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IonQ (NASDAQ:IONQ), the quantum computing company with a market capitalization of $12.04 billion, saw Chief Financial Officer Thomas G. Kramer sell 43,382 shares of common stock on July 8, 2025, for approximately $2.07 million. The sales occurred at prices ranging from $47.70 to $47.83, near the stock’s 52-week high of $54.74. InvestingPro analysis shows the stock has delivered an exceptional 472% return over the past year.
Following the transaction, Kramer directly owns 603,134 shares of IonQ. Additionally, Kramer indirectly owns 5 shares through a child. With analyst price targets ranging from $30 to $55, InvestingPro subscribers can access detailed insider trading patterns and 10 additional exclusive insights about IONQ’s financial health and market position.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 14, 2025. Despite strong liquidity with a current ratio of 13.17, the company is not yet profitable over the last twelve months, according to InvestingPro data.
In other recent news, IonQ, Inc. announced a significant $1 billion equity investment from Heights Capital Management, priced at $55.49 per share, which represents a 25% premium to its recent closing price. This transaction, facilitated by J.P. Morgan, includes common stock and warrants, bolstering IonQ’s balance sheet to approximately $1.68 billion in pro-forma cash. Additionally, IonQ has secured a contract to deliver a 100-qubit quantum system to South Korea’s KISTI, as part of the country’s national quantum computing initiative. This collaboration aims to establish South Korea’s first National Quantum Computing Center of Excellence. Benchmark has raised its price target for IonQ to $55 from $50, maintaining a Buy rating, citing the company’s leadership in quantum computing and its comprehensive business model. Furthermore, IonQ has launched a public offering of its securities through an agreement with J.P. Morgan Securities, including shares and warrants. The offering is expected to close soon, further supporting IonQ’s growth in quantum computing and networking technology.
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