1 week Ago By Defense World Staff
LPL Financial LLC acquired a new position in Quantum Co. (NASDAQ:QMCO – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 7,354 shares of the company’s stock, valued at approximately $397,000.
LPL Financial LLC owned approximately 0.13% of Quantum as of its most recent filing with the SEC. Several other institutional investors have also modified their holdings of the company.
UNICOM Systems Inc. bought a new stake in Quantum in the fourth quarter worth about $4,057,000. Arkadios Wealth Advisors bought a new stake in shares of Quantum in the 4th quarter worth approximately $466,000.
Flagship Harbor Advisors LLC acquired a new stake in Quantum during the fourth quarter valued at approximately $226,000. Finally, SBI Securities Co. Ltd.
acquired a new position in Quantum in the fourth quarter worth approximately $194,000. Institutional investors and hedge funds own 63.66% of the company’s stock.
Quantum Stock PerformanceShares of NASDAQ:QMCO opened at $11.84 on Friday. The firm has a 50 day simple moving average of $13.
12 and a 200 day simple moving average of $18.38. Quantum Co.
has a 52 week low of $2.22 and a 52 week high of $90.64.
Quantum (NASDAQ:QMCO – Get Free Report) last issued its earnings results on Wednesday, February 12th. The company reported ($0.96) EPS for the quarter, missing the consensus estimate of ($0.
88) by ($0.08). As a group, analysts expect that Quantum Co.
will post -5.5 earnings per share for the current fiscal year. Insider Buying and Selling at QuantumIn other Quantum news, CEO James J.
Lerner sold 2,784 shares of Quantum stock in a transaction on Monday, April 21st. The shares were sold at an average price of $9.65, for a total transaction of $26,865.
60. Following the completion of the sale, the chief executive officer now owns 110,848 shares of the company’s stock, valued at $1,069,683.20.
This trade represents a 2.45 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
Also, CFO Kenneth P. Gianella sold 1,279 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $21.
53, for a total transaction of $27,536.87. Following the completion of the transaction, the chief financial officer now directly owns 32,402 shares in the company, valued at $697,615.
06. This trade represents a 3.80 % decrease in their ownership of the stock.
The disclosure for this sale can be found here. Insiders have sold a total of 967,583 shares of company stock valued at $9,930,082 in the last 90 days. 4.
50% of the stock is currently owned by corporate insiders. Analyst Ratings ChangesSeveral equities research analysts have recently weighed in on QMCO shares. Lake Street Capital raised their price objective on Quantum from $5.
00 to $20.00 and gave the stock a “hold” rating in a research note on Wednesday, January 29th. Northland Securities lifted their price target on Quantum from $5.
00 to $18.00 and gave the stock a “market perform” rating in a research note on Thursday, January 30th.View Our Latest Stock Analysis on QMCOQuantum Profile (Free Report)Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
The company offers Myriad All-Flash File and Object Storage Software for high performance enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, enriching video, audio, and image files, and workflow orchestration.Featured StoriesFive stocks we like better than QuantumIndustrial Products Stocks Investing Markets Think Robinhood Earnings Could Send the Stock UpWhat is a penny stock? A comprehensive guideChurchill Downs Stock: Could Tariff Fears Dampen Derby Gains?3 Grocery Stocks That Are Proving They Are Still Essential AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround.
