IonQ, Inc. (NYSE:IONQ – Get Free Report) CRO Rima Alameddine sold 20,047 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $18.57, for a total transaction of $372,272.79. Following the completion of the sale, the executive now owns 572,568 shares in the company, valued at $10,632,587.76. This represents a 3.38 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Rima Alameddine also recently made the following trade(s):
- On Thursday, March 6th, Rima Alameddine sold 1,407 shares of IonQ stock. The stock was sold at an average price of $21.20, for a total transaction of $29,828.40.
IonQ Stock Performance
Shares of NYSE IONQ opened at $25.16 on Friday. The company has a market cap of $5.61 billion, a P/E ratio of -31.06 and a beta of 2.50. The firm’s fifty day moving average is $34.02 and its two-hundred day moving average is $25.86. IonQ, Inc. has a 52-week low of $6.22 and a 52-week high of $54.74.
Institutional Trading of IonQ
Wall Street Analyst Weigh In
Several research firms have weighed in on IONQ. Craig Hallum increased their price target on shares of IonQ from $22.00 to $45.00 and gave the stock a “buy” rating in a research report on Friday, December 20th. Needham & Company LLC reiterated a “buy” rating and issued a $54.00 price target on shares of IonQ in a research report on Thursday, February 27th. DA Davidson upgraded shares of IonQ to a “strong-buy” rating in a research report on Thursday, February 20th. The Goldman Sachs Group increased their price target on shares of IonQ from $16.00 to $30.00 and gave the stock a “neutral” rating in a research report on Friday, January 10th. Finally, Benchmark decreased their price target on shares of IonQ from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, February 27th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $44.80.
Read Our Latest Report on IonQ
About IonQ
IonQ, Inc engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft’s Azure Quantum, and Google’s Cloud Marketplace, as well as through its cloud service.
Featured Stories
- Five stocks we like better than IonQ
- What is a Stock Market Index and How Do You Use Them?
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- The 3 Best Retail Stocks to Shop for in August
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for IonQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IonQ and related companies with MarketBeat.com's FREE daily email newsletter.