QMCO QUANTUM CORP /DE/ Insider Trading

10% owner PIMCO liquidates entire 962.1K share stake at $10.25, coinciding with -24.5% annual revenue decline and -$71.4M net loss.

PACIFIC INVESTMENT MANAGEMENT CO LLC sold its complete QUANTUM CORP holding of 962,127 shares (962.1K shares) for $9,861,801.75 ($9.9M) on 2025-04-15, reducing ownership from 962,127 shares to 0 shares—a full exit. This divestment occurs amid significant operational deterioration: annual revenue has contracted -24.5% and the company posted a net loss of $-71,433,000.00 ($-71.4M) in its most recent full fiscal year. The insider's same-ticker timing pattern is notable: all 5 prior QMCO trades executed on 2025-01-03 showed 90-day well-timed outcomes (100% timing rate), with each achieving -79.8% 90-day returns post-transaction. QMCO has since fallen -85.4% from its 52-week high and -47.9% in the last 30 days, tracking consistent with the insider's prior sales at this ticker.

10% owner PACIFIC INVESTMENT MANAGEMENT CO LLC sold 228,195 shares for $14.0M at $61.52 on 2025-01-03; stock now down -36.2% from 52-week high to $45.11

PACIFIC INVESTMENT MANAGEMENT CO LLC, holding 10% of QUANTUM CORP /DE/, executed 6 separate sales totaling 228,195 shares for $14,038,556.40 at $61.52 per share on 2025-01-03, reducing holdings by 19.2% to 962,127 shares. The sale occurred at prices substantially above the current market price of $45.11 (−36.2% from 52-week high of $70.67), which is now 26.4% below the transaction price. The company faces deteriorating fundamentals: revenue declined 24.5% year-over-year, net income was −$13,527,000 over the latest full fiscal year, and the most recent quarterly revenue was $70,469,000 against losses. The stock has subsequently dropped sharply from the $61.52 sale price, suggesting the seller exited a substantial 19.2% block of a highly volatile equity (52-week range $2.51–$70.67, 30-day +228.1%, 90-day +1261.1%) at a material premium to where it trades today.