DNB Asset Management AS Buys 89,866 Shares of QuantumScape Corporation $QS

DNB Asset Management AS raised its stake in QuantumScape Corporation (NYSE:QS) by 29.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 390,958 shares of the company’s stock after acquiring an additional 89,866 shares during the period. DNB Asset Management AS owned approximately 0.07% of QuantumScape worth $4,817,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in QuantumScape by 1.2% in the third quarter. Vanguard Group Inc. now owns 36,635,232 shares of the company’s stock valued at $451,346,000 after acquiring an additional 422,378 shares during the last quarter. Thames Capital Management LLC bought a new stake in QuantumScape during the second quarter worth $2,792,000. IFG Advisory LLC acquired a new stake in shares of QuantumScape in the 2nd quarter valued at $121,000. State of New Jersey Common Pension Fund D bought a new position in shares of QuantumScape in the 3rd quarter valued at $3,330,000. Finally, Norges Bank bought a new position in shares of QuantumScape in the 2nd quarter valued at $2,272,000. 29.87% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on the company. HSBC upgraded QuantumScape from a “reduce” rating to a “hold” rating and dropped their price objective for the stock from $10.50 to $8.30 in a research report on Wednesday, February 18th. TD Cowen reissued a “hold” rating on shares of QuantumScape in a research note on Wednesday, February 18th. Morgan Stanley dropped their target price on shares of QuantumScape from $12.00 to $8.50 and set an “equal weight” rating for the company in a report on Wednesday, February 18th. Robert W. Baird set a $12.00 price target on shares of QuantumScape in a report on Thursday, February 12th. Finally, Evercore reiterated an “in-line” rating and set a $12.00 price objective (up from $8.00) on shares of QuantumScape in a research report on Monday, November 24th. Six analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $8.98.

Insider Buying and Selling at QuantumScape

In other news, CTO Timothy Holme sold 166,440 shares of the firm’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $12.69, for a total transaction of $2,112,123.60. Following the completion of the transaction, the chief technology officer owned 1,251,383 shares of the company’s stock, valued at approximately $15,880,050.27. This trade represents a 11.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dipender Saluja sold 2,613,121 shares of QuantumScape stock in a transaction on Monday, December 15th. The stock was sold at an average price of $11.01, for a total transaction of $28,770,462.21. Following the transaction, the director owned 9,892,934 shares in the company, valued at approximately $108,921,203.34. This trade represents a 20.89% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 4,156,603 shares of company stock worth $45,958,623. 5.48% of the stock is currently owned by company insiders.

QuantumScape Stock Performance

Shares of QS stock opened at $6.92 on Monday. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of -8.54 and a beta of 2.51. The company has a current ratio of 21.14, a quick ratio of 21.14 and a debt-to-equity ratio of 0.02. The business’s 50-day moving average price is $9.49 and its 200-day moving average price is $11.42. QuantumScape Corporation has a 12 month low of $3.40 and a 12 month high of $19.07.

QuantumScape (NYSE:QS) last issued its quarterly earnings data on Wednesday, February 11th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.01). During the same quarter last year, the company posted ($0.22) EPS. The company’s revenue for the quarter was up .0% on a year-over-year basis. Equities research analysts forecast that QuantumScape Corporation will post -0.82 EPS for the current year.

Key QuantumScape News

Here are the key news stories impacting QuantumScape this week:

• Positive Sentiment: Eagle Line and Cobra are moving from lab to pilot production — the company is shifting the story from R&D milestones to manufacturing execution, which could materially re-rate the stock if the pilot line proves repeatable and yields improve. Eagle Line and Cobra Could Redefine QS Commercialization Timelines
• Positive Sentiment: Progress on the Cobra separator integration, shipments of QSE-5 B1 sample cells and an expanded collaboration/licensing path with Volkswagen PowerCo (potentially up to ~40 GWh) provide clearer commercialization routes and partner validation if vehicle-level testing and scale-up meet targets. How QS’s Cobra Process and VW Deal Have Changed Its Solid‑State Battery Investment Story
• Neutral Sentiment: Analyst coverage is mixed: some firms have nudged ratings to Hold (HSBC upgraded Reduce→Hold but lowered its PT), while consensus remains conservative — the sell-side has trimmed targets and many maintain Hold/Reduce views, leaving limited upside from analyst catalysts alone. What Wall Street Thinks About QuantumScape (QS)
• Negative Sentiment: Insider selling: CFO Kevin Hettrich sold 9,800 shares in late February, a small but visible reduction in insider ownership that can amplify short-term negative sentiment in a stock already sensitive to execution risk. SEC Filing: Insider Sale by Kevin Hettrich
• Negative Sentiment: Despite technological progress and cost discipline, recent financials still show ongoing losses and the market has punished momentum (notable short-term share declines). That combination keeps QS subject to downside until pilot-line metrics, yields and unit economics are demonstrably improving. QuantumScape (QS) Valuation After Reduced Losses

QuantumScape Profile

QuantumScape Corporation is a development-stage company specializing in the research and commercialization of next-generation solid-state lithium-metal batteries for electric vehicles. The company’s core technology replaces the traditional liquid electrolyte with a solid ceramic separator, aiming to deliver higher energy density, faster charging times and enhanced safety compared to conventional lithium-ion cells. QuantumScape’s product roadmap focuses on enabling electric vehicle manufacturers to extend driving range and reduce charging downtime, addressing key barriers to widespread EV adoption.

Founded in 2010 and headquartered in San Jose, California, QuantumScape has attracted significant strategic investment and formed partnerships with leading automotive OEMs.