CFO Christopher Boehmler sold 46,440 shares of QUBT at $20.00 on 2025-06-12 (third consecutive daily sale); current price $21.22, -17.4% from 52-week high.
Boehmler sold 46,440 shares for $928,800.00 on June 12, reducing his holdings by 11.7% to 351,152 shares. This sale follows two additional sales by the same insider on consecutive days (June 11 and June 10), establishing a pattern of sustained selling activity over a brief period. The stock currently trades at $21.22, above the $20.00 transaction price but down 17.4% from its 52-week high of $25.68, placing the sale in a backdrop of recent stock volatility. The company's fundamentals show modest revenue growth (4.2% annually) and recent profitability (net income $16,982,000.00 in the latest quarter), though it was unprofitable over the full prior fiscal year, introducing some financial uncertainty.