William Scannell Buys Shares of IonQ, Inc.
William Scannell made a purchase of 4,526 shares in IonQ, Inc. on June 17, 2026.
Key Points
- William Scannell bought 4,526 shares of IonQ, Inc. on June 17, 2026, with no disclosed transaction value.
- IonQ, Inc. trades at $54.69 with a market cap of $20.41 billion and a forward P/E of -52.46.
- Peers like Morgan Stanley and Defiance ETFs have adjusted their positions in IonQ, Inc.
William Scannell recently acquired 4,526 shares of IonQ, Inc. (NYSE:IONQ) on June 17, 2026. The transaction did not have a disclosed monetary value, but it reflects continued interest in the quantum computing company.
Other Institutional Activity in IonQ, Inc.
Several other institutional investors have been active in IonQ, Inc. BlackRock, Inc. reduced its holdings by 206,608 shares, bringing its total to 29,870,942 shares valued at approximately $861.18 million. Meanwhile, Morgan Stanley increased its stake by 1,593,061 shares, reaching a total of 21,159,892 shares worth about $610.04 million. Defiance ETFs, LLC made a significant move by adding 8,929,328 shares, now holding 9,702,302 shares valued at $279.72 million.
IonQ, Inc. Stock Snapshot
Shares of IonQ, Inc. (NYSE:IONQ) traded near $54.69. The company boasts a market cap of $20.41 billion. It has a P/E ratio of 140.23, though its forward P/E is negative at -52.46, indicating expected losses. With a beta of 3.184, the stock is quite volatile. The stock's 52-week range spans from $25.89 to $84.64, and it has a 50-day moving average of $51.88.
Recent Earnings
IonQ, Inc. reported revenue of $187.12 million, reflecting a growth rate of 7.55%. The company's net margin stands at 1.75%, and its return on equity is 11.29%. Investors are looking forward to the next earnings report scheduled for August 5, 2026.
Insider Buying and Selling at IonQ, Inc.
On June 17, 2026, William Scannell purchased 4,526 shares without a disclosed price or value. On the same day, insiders William Teuber Jr. and Jim Frankola also bought 4,526 shares each. Notably, Inder Singh, CFO & COO, sold 2,617 shares on June 16, 2026, at an average price of $59.75.
Analysts Set New Price Targets
On May 7, 2026, JP Morgan maintained its hold rating on IonQ, Inc. with a $50.00 price target. Wedbush reiterated its buy rating on May 4, 2026, with a target of $60.00. The consensus among analysts is a strong buy, with a mean target price of $67.64 based on 13 analyst opinions.
About IonQ, Inc.
IonQ, Inc. is a technology company specializing in quantum computing systems. Based in College Park, Maryland, the company develops quantum computers that are accessible through major cloud platforms like AWS and Microsoft Azure. IonQ engages in quantum-safe communications and quantum detection systems, offering services ranging from hardware design to consulting on algorithm co-development. Led by CEO Niccolo Mcleod de Masi, the company employs over 1,100 people.
Bottom Line
William Scannell's recent purchase of IonQ, Inc. shares underscores the ongoing interest in the company. IonQ is a leader in quantum computing, a field that continues to attract significant investor attention. As a reminder, insider transactions provide insights into company sentiment but may not reflect current market conditions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.