Michael C Turmelle

Director Michael C Turmelle purchased 5,250 shares of IPWR at $7.60 on 2026-05-26 ($39,900), raising holdings to 83.6K shares (+6.7%)

Turmelle purchased 5,250 shares at $7.60, adding to his existing position of 78,332 shares. The stock currently trades at $7.30, already 21.5% below its 52-week high of $9.30, and the purchase occurred after a sharp 30-day surge of 94.2% and 90-day surge of 126.4%. The company faces fundamental headwinds: latest quarterly revenue was $0.00, annual revenue has contracted 56.2% year-over-year, and the company posted a net loss of $3,631,505 in its most recent full fiscal year. Turmelle's prior cross-ticker sell history shows an average 90-day return of 6.6% and a well-timed rate of 0.00%, indicating poor historical timing in exit decisions. Against this backdrop of operational deterioration and volatile price swings, the significance of this director-level purchase remains limited absent clarity on strategic initiatives or operational inflection.

Director Michael C Turmelle sold 200,986 shares (201.0K) of QUBT at $14.18, exiting entire position worth $2.8M

Director Turmelle liquidated his entire 200,986 share position in Quantum Computing Inc. at $14.18, realizing $2,849,981.48 and leaving zero holdings post-transaction. The timing is material: the sale occurred at a price 26.1% below the 52-week high of $25.68, and the stock has since appreciated 30.8% to the current $18.97, suggesting the director sold into relative weakness within the past year's range. Most notably, company fundamentals present an asymmetry—the latest quarter shows only $39,000.00 in revenue against a $2.7B market capitalization, while the full-year net income was negative despite a recent quarterly profit of $17.0M. The complete exit by a director during a period of revenue scarcity and prior-year losses, combined with the stock's substantial 90-day run (+245.5%) preceding the sale, warrants close examination of the company's cash position, profitability sustainability, and any forward guidance.