Alan E Baratz

CEO Alan Baratz sold 687.6K QBTS shares ($18.0M) at $26.13; stock now -50.2% from 52-week high

Alan E Baratz, President & CEO of D-Wave Quantum Inc., sold 687,627 shares for $17,967,693.51 on 2026-06-08, reducing his non-derivative holdings to 3,299,771 shares (a -17.2% reduction). The sale occurred when the stock was trading significantly below its 52-week high ($46.75), and the current price of $23.26 reflects a -50.2% decline from that peak. Baratz's track record at QBTS shows a consistent pattern: 5 of 5 prior sells at this ticker were well-timed at the 90-day mark, with negative average 90-day returns across those trades ranging from -15.2% to -47.8%. His cross-ticker track record shows a 100.00% well-timed rate on prior sells, though the most recent cross-ticker average 90-day return was -28.9%. The company posted substantial fundamentals headwinds: negative net income of $-18,357,000.00 over its most recent full fiscal year despite annual revenue growth of +178.5%, indicating losses accelerating despite revenue expansion. This sale, occurring during the stock's significant decline phase, follows a pattern of insider transactions that have historically preceded further downside movement.

QBTS CEO Alan Baratz sold 35,013 shares at $28.06; stock now -35.9% from 52-week high, company deep unprofitable ($-140.0M net loss).

CEO Baratz sold 35,013 shares (1.3% of his holdings) at $28.06 on 2026-01-14 as D-Wave's stock sits 35.9% below its 52-week peak and the company posted a net loss of $-140.0M in its latest fiscal year. His cross-ticker track record shows 5 prior sells with a 100.00% well-timed rate at the 90-day mark (average 90d return of -22.0%), but at QBTS specifically, only 2 of 2 measurable same-ticker sales proved well-timed at 90 days. The current sale follows another 2025-12-22 sale whose outcome is not yet measurable. While the stock rallied 12.5% over 30 days post-sale, the underlying fundamentals remain deeply challenged: annual revenue growth is near-flat at 0.8%, with quarterly revenue of just $3.7M against a $10.0B market cap, raising questions about whether the CEO's modest liquidation reflects confidence in valuation at current levels or continued skepticism about the company's path to profitability.

QBTS CEO Alan E. Baratz sold 793,712 shares ($23.9M) at $30.13; stock now $29.12, -35.0% from 52-week high.

CEO Alan E. Baratz executed a substantial 23.2% reduction in his QBTS position, liquidating 793,712 shares for $23,913,113.88 on 2025-12-22 at $30.13 per share. The transaction is notable given D-Wave's challenging fundamentals: the company reported $3,739,000 in latest quarterly revenue against net income of $-139,986,000, with full-year net income negative and minimal growth (0.8% annual revenue growth). The stock has declined 35.0% from its 52-week high of $44.78, though it remains up 42.7% over the past 30 days from its current price of $29.12. Across his four prior sales at QBTS, Baratz's 90-day timing record is mixed: one prior sale was well-timed (the 2025-05-21 sale where the stock fell 9.9% in 90 days), but the other three remain unmeasurable or showed negative near-term returns. His broader cross-ticker sell track record shows stronger execution, with a 100% well-timed rate at the 90-day mark across 4 prior sales, though that pattern has not translated consistently at this specific ticker.

CEO Alan Baratz sells 168,102 shares of D-Wave (QBTS) at $23.17; stock down 47.3% in 30d, trading 47.3% below 52w high

Alan Baratz, President & CEO of D-Wave Quantum Inc., sold 168,102 shares for $3.9M on November 13, 2025, reducing his holdings by 6.0% to 2.63M shares. The timing of this sale is notable: it occurs as QBTS has collapsed 47.3% over the past 30 days and sits 47.3% below its 52-week high of $44.78, despite having rallied 38.8% over 90 days. Baratz's cross-ticker track record shows a 100.00% well-timed rate on sells (with -27.2% average 30-day returns), but this signals are not perfectly predictive at QBTS specifically—his most recent same-ticker sale on October 14 preceded a 46.5% 30-day decline. The company is unprofitable (annual net income: $-140.0M) with minimal revenue growth of 0.8% year-over-year, making fundamental deterioration a potential backdrop for insider selling. This sale warrants close observation as a potential signal during a period of acute stock weakness and unresolved company fundamentals.

QBTS CEO BARATZ sold 806.3K shares ($23.3M) at $28.87; stock down 47.8% from 52-week high, CEO retains 2.80M shares.

BARATZ ALAN E, President & CEO of D-Wave Quantum Inc., sold 806,288 shares at $28.87 on 2025-11-11, reducing holdings by 22.3% to 2,801,265 shares post-transaction. The stock has declined 47.8% from its 52-week high of $44.78 and 45.7% over the past 30 days, though it rose 37.5% over 90 days. Within his same-ticker history at QBTS, his most recent measurable prior sale on 2025-05-21 showed a negative 90-day return of -9.9%, reflecting well-timed selling. The company remains unprofitable with $-139,986,000.00 in net income on $3,739,000.00 quarterly revenue, despite $8.1B market capitalization. This large CEO sale, representing a meaningful reduction in insider holdings at a stock significantly below recent highs, occurs in the context of ongoing losses and low current quarterly revenue.

CEO Alan Baratz sold 31,369 shares of QBTS at $43.74 for $1,372,186.71 as stock hits 52-week high

BARATZ ALAN E, President & CEO, sold 31,369 shares (31.4K shares) at $43.74 on 2025-10-14, bringing holdings from 2,832,634 shares to 2,801,265 shares (2.80M shares). The sale occurred as QBTS reached its 52-week high of $44.78, with the stock up 144.4% over 30 days and 132.7% over 90 days. The insider's cross-ticker track record shows 1 prior sell with a 100.00% well-timed rate at the 90-day mark, and his same-ticker history at QBTS (1 prior trade on 2025-05-21) also displayed well-timed characteristics with negative 90-day returns. Notably, the company generated only $3,095,000.00 ($3.1M) in revenue in the latest quarter while posting a net loss of $-167,329,000.00 ($-167.3M) and remains unprofitable on a full-year basis, representing a stark disconnect between the current market valuation of $15,162,738,572.22 ($15.2B) and fundamentals. The timing of this sale at the stock's 52-week peak, combined with the company's losses and the CEO's historical pattern of well-timed sells, warrants close monitoring of near-term stock performance.

D-Wave CEO Alan Baratz sold 845,813 shares (845.8K) at $17.00 for $14,378,821 on 2025-05-21, reducing stake by 22.8%

CEO Alan Baratz sold 845,813 shares (845.8K shares) for $14,378,821, a substantial 22.8% reduction in his post-transaction holdings from 3,712,225 shares to 2,866,412 shares. The sale occurred at $17.00 per share, notably below the current price of $19.04 and well below the 52-week high of $19.04, yet the company continues to generate significant losses with net income of $-5,421,000 on quarterly revenue of $15,001,000, coupled with minimal annual revenue growth of +0.8%. This large discretionary sale by the chief executive of an unprofitable company with a $5.5B market cap signals a material change in the CEO's exposure to the firm at a time when fundamental operational metrics remain challenged.