Florida Financial Advisors LLC Has $804,000 Stake in D-Wave Quantum Inc. $QBTS

Florida Financial Advisors LLC decreased its stake in D-Wave Quantum Inc. (NYSE:QBTSFree Report) by 50.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,777 shares of the company’s stock after selling 31,212 shares during the quarter. Florida Financial Advisors LLC’s holdings in D-Wave Quantum were worth $804,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in D-Wave Quantum by 267.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,151 shares of the company’s stock valued at $30,000 after purchasing an additional 838 shares during the last quarter. Ancora Advisors LLC bought a new position in D-Wave Quantum in the 3rd quarter valued at $30,000. Valley National Advisers Inc. raised its position in D-Wave Quantum by 222.2% in the 4th quarter. Valley National Advisers Inc. now owns 1,595 shares of the company’s stock valued at $41,000 after purchasing an additional 1,100 shares during the last quarter. Kelleher Financial Advisors bought a new position in D-Wave Quantum in the 3rd quarter valued at $40,000. Finally, Tucker Asset Management LLC bought a new position in D-Wave Quantum in the 4th quarter valued at $47,000. Institutional investors own 42.47% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Rosenblatt Securities reiterated a “buy” rating and issued a $43.00 price objective on shares of D-Wave Quantum in a research report on Wednesday, May 13th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $40.00 price objective on shares of D-Wave Quantum in a research report on Wednesday, May 13th. Canaccord Genuity Group cut their price objective on D-Wave Quantum from $43.00 to $41.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. TD Cowen assumed coverage on D-Wave Quantum in a research report on Thursday, February 12th. They issued a “buy” rating for the company. Finally, Wall Street Zen downgraded D-Wave Quantum from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Fourteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, D-Wave Quantum has a consensus rating of “Moderate Buy” and an average target price of $34.67.

View Our Latest Report on QBTS

Insider Transactions at D-Wave Quantum

In other news, VP Sophie C. Ames sold 23,025 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $18.98, for a total transaction of $437,014.50. Following the completion of the sale, the vice president owned 596,803 shares in the company, valued at $11,327,320.94. The trade was a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John M. Markovich sold 328,752 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $27.70, for a total value of $9,106,430.40. Following the sale, the chief financial officer owned 1,442,820 shares of the company’s stock, valued at approximately $39,966,114. The trade was a 18.56% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 383,553 shares of company stock worth $10,118,016. Insiders own 1.30% of the company’s stock.

D-Wave Quantum Trading Down 0.2%

QBTS stock opened at $30.07 on Monday. The company has a market cap of $11.12 billion, a P/E ratio of -26.61 and a beta of 2.05. D-Wave Quantum Inc. has a twelve month low of $12.75 and a twelve month high of $46.75. The company has a quick ratio of 21.31, a current ratio of 21.41 and a debt-to-equity ratio of 0.03. The business has a fifty day moving average of $19.54 and a 200-day moving average of $22.10.

D-Wave Quantum (NYSE:QBTSGet Free Report) last released its earnings results on Tuesday, May 12th. The company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.03. The company had revenue of $2.86 million during the quarter, compared to the consensus estimate of $4.19 million. D-Wave Quantum had a negative return on equity of 44.06% and a negative net margin of 2,957.23%.The firm’s quarterly revenue was down 80.9% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.02) earnings per share. As a group, equities research analysts expect that D-Wave Quantum Inc. will post -0.44 EPS for the current year.

Key Headlines Impacting D-Wave Quantum

Here are the key news stories impacting D-Wave Quantum this week:

  • Positive Sentiment: D-Wave is being highlighted as a potential winner in the quantum computing space after reports said it has stronger analyst-implied upside than peers and is gaining traction from commercial adoption. Article Title
  • Positive Sentiment: Recent coverage says quantum computing is moving toward a commercial breakout phase, which supports the bullish narrative around QBTS as an early leader in the sector. Article Title
  • Neutral Sentiment: Market commentary comparing QBTS with IONQ suggests investors are still weighing which quantum stock will dominate in 2026, keeping attention on the group rather than on one clear winner yet. Article Title
  • Negative Sentiment: CFO John Markovich sold 328,752 shares, a move that can pressure short-term sentiment because insider selling often raises caution about valuation or near-term expectations. Article Title

D-Wave Quantum Profile

(Free Report)

D-Wave Quantum Inc (NYSE: QBTS) develops and provides quantum computing systems, software and services focused on quantum annealing technology. Headquartered in Burnaby, British Columbia, D-Wave designs specialized processors that leverage quantum mechanics to solve complex optimization and sampling problems. Since its founding in 1999 by physicists including Geordie Rose, the company has pursued the development of commercially viable quantum hardware and accompanying software tools.

The company’s product portfolio centers on its quantum annealers, which are complemented by hybrid solvers that integrate classical and quantum computing resources.

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Institutional Ownership by Quarter for D-Wave Quantum (NYSE:QBTS)

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