Henk Jan Spanjaard Sells 935 Shares of Quantum Co. (NASDAQ:QMCO) Stock

Quantum Co. (NASDAQ:QMCO) CRO Henk Jan Spanjaard sold 935 shares of the company’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $35.68, for a total value of $33,360.80. Following the completion of the sale, the executive now directly owns 14,903 shares in the company, valued at approximately $531,739.04. The trade was a 5.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Henk Jan Spanjaard also recently made the following trade(s):

• On Friday, November 8th, Henk Jan Spanjaard sold 394 shares of Quantum stock. The shares were sold at an average price of $4.43, for a total transaction of $1,745.42.

Quantum Price Performance

Shares of QMCO opened at $32.60 on Friday. Quantum Co. has a 52 week low of $2.22 and a 52 week high of $90.64. The business’s 50 day moving average price is $27.38 and its 200-day moving average price is $12.87.

Institutional Investors Weigh In On Quantum

A hedge fund recently bought a new stake in Quantum stock. Arkadios Wealth Advisors purchased a new position in Quantum Co. (NASDAQ:QMCO) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 8,642 shares of the company’s stock, valued at approximately $466,000. Arkadios Wealth Advisors owned approximately 0.18% of Quantum at the end of the most recent reporting period. Institutional investors and hedge funds own 63.66% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Northland Securities reissued a “market perform” rating and set a $5.00 price target (up from $0.25) on shares of Quantum in a research report on Thursday, November 14th.

Quantum Company Profile

Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Myriad All-Flash File and Object Storage Software for high performance enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, enriching video, audio, and image files, and workflow orchestration.