QuantumScape CTO Holme sells $1.9m in shares

QuantumScape (NYSE:QS) Chief Technology Officer Timothy Holme sold a total of 244,219 shares of Class A Common Stock on September 4th and 8th, with the transactions valued at $1.9 million. The sales occurred in a price range of $7.405 to $10.435. The stock has shown remarkable momentum, gaining over 110% in the past six months and currently trading at $9.51.

The sales were executed in multiple transactions. On September 4th, Holme sold 176,352 shares at a weighted average price of $7.5486. Another 38,561 shares were sold by The Holme 2020 Irrevocable Trust, also on September 4th, at the same weighted average price. On September 8th, Holme sold 23,244 shares at a weighted average price of $9.627, and The Holme 2020 Irrevocable Trust sold 6,362 shares at the same weighted average price. According to InvestingPro data, the stock’s RSI suggests oversold conditions, while maintaining strong liquidity with a current ratio of 16.4.

On the same dates, The Holme 2020 Irrevocable Trust acquired 38,561 and 6,362 shares of Class A Common Stock, respectively, through the conversion of Class B Common Stock, at no cost.

These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 5, 2025. Following these transactions, Holme directly owns 1,422,060 shares of QuantumScape Class A Common Stock.

In other recent news, QuantumScape Corp reported its second-quarter 2025 earnings, showing a slight improvement over analyst expectations. The company’s earnings per share (EPS) stood at -$0.20, surpassing the forecasted -$0.21. This development comes as QuantumScape continues to make strides in its technological advancements. The company, in collaboration with PowerCo, the battery arm of Volkswagen Group, recently demonstrated the world’s first live application of solid-state lithium-metal batteries in an electric vehicle. This milestone was showcased at the IAA Mobility event in Munich, featuring a modified Ducati V21L race motorcycle equipped with QuantumScape’s QSE-5 battery cells. These batteries are notable for being the first anode-free solid-state batteries to transition from laboratory testing to real-world application. Despite the positive earnings and technological advancements, the company’s stock experienced a decline in after-hours trading, influenced by broader financial results and future guidance. These recent developments highlight QuantumScape’s ongoing efforts in the solid-state battery sector.

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