Robert Cardillo Sells Shares of IonQ, Inc. (IONQ)
Robert Cardillo sold 904 shares of IonQ, Inc. on June 11, 2026, totaling $50,813.84.
Key Points
- Robert Cardillo sold 904 shares of IonQ, Inc. on June 11, 2026, for $50,813.84.
- IonQ, Inc. has a market cap of $21.59 billion and a P/E ratio of 148.3.
- Analysts have set a consensus target price of $67.64, with a strong buy recommendation.
Robert Cardillo, an insider at IonQ, Inc. (NYSE: IONQ), sold 904 shares of the company on June 11, 2026. The shares were sold at an average price of $56.21, bringing the total transaction value to $50,813.84. This transaction was not part of a prearranged trading plan.
Insider Buying and Selling at IonQ, Inc.
On the same day, several other insiders at IonQ, Inc. also sold shares. CFO & COO Singh Inder sold 6,272 shares at $56.21 each, while President and CEO Niccolo de Masi sold 16,120 shares at the same price. Additionally, CAO, CLO, and Secretary Paul Dacier sold 4,110 shares. These transactions were also not planned in advance.
Other Institutional Activity in IonQ, Inc.
Among IonQ's institutional investors, BlackRock, Inc. trimmed its position by 206,608 shares, ending with 29,870,942 shares valued at about $861.18 million. Morgan Stanley increased its holdings by 1,593,061 shares, reaching a total of 21,159,892 shares worth approximately $610.04 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both reported new positions, each holding 15,389,580 and 15,064,048 shares respectively. Defiance ETFs, LLC significantly boosted its stake by 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) recently traded around $58.51. The company boasts a market capitalization of $21.59 billion and a P/E ratio of 148.3. IonQ's stock has experienced a 52-week range between $25.89 and $84.64. The stock's 50-day moving average is $49.58, while the 200-day moving average stands at $48.91. IonQ has a current ratio of 14.05 and a quick ratio of 13.12, with a debt-to-equity ratio of 0.61.
Recent Earnings
IonQ, Inc. reported revenue of $187.12 million, reflecting a growth of 7.5%. The company's net margin is 1.75%, with a return on equity of 11.29%. Earnings per share stand at $0.39. The next earnings report is expected on May 6, 2026.
Analysts Set New Price Targets
Analysts have been active in updating their views on IonQ. On May 7, 2026, JP Morgan maintained a 'hold' rating with a $50 price target. Wedbush, on the same day, maintained a 'buy' rating, setting a target at $75. Northland Capital Markets initiated coverage with a 'buy' rating and a $55 target on April 20, 2026. The consensus among analysts is a 'strong buy', with a mean target price of $67.64 based on 13 opinions.
About IonQ, Inc.
IonQ, Inc. is a technology company that develops quantum computing systems. Headquartered in College Park, Maryland, IonQ operates in the U.S., Switzerland, and internationally. The company provides access to its quantum computers through cloud platforms like AWS, Azure, and Google Cloud. IonQ engages in quantum-safe communications and detection systems, offering contracts for specialized hardware, maintenance, support, and consulting services. Founded in 2015, IonQ is led by CEO Niccolo de Masi and employs approximately 1,132 people.
Bottom Line
Robert Cardillo's recent sale of IonQ shares is part of a broader insider activity trend at the company. While insider transactions can signal various motivations, they provide insight into insider sentiment. IonQ, with its strong market position and cutting-edge quantum computing technology, continues to attract attention from institutional investors and analysts. As always, keep in mind that insider trading data is backward-looking and should be one of many factors considered when evaluating a stock.
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