GMT Capital Corp Acquires New Shares in QuantumScape Corporation $QS

Market Beat
2025.08.31 10:00
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GMT Capital Corp has acquired 482,200 shares of QuantumScape Corporation (NYSE:QS) valued at approximately $2,006,000, representing about 0.09% ownership. Other hedge funds have also increased their stakes in QuantumScape. The stock has seen a recent downgrade in analyst ratings, with a consensus rating of "Reduce" and a price target of $5.90. QuantumScape's shares opened at $7.91, with a 52-week range of $3.40 to $15.03. The company reported earnings of ($0.20) per share for the last quarter, matching expectations.

GMT Capital Corp acquired a new stake in QuantumScape Corporation (NYSE:QS - Free Report) in the first quarter, according to its most recent filing with the SEC. The fund acquired 482,200 shares of the company's stock, valued at approximately $2,006,000. GMT Capital Corp owned approximately 0.09% of QuantumScape at the end of the most recent quarter.

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A number of other hedge funds have also bought and sold shares of the business. Birchcreek Wealth Management LLC grew its stake in QuantumScape by 11.5% in the 1st quarter. Birchcreek Wealth Management LLC now owns 25,183 shares of the company's stock valued at $105,000 after buying an additional 2,600 shares in the last quarter. HighTower Advisors LLC grew its position in shares of QuantumScape by 13.7% during the 1st quarter. HighTower Advisors LLC now owns 23,611 shares of the company's stock valued at $98,000 after purchasing an additional 2,838 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of QuantumScape by 19.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 18,199 shares of the company's stock valued at $94,000 after purchasing an additional 2,997 shares in the last quarter. Wealthfront Advisers LLC grew its position in shares of QuantumScape by 22.6% during the 1st quarter. Wealthfront Advisers LLC now owns 19,349 shares of the company's stock valued at $80,000 after purchasing an additional 3,571 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC grew its position in shares of QuantumScape by 9.4% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 44,087 shares of the company's stock valued at $229,000 after purchasing an additional 3,787 shares in the last quarter. 29.87% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

QS has been the subject of a number of recent analyst reports. TD Cowen upgraded shares of QuantumScape to a "hold" rating in a research report on Monday, July 7th. Robert W. Baird boosted their price target on shares of QuantumScape from $6.00 to $11.00 and gave the company a "neutral" rating in a research report on Thursday, July 24th. Seven investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, QuantumScape has a consensus rating of "Reduce" and a consensus price target of $5.90.

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Get Our Latest Research Report on QuantumScape

QuantumScape Stock Down 2.4%

Shares of NYSE:QS opened at $7.91 on Friday. QuantumScape Corporation has a 52-week low of $3.40 and a 52-week high of $15.03. The firm has a fifty day moving average of $8.89 and a 200 day moving average of $5.86. The firm has a market capitalization of $4.47 billion, a PE ratio of -9.19 and a beta of 4.43. The company has a debt-to-equity ratio of 0.03, a quick ratio of 16.40 and a current ratio of 16.40.

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QuantumScape (NYSE:QS - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported ($0.20) earnings per share for the quarter, hitting the consensus estimate of ($0.20). The business had revenue of $36.67 million during the quarter. During the same period in the previous year, the company earned ($0.25) earnings per share. As a group, research analysts anticipate that QuantumScape Corporation will post -0.82 EPS for the current fiscal year.

Insider Buying and Selling at QuantumScape

In other QuantumScape news, CTO Timothy Holme sold 11,906 shares of the business's stock in a transaction on Monday, July 7th. The shares were sold at an average price of $7.02, for a total value of $83,580.12. Following the completion of the sale, the chief technology officer directly owned 1,661,928 shares of the company's stock, valued at $11,666,734.56. The trade was a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Fritz Prinz sold 929,813 shares of the business's stock in a transaction on Friday, July 25th. The stock was sold at an average price of $11.62, for a total transaction of $10,804,427.06. Following the completion of the sale, the director directly owned 161,343 shares of the company's stock, valued at $1,874,805.66. This represents a 85.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,956,517 shares of company stock valued at $34,977,013. Company insiders own 5.48% of the company's stock.

QuantumScape Company Profile

(Free Report)

QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

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Want to see what other hedge funds are holding QS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for QuantumScape Corporation (NYSE:QS - Free Report).

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