IonQ CFO Inder Singh Sells Shares Worth $352,549
Inder Singh, CFO & COO of IonQ, sold 6,272 shares on June 11, 2026.
Key Points
- Inder Singh, CFO & COO of IonQ, sold 6,272 shares at an average price of $56.21, totaling $352,549 on June 11, 2026.
- IonQ's stock is trading at $58.51, with a market cap of approximately $21.6 billion and a P/E ratio of 148.3.
- Institutional investors like Morgan Stanley and Defiance ETFs have recently adjusted their positions in IonQ.
Inder Singh, the CFO and COO of IonQ, Inc., recently sold 6,272 shares of the company. This transaction, which occurred on June 11, 2026, was valued at approximately $352,549, with an average selling price of $56.21 per share. This sale was not part of a pre-planned trading arrangement.
Insider Buying and Selling at IonQ, Inc.
In addition to Inder Singh's sale, several other insiders at IonQ also sold shares on the same day. This includes Robert Cardillo, who sold 904 shares, Niccolo de Masi, the President and CEO, who sold 16,120 shares, and Paul Dacier, the CAO, CLO, and Secretary, who sold 4,110 shares. These transactions were all executed at the same average price of $56.21 per share.
Other Institutional Activity in IonQ
Institutional investors have also been active in IonQ recently. Morgan Stanley increased its holdings by 1,593,061 shares, bringing its total to 21,159,892 shares valued at about $610 million. Defiance ETFs, LLC significantly boosted its position by 8,929,328 shares, ending with 9,702,302 shares worth approximately $280 million. On the other hand, BlackRock, Inc. reduced its stake slightly by 206,608 shares, maintaining 29,870,942 shares valued at around $861 million.
IonQ Stock Snapshot
Shares of IonQ, trading on the NYSE under the ticker IONQ, are currently priced at $58.51. The company boasts a market capitalization of roughly $21.6 billion and a P/E ratio of 148.3. IonQ's stock has seen a 52-week range from a low of $25.89 to a high of $84.64. It has a 50-day moving average of $49.58 and a 200-day moving average of $48.91. With a current ratio of 14.05 and a quick ratio of 13.12, the company maintains a strong liquidity position.
Analysts Set New Price Targets
Analysts have been updating their views on IonQ. On May 7, 2026, JP Morgan maintained its "hold" rating with a price target of $50. Wedbush also maintained a "buy" rating, setting a target of $75 on the same date. 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 specializing in quantum computing systems. Headquartered in College Park, Maryland, IonQ develops and sells access to quantum computers with various qubit capacities. The company provides its services through cloud platforms such as AWS, Azure Quantum, and Google Cloud Marketplace. IonQ also engages in quantum-safe communications and detection systems, offering a range of related services including maintenance, support, and consulting. Founded in 2015, the company is led by CEO Niccolo de Masi and employs over 1,100 people.
Bottom Line
Inder Singh's recent sale of IonQ shares is part of a broader trend of insider transactions at the company. While insider selling can sometimes raise questions, it's important to consider the context and overall market activity. IonQ continues to be a focus for institutional investors and analysts, reflecting ongoing interest in its quantum computing potential. Remember, insider transactions are disclosed after the fact and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.