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

Quantum Co. (NASDAQ:QMCO) CRO Henk Jan Spanjaard sold 935 shares of Quantum stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $35.68, for a total value of $33,360.80. Following the completion of the sale, the executive now directly owns 14,903 shares of the company’s stock, valued at approximately $531,739.04. This represents a 5.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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 %

Shares of QMCO stock opened at $32.60 on Monday. Quantum Co. has a fifty-two week low of $2.22 and a fifty-two week high of $90.64. The firm’s 50 day moving average price is $27.38 and its two-hundred day moving average price is $12.91.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Quantum

A hedge fund recently bought a new stake in Quantum stock. Arkadios Wealth Advisors acquired a new stake in Quantum Co. (NASDAQ:QMCO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 8,642 shares of the company’s stock, valued at approximately $466,000. Arkadios Wealth Advisors owned approximately 0.18% of Quantum as of its most recent SEC filing. 63.66% of the stock is currently owned by institutional investors.

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.