an additional 19,651 shares during the quarter. XTX Topco Ltd’s holdings in Quantum-Si were worth $39,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in QSI. SG Americas Securities LLC acquired a new position in Quantum-Si in the third quarter valued at $53,000. Green Alpha Advisors LLC grew its holdings in shares of Quantum-Si by 35.4% during the third quarter. Green Alpha Advisors LLC now owns 175,055 shares of the company’s stock worth $154,000 after buying an additional 45,796 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Quantum-Si by 3.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 322,460 shares of the company’s stock valued at $339,000 after acquiring an additional 10,811 shares during the period. Hedge funds and other institutional investors own 39.90% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on QSI shares. Canaccord Genuity Group decreased their price objective on Quantum-Si from $1.50 to $1.00 and set a “hold” rating for the company in a research report on Wednesday, November 13th. HC Wainwright increased their price target on Quantum-Si from $4.00 to $5.50 and gave the stock a “buy” rating in a report on Thursday, November 21st.

Quantum-Si Stock Up 0.8 %

Shares of Quantum-Si stock opened at $1.30 on Monday. The firm has a market cap of $185.53 million, a price-to-earnings ratio of -2.03 and a beta of 3.20. Quantum-Si incorporated has a 52-week low of $0.61 and a 52-week high of $2.58. The company’s 50-day simple moving average is $1.09 and its 200-day simple moving average is $1.04.

Quantum-Si Profile

Quantum-Si incorporated, a life sciences company, engages in the development of single-molecule detection platform to enable Next Generation Protein Sequencing (NGPS). The company's platform is comprised of the Platinum NGPS instrument; the Platinum Analysis Software service; and reagent kits and semiconductor chips for use with its instruments.