Henk Jan Spanjaard Sells 935 Shares of Quantum Co. (NASDAQ:QMCO) Stock

Quantum Co. (NASDAQ:QMCO) CRO Henk Jan Spanjaard sold 935 shares of the company’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $35.68, for a total transaction of $33,360.80. Following the sale, the executive now directly owns 14,903 shares in the company, valued at $531,739.04. This represents a 5.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Henk Jan Spanjaard also recently made the following trade(s):

• On Friday, November 8th, Henk Jan Spanjaard sold 394 shares of Quantum stock. The stock was sold at an average price of $4.43, for a total value of $1,745.42.

Quantum Stock Down 15.5 %

NASDAQ QMCO traded down $5.97 on Friday, hitting $32.60. 1,578,688 shares of the company were exchanged, compared to its average volume of 2,276,472. Quantum Co. has a 1-year low of $2.22 and a 1-year high of $90.64. The firm has a 50 day moving average of $26.82 and a two-hundred day moving average of $12.70.

Hedge Funds Weigh In On Quantum

An institutional investor recently bought a new position in Quantum stock. Arkadios Wealth Advisors acquired a new position in Quantum Co. (NASDAQ:QMCO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 8,642 shares of the company’s stock, valued at approximately $466,000. Arkadios Wealth Advisors owned about 0.18% of Quantum at the end of the most recent reporting period. 63.66% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Northland Securities reiterated a “market perform” rating and issued a $5.00 price objective (up previously from $0.25) on shares of Quantum in a research report on Thursday, November 14th.

Quantum Company Profile

Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Myriad All-Flash File and Object Storage Software for high performance enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, enriching video, audio, and image files, and workflow orchestration.