Lefebvre D'Ovidio Manfredi Sells Shares of Arqit Quantum Inc.
Insider Lefebvre D'Ovidio Manfredi sold 113 shares of Arqit Quantum Inc. on June 29.
Key Points
- Lefebvre D'Ovidio Manfredi sold 113 shares of Arqit Quantum Inc. (ARQQ) on June 29, 2026, for $169.5.
- Shares of ARQQ traded near $29.72 on Wednesday, with a 52-week range between $11.52 and $62.00.
- Analysts from HC Wainwright & Co. maintained a 'buy' rating with a $60.00 price target.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Lefebvre D'Ovidio Manfredi, an insider at Arqit Quantum Inc. (NasdaqCM: ARQQ), sold 113 shares of the company on June 29, 2026. The transaction was valued at $169.5, with each share sold at an average price of $1.50. This sale was not part of a pre-scheduled trading plan.
Insider Buying and Selling at Arqit Quantum Inc.
Lefebvre D'Ovidio Manfredi has been active in selling shares recently, with transactions occurring on consecutive days from June 23 to June 29, 2026. The sales included 492 shares at $1.80 each on June 23, and multiple transactions at $1.20 per share over the following days. Another insider, Jennifer Bers, the Chief Revenue Officer, sold 15,000 shares on June 22, 2026.
Other Institutional Activity in Arqit Quantum Inc.
Several institutional investors have adjusted their holdings in Arqit Quantum Inc. Penserra Capital Management LLC increased its stake by 73,656 shares, bringing its total to 1,452,311 shares valued at approximately $19.24 million. Similarly, Defiance ETFs, LLC mirrored this increase, holding the same number of shares and value. Mirae Asset Global ETFs Holdings Ltd. added 22,596 shares, ending with 324,309 shares worth around $4.29 million. In contrast, UBS Group AG reduced its position by 61,962 shares, now holding 85,435 shares valued at $1.13 million.
Arqit Quantum Inc. Stock Up 48.3%
On Wednesday, shares of Arqit Quantum Inc. (NasdaqCM: ARQQ) traded near $29.72. The technology company, which specializes in cybersecurity services, has a market cap of approximately $517.2 million. Despite a negative forward P/E ratio of -28.04, Arqit Quantum's stock has shown volatility with a 52-week range from $11.52 to $62.00. The company's 50-day moving average stands at $16.58, while the 200-day moving average is $24.29. Arqit Quantum has a high beta of 2.349, indicating significant stock price movement compared to the market.
$ARQQ stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analysts at HC Wainwright & Co. have consistently maintained a 'buy' rating for Arqit Quantum Inc. On October 13, 2025, the firm reiterated its 'buy' rating with a price target of $60.00. The consensus among analysts is optimistic, with a mean price target of $60.00 based on one analyst opinion.
About Arqit Quantum Inc.
Arqit Quantum Inc., headquartered in London, United Kingdom, provides cybersecurity solutions focused on quantum encryption. The company offers QuantumCloud, a platform that generates unbreakable encryption keys to secure data across satellite and terrestrial networks. Arqit Quantum collaborates with various partners, including RAD, to enhance quantum-safe encryption for telecom networks. Led by CEO Andrew James Leaver, the company employs around 87 people.
Bottom Line
Lefebvre D'Ovidio Manfredi's recent sales of Arqit Quantum Inc. shares highlight insider activity at the company. With a volatile stock price and institutional investors adjusting their positions, Arqit Quantum remains a company to watch. Analysts continue to support the stock with favorable ratings, although investors should remember that insider transactions are reported after the fact and may not reflect current holdings.
Get Arqit Quantum Inc. alerts
New 13F filings, insider trades, and analyst moves on $ARQQ, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.