Sophie Ames Sells Shares of D-Wave Quantum Inc.

D-Wave's EVP & CHRO Sophie Ames sold 1,544 shares valued at $36,083.

Written by EarningsIQ · Published Jun 16, 2026, 6:01 PM EDT · Updated Jun 16, 2026, 7:01 PM EDT

Key Points

Sophie Ames, Exec. Vice President & CHRO of D-Wave Quantum, sold 1,544 shares worth $36,083 on June 15, 2026.
D-Wave Quantum Inc., trading at $26.26, has a market cap of $9.73 billion and a beta of 2.055.
Analysts maintain a strong buy consensus with a target mean price of $36.84, despite recent insider sales.

Sophie Ames, the Executive Vice President and Chief Human Resources Officer of D-Wave Quantum Inc. (NYSE:QBTS), sold 1,544 shares of the company on June 15, 2026. The shares were sold at an average price of $23.37, bringing the total transaction value to $36,083. This insider transaction was not part of a pre-planned trading program.

Other Institutional Activity in D-Wave Quantum

Several large funds have recently adjusted their positions in D-Wave Quantum. BlackRock, Inc. increased its holdings by 1,955,487 shares, ending with 30,153,928 shares valued at approximately $435.1 million. Vanguard Portfolio Management LLC took a new position with 20,793,131 shares worth about $300 million. Vanguard Capital Management LLC also established a new stake, holding 15,851,525 shares valued at $228.7 million. Meanwhile, UBS Group AG reduced its position by 393,859 shares, leaving it with 9,869,575 shares valued at $142.4 million. Geode Capital Management, LLC added 645,018 shares to hold a total of 9,039,744 shares, valued at $131.9 million.

D-Wave Quantum Inc. Stock Snapshot

Shares of NYSE:QBTS traded near $26.26. D-Wave Quantum Inc. has a market capitalization of approximately $9.73 billion. The company does not have a meaningful forward P/E ratio, as it is not currently profitable. The stock's beta is 2.055, indicating higher volatility compared to the market. Over the past year, the stock has ranged from a low of $12.75 to a high of $46.75. It has a 50-day moving average of $21.90 and a 200-day moving average of $23.74.

Insider Buying and Selling at D-Wave Quantum Inc.

In addition to Sophie Ames, several other insiders executed sales on June 15, 2026. John Markovich, the Chief Financial Officer, sold 10,584 shares at $23.37 per share. Stanley Black, Executive Vice President & Chief Information Security Officer, sold 1,535 shares at the same price. Diane Nguyen, EVP, Chief Legal Officer & General Counsel, sold 3,191 shares. These transactions were not conducted under pre-planned trading arrangements.

Analysts Set New Price Targets

On June 15, 2026, Mizuho maintained its 'buy' rating for D-Wave Quantum with a price target of $35. B. Riley Securities and Roth Capital also maintained their 'buy' ratings earlier in the month with targets of $40. Overall, the stock has a strong buy consensus rating, with an average target price of approximately $36.84 from 15 analysts.

About D-Wave Quantum Inc.

D-Wave Quantum Inc. is a technology company based in Palo Alto, California, specializing in quantum computing systems and services. The company offers a range of products, including the Advantage and Advantage 2 quantum computers, and a suite of open-source tools known as Ocean. D-Wave also provides a cloud-based service called Leap, which offers real-time access to quantum computers. Led by CEO Dr. Alan E. Baratz, the company employs 382 people and serves industries such as logistics optimization, drug discovery, and portfolio management.

Bottom Line

Sophie Ames' recent sale of D-Wave Quantum shares is part of broader insider activity at the company. With a market cap of $9.73 billion, D-Wave remains a significant player in the quantum computing space despite its lack of profitability. Investors continue to watch the company closely, as its stock is subject to high volatility and strong analyst support. Note that insider transactions like Ames' sale are disclosed after the fact and may not reflect current holdings.