Milestone Asset Management LLC Has $1.09 Million Stock Holdings in IonQ, Inc. $IONQ

Milestone Asset Management LLC lifted its position in shares of IonQ, Inc. (NYSE:IONQ) by 85.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,298 shares of the company’s stock after purchasing an additional 11,192 shares during the quarter. Milestone Asset Management LLC’s holdings in IonQ were worth $1,090,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IONQ. Stone House Investment Management LLC raised its stake in IonQ by 700.0% during the 3rd quarter. Stone House Investment Management LLC now owns 400 shares of the company’s stock worth $25,000 after buying an additional 350 shares during the period. Ameriflex Group Inc. grew its stake in IonQ by 485.7% in the third quarter. Ameriflex Group Inc. now owns 410 shares of the company’s stock valued at $25,000 after acquiring an additional 340 shares during the period. Financial Consulate Inc. bought a new stake in shares of IonQ in the third quarter worth about $29,000. UMB Bank n.a. acquired a new stake in shares of IonQ during the third quarter worth about $31,000. Finally, Beaird Harris Wealth Management LLC raised its position in shares of IonQ by 117.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock worth $31,000 after purchasing an additional 270 shares during the period. Institutional investors and hedge funds own 41.42% of the company’s stock.

Key Headlines Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: First photonic link between commercial quantum systems — IonQ demonstrated a photonically interconnected pair of trapped‑ion machines, a milestone toward modular, networked quantum architectures that could enable larger-scale applications and government contracts. Article Title
• Positive Sentiment: Published a definitive, full‑stack technical report — IonQ released a detailed, buildable blueprint for scalable, fault‑tolerant quantum computing, increasing technical credibility and transparency versus peers. Article Title
• Positive Sentiment: Large cash balance supports R&D and deals — Analysts note IonQ’s roughly $3.3B cash position versus modest revenues gives it runway to invest in R&D, partnerships and pursue contracts without near‑term liquidity pressure. Article Title
• Positive Sentiment: Nvidia/Quantum‑AI momentum lifted sentiment — Market commentary credits Nvidia’s quantum‑AI initiatives with sparking a broader rally in select quantum names, helping push IONQ sharply higher earlier in April. Article Title
• Positive Sentiment: New analyst coverage and talent hires — Northland started coverage and IonQ added a Microsoft quantum lead, both of which can improve sentiment and credibility in the near term. Article Title Article Title
• Negative Sentiment: Recent volatility and pullbacks — Despite rallying earlier in April, IONQ experienced sharp intraday moves (including a >4% decline recently), underscoring high volatility for this small‑revenue, growth‑stage quantum play. Article Title
• Negative Sentiment: Fundamental risks remain — Analysts caution that IonQ is still loss‑making with limited current revenue, so technical wins and cash runway must translate into commercial traction to justify lofty valuations. Article Title

Analyst Ratings Changes

A number of analysts recently issued reports on IONQ shares. Weiss Ratings reissued a “sell (d-)” rating on shares of IonQ in a research note on Tuesday. Morgan Stanley set a $37.00 price target on shares of IonQ in a report on Thursday, February 26th. Cantor Fitzgerald reissued an “overweight” rating on shares of IonQ in a research report on Monday, February 9th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $100.00 price objective on shares of IonQ in a research report on Thursday, February 26th. Finally, JPMorgan Chase & Co. reduced their target price on shares of IonQ from $47.00 to $42.00 and set a “neutral” rating for the company in a research note on Thursday, February 26th. Ten investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $68.25.

IonQ Stock Up 2.3%

Shares of IonQ stock opened at $47.34 on Thursday. IonQ, Inc. has a 12-month low of $25.89 and a 12-month high of $84.64. The stock has a market cap of $17.36 billion, a P/E ratio of -19.01 and a beta of 2.80. The business’s 50 day moving average is $34.13 and its 200-day moving average is $45.61.

Insider Buying and Selling

In related news, insider Robert T. Cardillo sold 5,165 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $39.44, for a total transaction of $203,707.60. Following the transaction, the insider directly owned 112,291 shares in the company, valued at approximately $4,428,757.04. The trade was a 4.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John W. Raymond sold 2,800 shares of the company’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $33.34, for a total transaction of $93,352.00. Following the sale, the insider directly owned 83,963 shares in the company, valued at $2,799,326.42. This trade represents a 3.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 8,581 shares of company stock worth $316,156. Insiders own 5.20% of the company’s stock.

IonQ Profile

IonQ, Inc engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft’s Azure Quantum, and Google’s Cloud Marketplace, as well as through its cloud service. It also provides contracts associated with the design, development, and construction of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems.