QS - QuantumScape Corporation
Bank of New York Mellon Corp bought a new position in QuantumScape Corporation (NYSE: QS) in the undefined quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,272,329 shares of the company's stock, valued at approximately $9,619,000. Bank of New York Mellon Corp owned about
QuantumScape doesn't expect to commercialize its first batteries until 2029. Other automakers and start-ups could beat it to the finish line.
The transaction involved 12,723 shares at a weighted average price of $6.01, resulting in a total value of approximately $76,465. This disposition involved shares equal to 100% of the indirect Class A stake held before the transaction.
QuantumScape (NYSE:QS | QS Price Prediction) and SoundHound AI (NASDAQ:SOUN) both went public during the 2020 to 2022 market boom through special purpose acquisition companies (SPACs) rather than a traditional IPO, and they share striking similarities in their business models and market positioning, despite operating in different markets.
The executive disposed of 34,304 shares at $5.74 per share on August 18 for a total value of about $196,905. The transaction reduced Singh's direct equity position by just 2%.
The disposition involved 25,709 shares at $5.74 per share, representing a total transaction value of about $147,570. The transaction reduced the executive's total equity holdings by 2% as of August 18.
The disposal of 31,095 shares at $5.74 per share represents a total value of about $179,000 as of the August 18 transaction date. The disposition was non-discretionary, executed to cover tax obligations associated with the release of restricted stock units.
The disposal of 32,255 shares realized a transaction value of approximately $185,000 based on the weighted average execution price on August 18. This was a non-discretionary transaction executed to cover tax obligations related to the release of restricted stock units (RSUs).
The disposition of 75,962 shares was valued at about $437,000 based on weighted-average sale prices of $5.75 per share. The transactions included a non-discretionary tax withholding of 34,086 shares and open-market sales of 41,876 shares executed under a Rule 10b5-1 trading plan.
The transaction involved the disposition of 81,752 shares at $5.74 per share, representing a total value of ~$469,300 on August 18, 2026. This disposition reduced the CEO's direct Class A Common Stock holdings by 2% while the stock had a one-year return of -35% as of the transaction date.
QuantumScape (QS) reported earnings 30 days ago. What's next for the stock?
Shares of QuantumScape (NYSE:QS | QS Price Prediction) are down 6% Tuesday afternoon to $5.73, with no company-specific catalyst driving the decline.
QuantumScape Corporation (QS) Presents at J.P. Morgan Automotive Conference Transcript
QuantumScape originally planned to commercialize its first batteries in 2024. But it doesn't expect to reach that milestone until 2029 at the earliest.
QuantumScape is still generating zero revenue. The company aims to commercialize a revolutionary battery technology by 2029.
Dimensional Fund Advisors LP increased its stake in shares of QuantumScape Corporation (NYSE: QS) by 134.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,735,035 shares of the company's stock after buying an additional 3,290,942 shares during the quarter.
Amundi lowered its stake in shares of QuantumScape Corporation (NYSE: QS) by 13.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,964,515 shares of the company's stock after selling 295,253 shares during the quarter. Amundi owned approximately 0.32% of
QuantumScape (QS +5.44%) is researching and developing solid-state battery technology.
QuantumScape stock has plunged about 51% since the start of 2026. Analysts have lowered their price targets for QuantumScape stock.
AST SpaceMobile is scaling a first-of-its-kind space-based cellular network through strategic partnerships with major global telecom carriers. QuantumScape is progressing toward the commercialization of solid-state batteries with backing from industry leaders like Volkswagen.