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Director Fritz Prinz of QuantumScape Corp (NYSE:QS), currently valued at $4.5 billion, sold a total of 864,708 shares of Class A Common Stock on July 3, 2025, at a price of $7.0224, totaling approximately $6.07 million. The stock has since risen to $8.18, showing significant momentum with a 20% gain in the past week. According to InvestingPro analysis, the stock’s RSI indicates overbought conditions.
The sales were executed in multiple transactions at prices ranging from $7.00 to $7.085. These sales were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 4, 2024. With InvestingPro showing a "FAIR" overall financial health score, investors should note the stock’s historically high price volatility.
Specifically, 508,832 shares held by the Prinz Family Trust were sold. Additionally, 177,938 shares each were sold from the Benedikt Prinz 2019 Trust and the Marie Helene Prinz 2019 Trust.
Following these transactions, the Prinz Family Trust holds 269,074 shares, the Benedikt Prinz 2019 Trust holds 81,364 shares, and the Marie Helene Prinz 2019 Trust holds 81,364 shares. Prinz also directly holds 231,530 shares, including restricted stock units and performance restricted stock units.
In other recent news, QuantumScape Corporation reported its Q1 2025 financial results, posting an earnings per share (EPS) of -$0.21, which aligned with market expectations. The company recorded a net loss of $114.4 million, while maintaining strong liquidity with $860.3 million in cash reserves. QuantumScape has successfully integrated its advanced Cobra separator process into baseline cell production, marking a significant advancement in its manufacturing capabilities. This new process offers approximately 25 times improvement in heat treatment speed compared to its previous Raptor process. During its 2025 Annual Meeting of Stockholders, QuantumScape confirmed the election of ten directors and ratified the appointment of Ernst & Young LLP as its independent registered public accounting firm for the fiscal year ending December 31, 2025. William Blair maintained its Market Perform rating on QuantumScape, expressing interest in further information about the company’s potential launch customer and unit economics. QuantumScape plans to continue improving its production speed and efficiency, paving the way for higher-volume B1 sample production.
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