Rep. Cleo Fields Buys Quantinuum Inc. (NASDAQ:QNT) Stock

Representative Cleo Fields (Democratic-Louisiana) recently bought shares of Quantinuum Inc. (NASDAQ:QNT). In a filing disclosed on June 26th, the Representative disclosed that they had bought between $1,001 and $15,000 in Quantinuum stock on June 4th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 6/15/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/11/2026.
• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 5/14/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 4/9/2026.

Quantinuum Stock Down 3.6%

Shares of NASDAQ:QNT opened at $72.84 on Tuesday. Quantinuum Inc. has a 52 week low of $50.10 and a 52 week high of $81.48.

Insider Transactions at Quantinuum

In other Quantinuum news, Director Paul R. Daugherty acquired 4,000 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was acquired at an average cost of $60.00 per share, with a total value of $240,000.00. Following the purchase, the director directly owned 9,833 shares in the company, valued at approximately $589,980. This trade represents a 68.58% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Manish H. Bhatia acquired 20,000 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were bought at an average price of $60.00 per share, with a total value of $1,200,000.00. Following the completion of the transaction, the director directly owned 25,833 shares in the company, valued at approximately $1,549,980. The trade was a 342.88% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 411,032 shares of company stock worth $24,661,920 in the last 90 days.

Key Headlines Impacting Quantinuum

Here are the key news stories impacting Quantinuum this week:

• Positive Sentiment: Cantor Fitzgerald upgraded Quantinuum to strong-buy, adding to the positive momentum around the stock. Article Title
• Positive Sentiment: Evercore Inc. upgraded Quantinuum to strong-buy, reinforcing the bullish analyst trend. Article Title
• Positive Sentiment: Jefferies Financial Group upgraded Quantinuum to strong-buy, signaling growing confidence in the company’s outlook. Article Title
• Positive Sentiment: Multiple new initiations came in with bullish ratings and high price targets, including JPMorgan (overweight, $97), Sanford C. Bernstein (outperform, $94), Craig Hallum (buy, $100), Rosenblatt (buy, $155), Mizuho (outperform, $90), Bank of America (buy, $100), and Needham (buy, $100), which may be encouraging investors. Article Title
• Neutral Sentiment: One new coverage note was more cautious, with Morgan Stanley initiating Quantinuum at equal weight and a $78 target, which still implies limited upside from current levels. Article Title
• Neutral Sentiment: Several articles framed the move as a “stock alert” and explained that the recent weakness may be drawing attention to the stock despite the bullish analyst activity. Article Title

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Sanford C. Bernstein assumed coverage on Quantinuum in a research report on Monday. They issued an “outperform” rating and a $94.00 price objective for the company. JPMorgan Chase & Co. assumed coverage on shares of Quantinuum in a research note on Monday. They set an “overweight” rating and a $97.00 price target on the stock. Mizuho started coverage on shares of Quantinuum in a report on Monday. They issued an “outperform” rating and a $90.00 price target for the company. Needham & Company LLC started coverage on shares of Quantinuum in a report on Monday. They set a “buy” rating and a $100.00 price objective on the stock. Finally, Cantor Fitzgerald started coverage on shares of Quantinuum in a research report on Monday. They set an “overweight” rating and a $90.00 target price on the stock. Three research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Quantinuum currently has an average rating of “Buy” and a consensus price target of $98.75.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

Quantinuum Company Profile

Quantinuum is a quantum computing company focused on developing hardware and software for commercial and scientific applications. The company provides access to its quantum systems, along with software tools and services designed to help customers explore use cases in areas such as optimization, materials science, chemistry, cybersecurity, and machine learning.

The company was formed through the combination of Honeywell Quantum Solutions and Cambridge Quantum in 2021. Quantinuum operates internationally and serves a range of customers across enterprise, government, and research markets.