QuantumScape (QS): Director Buss sells $5.4 million in shares

Published 01/11/2025, 00:02
QuantumScape (QS): Director Buss sells $5.4 million in shares

Director Brad W. Buss of QuantumScape Corp (NYSE:QS) recently sold a total of 300,000 shares of Class A Common Stock, realizing approximately $5.4 million. The sales occurred on October 31, 2025, in two separate transactions. The stock, which has surged over 305% in the past six months and is currently trading near its 52-week high of $19.07, is known for its high price volatility according to InvestingPro data.

The first sale involved 125,000 shares sold at a weighted average price of $17.3665, for a total of $2,170,812.50. Prices for these shares ranged from $17.26 to $17.44. The second sale consisted of 175,000 shares at a weighted average price of $18.4101, for a total of $3,221,767.50. Prices for these shares ranged from $18.40 to $18.475.

On the same day, Buss also exercised options to acquire 300,000 shares of Class A Common Stock at a price of $6.2336 per share, for a total value of $1,870,080.

Following these transactions, Buss directly owns 122,476 shares of QuantumScape. Buss also indirectly owns 249,720 shares through the 2011 Buss Family Trust and 70,000 shares through the Buss Family Heritage Trust.

In other recent news, QuantumScape Corp reported its third-quarter earnings for 2025, revealing a narrower-than-expected loss per share. Despite this positive earnings result, the announcement led to a 5.54% drop in after-hours trading. The company also highlighted significant progress in product innovation and strategic partnerships, which were noted during the earnings call. These developments suggest a focus on enhancing their product offerings and expanding their market reach. Analysts have yet to provide any updates on stock upgrades or downgrades following the earnings announcement. Investors may find interest in the company’s ongoing efforts to strengthen its position in the industry. QuantumScape’s recent performance and strategic initiatives continue to be a point of observation for stakeholders.

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