GuruFocus - Chief Technology Officer Timothy Holme of QuantumScape Corp (NYSE:QS) executed a sale of 44,306 shares on August 21, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 1,168,496 shares of the company.
QuantumScape Corp specializes in the development of solid-state lithium-metal batteries for electric vehicles. The company's innovative technology aims to increase the range and efficiency of electric vehicles, positioning it as a key player in the automotive industry's shift towards electric mobility.
Over the past year, Timothy Holme has sold a total of 44,306 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed within QuantumScape Corp, where there have been 34 insider sells and no insider buys over the past year.
Shares of QuantumScape Corp were trading at $6.11 on the day of the transaction, bringing the company's market cap to approximately $3.09 billion. This valuation reflects the market's current assessment of the company amidst its ongoing developments and market position.
The following insider trend image provides a visual representation of the recent insider transactions at QuantumScape Corp:
For more detailed valuation metrics such as GF Value, price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, investors and analysts can gain further insights into the financial health and future prospects of QuantumScape Corp.
This insider sale may be of interest to current and potential investors trying to understand the recent actions of key executives within QuantumScape Corp and how these might reflect on the company's current state and future developments.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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