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Quantum Computing Inc. (NASDAQ:QUBT), currently valued at $3.04 billion, Chief Financial Officer Christopher Boehmler recently executed a significant stock transaction, according to a filing with the Securities and Exchange Commission. On June 12, Boehmler sold 46,440 shares of the company’s common stock at a price of $20.00 per share, totaling $928,800. The stock, which InvestingPro data shows has delivered a remarkable 40% return in the past week alone, currently trades at $21.22.
The filing also detailed a series of acquisitions made by Boehmler on June 13 through the exercise of stock options. He exercised options to acquire 403,236 shares, resulting in a net acquisition of 351,152 shares of common stock. These acquisitions were executed at prices ranging from $0.46 to $7.96 per share, with a total transaction value of $638,857.
Following these transactions, Boehmler holds 351,152 shares directly, not including an additional 164,814 shares issuable upon the exercise of vested options.
In other recent news, Quantum Computing Inc. reported a surprising earnings per share (EPS) of 11 cents for Q1 2025, significantly surpassing the anticipated loss of 5 cents. However, the company’s revenue was $39,000, which fell short of the projected $300,000. Despite the revenue miss, Quantum Computing Inc. raised $93.6 million through stock offerings in the first quarter, strengthening its financial position. The company’s total assets grew to $242.5 million, up from $153.6 million at the end of 2024. Quantum Computing Inc. also announced its inclusion in the Russell 2000 and 3000 indexes, highlighting its growing market capitalization. This inclusion is expected to increase the company’s visibility among institutional investors. Additionally, Quantum Computing Inc. has entered into new strategic collaborations and product launches, including a partnership with a leading Canadian research institute and a subcontract with NASA’s Langley Research Center. These developments underscore Quantum Computing Inc.’s strategic direction and potential for future growth.
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