D-Wave quantum CFO sells $1.8m in shares

D-Wave Quantum Inc. (NYSE: QBTS) Chief Financial Officer John M. Markovich sold 100,000 shares of common stock on August 12, 2025, at a price of $18.0, totaling $1,800,000. On the same day, Markovich also exercised options to acquire 100,000 shares at $0.92, for a total value of $92,000. The transaction comes as D-Wave, now valued at $6.2 billion, has seen its stock surge over 1,800% in the past year. According to InvestingPro, analysts maintain a strong buy rating on the quantum computing company, which boasts impressive gross profit margins of 82%.

Following these transactions, Markovich directly owns 1,558,753 shares of D-Wave Quantum Inc., which includes 812,837 shares of unvested restricted stock units. He also holds 120,826 shares of common stock, and stock options for 898,684 shares. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with 12 additional exclusive insights available to subscribers through the comprehensive Pro Research Report.

In other recent news, D-Wave Quantum Inc. reported its second-quarter earnings for fiscal year 2025, revealing a wider-than-expected loss per share. The company posted an earnings per share of -$0.08, missing the forecasted -$0.05. However, D-Wave’s revenue reached $3.1 million, surpassing expectations of $2.59 million. Additionally, D-Wave announced an 83% increase in bookings for its annealing quantum computing technology in the Asia Pacific region over the past 12 months. Benchmark reiterated its Buy rating on D-Wave, citing strong momentum in technology, customer growth, and financial performance. Piper Sandler raised its price target for the company from $13 to $22, maintaining an Overweight rating, noting the company’s earnings performance and the availability of its Advantage2 system. These developments reflect D-Wave’s expanding role in the quantum computing market.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.