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d-wave quantum (nasdaq:qbts) executive vice president, chief legal officer & general counsel diane nguyen, sold 20,827 shares of common stock on october 14, 2025, for approximately $911,043.
The shares were sold at a weighted average price of $43.7434, with individual sales prices ranging from $43.65 to $44.06. This sale was to cover statutory tax withholding obligations related to the vesting of restricted stock units. Following the transaction, nguyen directly owns 588,845 shares of d-wave quantum, including 230,863 unvested restricted stock units. The $15.1B market cap company maintains impressive gross profit margins of 82.5%. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with 18 additional key insights available to subscribers.
In other recent news, D-Wave Quantum Inc. reported an 83% increase in bookings for its annealing quantum computing technology in the Asia Pacific region over the past 12 months. This growth comes as the company prepares to host its first Qubits Japan 2025 user conference in Tokyo, focusing on practical applications of quantum technology. Additionally, D-Wave announced a significant agreement with Swiss Quantum Technology SA to deploy an Advantage2 annealing quantum computer in Europe, valued at €10 million, to support Italy’s quantum computing infrastructure.
In another development, a project with North Wales Police demonstrated the practical benefits of D-Wave’s hybrid-quantum computing, cutting emergency response times by nearly 50%. Analyst firm Benchmark reiterated its Buy rating for D-Wave, highlighting strong momentum in technology, customer acquisition, and financial performance. Piper Sandler also raised its price target for D-Wave from $13 to $22, citing slightly better-than-expected earnings for the June quarter and the growing traction of the Advantage2 system. These developments underscore the company’s expanding influence in the quantum computing sector.
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