March 12, 2025

Ron Finklestien

Director of $IONQ Acquires 93,066 Shares in Major Insider Purchase

IONQ Insider Trades Surge as Hedge Fund Activity Ramps Up

William F. Scannell, a director at $IONQ, purchased 93,066 shares of the company on March 12, 2025, for an estimated $2,029,508. This insider transaction was highlighted by Quiver Quantitative based on recent SEC filings. With this acquisition, Scannell’s holdings in this class of stock increased by about 221.7%, bringing his total ownership to 135,047 shares of $IONQ.

Recent Insider Trading at $IONQ

In the past six months, insiders at $IONQ have engaged in trading activities on 16 occasions. Among these transactions, there was one purchase alongside 15 sales.

Here’s a summary of the recent insider trading activity for $IONQ:

  • PETER HUME CHAPMAN (Executive Chair) executed 3 sales without any purchases, selling 2,018,184 shares for approximately $37,873,369.
  • WILLIAM F. SCANNELL bought 93,066 shares for an estimated $2,029,508.
  • RIMA ALAMEDDINE (Chief Revenue Officer) conducted 10 sales with no purchases, selling 97,012 shares for around $1,696,873.
  • THOMAS G. KRAMER (Chief Financial Officer) made 2 sales and no purchases, selling 13,667 shares for about $319,039.

For more details on insider transactions, visit Quiver Quantitative’s insider trading dashboard.

Hedge Fund Activity Involving $IONQ

Recently, 257 institutional investors have added shares of $IONQ to their portfolios, while 121 have reduced their holdings in the most recent quarter.

Notable changes in institutional positions include:

  • MORGAN STANLEY increased its portfolio by adding 3,261,534 shares (+108.6%) in Q4 2024, valued at approximately $136,234,275.
  • UBS GROUP AG significantly increased its holding by acquiring 2,340,443 shares (+1769.9%) for about $97,760,304 in the same quarter.
  • JPMORGAN CHASE & CO added 2,293,231 shares (+1310.9%), bringing its total investment to around $95,788,258.
  • In contrast, SG AMERICAS SECURITIES, LLC removed 2,276,293 shares (-99.6%) from its portfolio, approximating $95,080,758.
  • ACME, LLC reduced its holdings by 1,945,671 shares (-82.7%), valued at about $81,270,677.
  • AMAZON COM INC divested all of its holdings, offloading 1,927,061 shares (-100.0%), approximately worth $80,493,337.
  • SOFTBANK GROUP CORP. also eliminated its position with a removal of 1,593,315 shares (-100.0%), valued at around $66,552,767.

To monitor hedge funds’ stock portfolios, access Quiver Quantitative’s institutional holdings dashboard.

This article is not financial advice. For more information, please review Quiver Quantitative’s disclaimers.

This article was originally published on Quiver News; read the full story.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.


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