Jim Frankola Purchases IonQ Shares

Jim Frankola acquired 4,526 shares of IonQ, Inc. on June 17, 2026.

Written by EarningsIQ · Published Jun 18, 2026, 10:00 PM EDT · Updated Jun 18, 2026, 11:01 PM EDT

Key Points

Jim Frankola bought 4,526 shares of IonQ, Inc. on June 17, 2026, as part of insider trading activity.
IonQ, Inc. trades at $54.69 with a market cap of $20.41 billion, a P/E ratio of 140.23, and a 52-week range of $25.89 to $84.64.
Peers like Morgan Stanley increased their IonQ holdings, while others like BlackRock reduced theirs.

Jim Frankola recently made a move in the stock market by purchasing 4,526 shares of IonQ, Inc. (NYSE:IONQ) on June 17, 2026. This insider transaction was not part of a pre-planned trading program.

Insider Buying and Selling at IonQ, Inc.

Jim Frankola wasn't the only one active in IonQ's shares. On the same day, William Teuber Jr. and William Scannell each acquired 4,526 shares. Meanwhile, Inder Singh, the company's CFO and COO, sold shares twice in June, including 2,617 shares on June 16 at an average price of $59.75.

Other Institutional Activity in IonQ

IonQ has seen varied activity from institutional investors. Morgan Stanley increased its position by 1,593,061 shares, bringing its total to 21,159,892 shares valued at about $610.04 million. On the other hand, BlackRock trimmed its holdings by 206,608 shares, maintaining 29,870,942 shares worth approximately $861.18 million. Defiance ETFs made a significant move, boosting its stake by 8,929,328 shares to 9,702,302 shares, valued at $279.72 million.

IonQ, Inc. Stock Snapshot

Shares of IonQ, Inc. are currently trading around $54.69. The company has a market capitalization of $20.41 billion and a P/E ratio of 140.23. Its stock shows considerable volatility with a beta of 3.184, trading between a 52-week low of $25.89 and a high of $84.64. The company's 50-day and 200-day moving averages are $51.88 and $49.22, respectively.

Recent Earnings

IonQ reported revenue of $187.12 million, reflecting a growth of 7.55%. The net margin stands at 1.75%, with a return on equity of 11.29%. Investors can look forward to the next earnings report on August 5, 2026.

Analysts Set New Price Targets

On May 7, 2026, JP Morgan maintained its 'hold' rating for IonQ with a price target of $50. Meanwhile, Wedbush reiterated its 'buy' rating, setting a target at $75. The consensus among 13 analysts is a 'strong buy', with an average target price of $67.64.

About IonQ, Inc.

IonQ, Inc. is a technology company specializing in quantum computing systems. Headquartered in College Park, Maryland, the company offers access to quantum computers through major cloud platforms like AWS and Microsoft's Azure Quantum. IonQ is led by CEO Mr. Niccolo Mcleod de Masi and employs over 1,100 people.

Bottom Line

Jim Frankola's recent purchase of IonQ shares is part of a broader pattern of insider activity at the company. Investors keep a close eye on such transactions to gauge insider sentiment. IonQ's stock remains volatile, reflecting its position in the emerging quantum computing sector. As always, it's important to remember that insider trades are reported after the fact and may not reflect current positions.