D-Wave Quantum EVP Diane Nguyen Sells Shares

Diane Nguyen, Executive Vice President and Chief Legal Officer at D-Wave Quantum Inc., sold 3,191 shares of the company on June 15, 2026. The shares were sold at an average price of $23.37, bringing the total transaction value to $74,573.67. This sale was not part of a pre-planned trading program.

Insider Buying and Selling at D-Wave Quantum Inc.

On the same day, several other insiders also sold shares of D-Wave Quantum. Rohit Ghai sold 13,518 shares at $26.41 each as part of a planned transaction. John Markovich, the CFO, sold 10,584 shares at $23.37 and an additional 200,000 shares at $25.71. Stanley Black, EVP and CISO, sold 1,535 shares at $23.37, and Sophie Ames, EVP and CHRO, sold 1,544 shares at the same price.

Other Institutional Activity in D-Wave Quantum Inc.

Institutional investors have been active in D-Wave Quantum as well. BlackRock, Inc. grew its holdings by 1,955,487 shares, ending with 30,153,928 shares worth about $435.1 million. Vanguard Portfolio Management LLC added 20,793,131 shares, bringing its total to the same number with a value of $300 million. Vanguard Capital Management LLC also increased its position by 15,851,525 shares, to a total of 15,851,525 shares, valued at $228.7 million. Meanwhile, UBS Group AG reduced its holdings by 393,859 shares, leaving it with 9,869,575 shares worth approximately $142.4 million. Geode Capital Management, LLC added 645,018 shares, now holding 9,039,744 shares valued at $131.9 million.

D-Wave Quantum Inc. Stock Up 40.9%

Shares of NYSE:QBTS recently traded at $26.26. D-Wave Quantum Inc. has a market capitalization of about $9.73 billion. The company is not profitable, as indicated by its negative forward P/E ratio of -68.27. The stock's beta is 2.055, suggesting higher volatility compared to the market. Over the past 52 weeks, the stock has traded between $12.75 and $46.75. It has a 50-day moving average of $21.90 and a 200-day moving average of $23.74.

Analysts Set New Price Targets

Analysts continue to show confidence in D-Wave Quantum. On June 15, 2026, Mizuho maintained its 'buy' rating with a price target of $35. Earlier, on June 2, B. Riley Securities and Roth Capital also maintained 'buy' ratings with targets of $40. Canaccord Genuity and Rosenblatt reiterated 'buy' ratings with targets of $41 and $43, respectively. The consensus rating is a 'strong buy' with an average target price of $36.84, based on 15 analyst opinions.

About D-Wave Quantum Inc.

D-Wave Quantum Inc. is a technology company based in Palo Alto, California, specializing in quantum computing systems, software, and services. The company offers products like the Advantage and Advantage 2 quantum computers, Ocean open-source tools, and Leap quantum cloud services. D-Wave's solutions cater to various industries, including logistics, drug discovery, and industrial design. Founded in 1999, the company is led by CEO Dr. Alan E. Baratz and employs 382 people.

Bottom Line

Diane Nguyen's recent sale of shares at D-Wave Quantum Inc. is part of a broader pattern of insider transactions. While the stock remains volatile, institutional investors show continued interest, and analysts maintain a positive outlook. It's important to note that these insider sales and institutional moves are backward-looking and may not indicate future performance.