<div id="readability-page-1"><p>QuantumScape Corporation (NYSE:QS - Get Free Report) CTO Timothy Holme sold 358,330 shares of the stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $7.03, for a total value of $2,519,059.90. Following the completion of the transaction, the chief technology officer owned 1,705,428 shares in the company, valued at approximately $11,989,158.84. The trade was a 17.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.</p><ul><li>QuantumScape Soars 30%: What Drove the Next-Gen EV Stock's Rally</li></ul><p>Timothy Holme also recently made the following trade(s): </p><ul><li>On Monday, July 7th, Timothy Holme sold 11,906 shares of QuantumScape stock. The shares were sold at an average price of $7.02, for a total value of $83,580.12. </li><li>On Monday, July 7th, Timothy Holme sold 43,500 shares of QuantumScape stock. The shares were sold at an average price of $7.02, for a total value of $305,370.00. </li><li>On Thursday, July 3rd, Timothy Holme sold 98,073 shares of QuantumScape stock. The shares were sold at an average price of $7.03, for a total value of $689,453.19. </li></ul><h2>QuantumScape Stock Performance</h2><p>NYSE QS traded up $1.16 during trading hours on Tuesday, reaching $8.17. The company's stock had a trading volume of 73,015,118 shares, compared to its average volume of 14,482,906. The company has a current ratio of 16.66, a quick ratio of 16.66 and a debt-to-equity ratio of 0.03. The business has a 50-day simple moving average of $4.62 and a 200 day simple moving average of $4.70. QuantumScape Corporation has a 52 week low of $3.40 and a 52 week high of $9.52. The stock has a market cap of $4.57 billion, a PE ratio of -8.98 and a beta of 4.42. </p><ul><li>Charging Forward: 2 US Battery Stocks to Electrify Your Portfolio</li></ul><p>QuantumScape (NYSE:QS - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.19) by ($0.02). During the same period in the previous year, the company earned ($0.24) EPS.  Equities research analysts predict that  QuantumScape Corporation will post -0.82 earnings per share for the current fiscal year. </p><h2>Institutional Investors Weigh In On QuantumScape</h2><p>A number of hedge funds have recently made changes to their positions in QS. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in  QuantumScape by 456.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,759,334 shares of the company's stock worth $19,799,000 after purchasing an additional 3,904,168 shares in the last quarter.  Norges Bank bought a new stake in  QuantumScape during the fourth quarter worth approximately $17,762,000.  Vanguard Group Inc. raised its holdings in  QuantumScape by 9.0% during the first quarter. Vanguard Group Inc. now owns 35,351,974 shares of the company's stock worth $147,064,000 after purchasing an additional 2,911,362 shares in the last quarter.  Dimensional Fund Advisors LP raised its holdings in  QuantumScape by 55.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,814,127 shares of the company's stock worth $30,183,000 after purchasing an additional 2,066,844 shares in the last quarter.  Finally, Nuveen LLC bought a new stake in  QuantumScape during the first quarter worth approximately $2,819,000. Institutional investors own  29.87% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>QuantumScape: High-Risk, High-Reward Solid-State Battery Play?</li></ul><p>Several equities analysts recently issued reports on QS shares. Robert W. Baird dropped their price target on QuantumScape from $8.00 to $6.00 and set a &#34;neutral&#34; rating on the stock in a research report on Thursday, April 24th. TD Cowen upgraded QuantumScape to a &#34;hold&#34; rating in a report on Monday. The Goldman Sachs Group reduced their price target on QuantumScape from $3.00 to $2.50 and set a &#34;sell&#34; rating on the stock in a research note on Monday, April 28th. Finally, UBS Group downgraded QuantumScape from a &#34;neutral&#34; rating to a &#34;sell&#34; rating and dropped their price objective for the stock from $5.00 to $2.50 in a report on Thursday, April 10th. Three research analysts have rated the stock with a sell rating and seven have assigned  a hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $5.19.</p><p><b>Check Out Our Latest Analysis on QuantumScape</b></p><h2>QuantumScape Company Profile</h2> (Get Free Report)<p>QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California. </p><h2>See Also</h2><ul><li>Five stocks we like better than QuantumScape</li><li>How to Most Effectively Use the MarketBeat Earnings Screener</li><li>EV Tax Credits Are Ending—Here’s Why These 2 Stocks Could Soar</li><li>A Deeper Look at Bid-Ask Spreads</li><li>Don’t Miss Out: 3 Blue-Chips  Set to Pop This Earnings Season</li><li>Russell 2000 Index, How Investors Use it For Profitable Trading</li><li>Amazon's Prime Day Pullback Meets Bullish Golden Cross Signal</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVFT?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVFT"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in QuantumScape Right Now?</h2><p>Before you consider QuantumScape, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and QuantumScape wasn't on the list.</p><p>While QuantumScape currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>QuantumScape Corporation's CTO Timothy Holme sold 358,330 shares at an average price of $7.03, totaling approximately $2.52 million, reducing his ownership by 17.36%. Following the sale, he holds 1,705,428 shares valued at about $12 million. Holme also sold additional shares on July 7th. QuantumScape's stock recently traded at $8.17, with a market cap of $4.57 billion and a PE ratio of -8.98. Analysts have mixed ratings on the stock, with price targets ranging from $2.50 to $8.00.</p>

QuantumScape Corporation (NYSE:QS) CTO Timothy Holme Sells 358,330 Shares