Hyperscale Data shifts to bitcoin-only treasury strategy
Director Javad Shabani of Quantum Computing Inc. (NASDAQ:QUBT) recently sold 37,474 shares of common stock for approximately $572,653, in a series of transactions. The stock, currently trading at $15.24, has shown remarkable performance with a 2,483% return over the past year. According to InvestingPro analysis, the company, valued at $2.4 billion, appears overvalued at current levels.
According to a Form 4 filing with the Securities and Exchange Commission, Shabani sold 20,000 shares on September 5, 2025, at a price of $15.30 per share. On September 8, 2025, the director then sold the remaining 17,474 shares at $15.26 per share. Analyst targets for QUBT range from $15 to $22, suggesting potential upside from current levels. InvestingPro subscribers can access detailed insider trading patterns and 12 additional ProTips about QUBT’s financial health and market position.
On August 18, 2025, Shabani also acquired 37,474 shares of Common Stock. These shares were acquired by exercising stock options to purchase 40,000 shares of the company’s common stock at a cashless exercise price of $15.84. The stock has demonstrated significant volatility, with the price ranging from $0.58 to $27.15 over the past 52 weeks.
In other recent news, Quantum Computing Inc. announced its Q2 2025 earnings, which showed a significant shortfall in both earnings and revenue. The company reported an earnings per share (EPS) of -$0.26, which was considerably below the expected -$0.06. Additionally, Quantum Computing’s revenue came in at $61,000, missing the anticipated $100,000 mark. These developments have drawn attention from investors and analysts alike. There were no updates regarding any mergers or acquisitions involving Quantum Computing. Analyst firms are closely monitoring the situation, but no upgrades or downgrades have been reported at this time. These recent developments underscore the challenges faced by Quantum Computing in meeting market expectations.
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