<div id="readability-page-1"><p>GMT Capital Corp acquired a new stake in  QuantumScape Corporation (NYSE:QS - Free Report) in the first quarter, according to its most recent filing with the SEC. The fund acquired 482,200 shares of the company's stock, valued at approximately $2,006,000. GMT Capital Corp owned approximately 0.09% of QuantumScape at the end of the most recent quarter.</p><ul><li>Trump GLP-1 Pilot Program Could Boost Novo Nordisk &amp; Eli Lilly</li></ul><p>A number of other hedge funds have also bought and sold shares of the business. Birchcreek Wealth Management LLC grew its stake in  QuantumScape by 11.5% in the 1st quarter. Birchcreek Wealth Management LLC now owns 25,183 shares of the company's stock valued at $105,000 after buying an additional 2,600 shares in the last quarter.  HighTower Advisors LLC grew its position in shares of  QuantumScape by 13.7% during the 1st quarter. HighTower Advisors LLC now owns 23,611 shares of the company's stock valued at $98,000 after purchasing an additional 2,838 shares in the last quarter.  Mercer Global Advisors Inc. ADV grew its position in shares of  QuantumScape by 19.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 18,199 shares of the company's stock valued at $94,000 after purchasing an additional 2,997 shares in the last quarter.  Wealthfront Advisers LLC grew its position in shares of  QuantumScape by 22.6% during the 1st quarter. Wealthfront Advisers LLC now owns 19,349 shares of the company's stock valued at $80,000 after purchasing an additional 3,571 shares in the last quarter.  Finally, Schonfeld Strategic Advisors LLC grew its position in shares of  QuantumScape by 9.4% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 44,087 shares of the company's stock valued at $229,000 after purchasing an additional 3,787 shares in the last quarter. 29.87% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Analyst Upgrades and Downgrades</h2><p>QS has been the subject of a number of recent analyst reports. TD Cowen upgraded shares of QuantumScape to a &#34;hold&#34; rating in a research report on Monday, July 7th. Robert W. Baird boosted their price target on shares of QuantumScape from $6.00 to $11.00 and gave the company a &#34;neutral&#34; rating in a research report on Thursday, July 24th. Seven investment analysts have rated the stock with a Hold rating and three have issued  a Sell rating to the company's stock. According to data from MarketBeat, QuantumScape  has a consensus rating of &#34;Reduce&#34; and a consensus price target of $5.90.</p><ul><li>3 Short Squeeze Candidates With Big Catalysts on the Horizon</li></ul><p><b>Get Our Latest Research Report on QuantumScape</b></p><h2>QuantumScape Stock Down 2.4%</h2><p>Shares of NYSE:QS opened at $7.91 on Friday. QuantumScape Corporation has a 52-week low of $3.40 and a 52-week high of $15.03. The firm has a fifty day moving average of $8.89 and a 200 day moving average of $5.86. The firm has a market capitalization of $4.47 billion, a PE ratio of -9.19 and a beta of 4.43. The company has a debt-to-equity ratio of 0.03, a quick ratio of 16.40 and a current ratio of 16.40. </p><ul><li>QuantumScape Soars 30%: What Drove the Next-Gen EV Stock's Rally</li></ul><p>QuantumScape (NYSE:QS - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported ($0.20) earnings per share for the quarter, hitting the consensus estimate of ($0.20). The business had revenue of $36.67 million during the quarter. During the same period in the previous year, the company earned ($0.25) earnings per share.  As a group, research analysts anticipate that  QuantumScape Corporation will post -0.82 EPS for the current fiscal year. </p><h2>Insider Buying and Selling at QuantumScape</h2><p>In other QuantumScape news, CTO Timothy Holme sold 11,906 shares of the business's stock in a transaction on Monday, July 7th. The shares were sold at an average price of $7.02, for a total value of $83,580.12. Following the completion of the sale, the chief technology officer directly owned 1,661,928 shares of the company's stock, valued at $11,666,734.56. The trade was a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Fritz Prinz sold 929,813 shares of the business's stock in a transaction on Friday, July 25th. The stock was sold at an average price of $11.62, for a total transaction of $10,804,427.06. Following the completion of the sale, the director directly owned 161,343 shares of the company's stock, valued at $1,874,805.66. This represents a 85.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,956,517 shares of company stock valued at $34,977,013. Company insiders own  5.48% of the company's stock. </p><h2>QuantumScape Company Profile</h2> (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>Featured Articles</h2><ul><li>Five stocks we like better than QuantumScape</li><li>ETF Screener: Uses and Step-by-Step Guide </li><li>Improving Fundamentals Drive New Buybacks for 3 Strong Performers</li><li>How to Evaluate a Stock Before Buying </li><li>3 Reasons Gartner Could Be the Best Buy of Q3</li><li>Compound Interest and Why It Matters When Investing</li><li>Free Cash Flow Boom Keeps Microsoft Ahead of the Pack</li></ul><p><strong>Want to see what other hedge funds are holding QS?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for QuantumScape Corporation (NYSE:QS - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.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/SECFilingChart.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>GMT Capital Corp has acquired 482,200 shares of QuantumScape Corporation (NYSE:QS) valued at approximately $2,006,000, representing about 0.09% ownership. Other hedge funds have also increased their stakes in QuantumScape. The stock has seen a recent downgrade in analyst ratings, with a consensus rating of "Reduce" and a price target of $5.90. QuantumScape's shares opened at $7.91, with a 52-week range of $3.40 to $15.03. The company reported earnings of ($0.20) per share for the last quarter, matching expectations.</p>

GMT Capital Corp Acquires New Shares in QuantumScape Corporation $QS