QBTS D-Wave Quantum Inc.
NEUTRAL
Impact: 3/10
Insider Cluster (2 insiders)
Insider cluster: 2 insiders, $233K total
Final — all horizons settled through T+60d
QBTS ▲ +47.18% at T+60d
NEUTRAL call ✓ call won +47.18% · α vs SPY +35.56% · entry $17.55 → $25.83
Last close $23.37 (close Jun 12) · +33.16% from $17.55 entry
T+1d
-0.51%
call -0.51% · α -1.54%
$17.46
settled 3mo ago
T+5d
-10.37%
call -10.37% · α -8.25%
$15.73
settled 3mo ago
T+20d
-16.52%
call -16.52% · α -20.11%
$14.65
settled 2mo ago
T+60d
+47.18%
call +47.18% · α +35.56%
$25.83
settled 7d ago
Price Chart
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Executive Summary
Two C-suite executives at D-Wave Quantum Inc. (QBTS) sold shares in the open market on March 13, 2026, totaling $233,357 in proceeds. The sales were modest in dollar value and represented routine divestitures by the CFO and Chief Legal Officer.
Key Financial Metrics
Direction
selling
Total Value
$233.4K
Insiders
2
Actionable Insight
Monitor for additional insider selling in the next 30 days; current activity is within normal range for executives managing personal holdings.
Key Facts
- CFO John Markovich sold 10,706 shares at $17.6278 for $188,723
- EVP & Chief Legal Officer Diane Nguyen sold 2,532 shares at $17.6278 for $44,634
- Both transactions were open-market sales (Form 4 code 'S')
- Total value of cluster: $233,357
- Sales represent approximately 0.0036% of QBTS's $6.4B market cap
Financial Impact
$233,357 in total open-market sales by two C-suite insiders
insider ownershipmarket sentiment
Risk Factors
- Perception of lack of confidence if selling continues ahead of key events
- Concentration risk in executive decision-making given limited number of insiders trading
Market Snapshot
Exchange
NYSE
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-QBTS-1773782959538 |
18 reports for QBTS
100%
Hit rate
best @ T+60▲ +46.88%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 12, 2026
2d ago
|
144
| $23.46 awaiting T+1 | awaiting T+1 | — | $23.37 (+0.38%) |
|
Jun 11, 2026
3d ago
|
Institutional Cluster
| $22.55 awaiting T+1 | awaiting T+1 | — | $23.37 (+3.64%) |
|
Jun 10, 2026
4d ago
|
Insider Cluster
| $22.90 awaiting T+1 | awaiting T+1 | — | $23.37 (+2.05%) |
|
Jun 9, 2026
5d ago
|
144
| $23.40 awaiting T+1 | awaiting T+1 | — | $23.37 (+0.13%) |
|
Jun 8, 2026
6d ago
|
144
| $25.84 awaiting T+1 | awaiting T+1 | — | $23.37 (−9.56%) |
|
Jun 8, 2026
6d ago
|
144
| $25.78 awaiting T+1 | awaiting T+1 | — | $23.37 (+9.35%) |
|
Jun 5, 2026
9d ago
|
144
| $23.56 awaiting T+1 | awaiting T+1 | — | $23.37 (−0.81%) |
|
Jun 2, 2026
12d ago
|
144
| $27.55 $27.64 | ▲ +0.33% | ▼ −0.08% | $23.37 (−15.17%) |
|
Jun 1, 2026
13d ago
|
8-K
| $29.18 $29.91 | ▲ +2.50% | ▲ +2.36% | $23.37 (−19.91%) |
|
May 27, 2026
18d ago
|
Insider Cluster
| $29.49 $30.14 | ▲ +2.20% | ▲ +1.96% | $23.37 (−20.75%) |
Showing 10 of 18
US Market Status
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