Manish H. Bhatia, Director at Quantinuum Inc. (QNT), bought 25,833 shares at $60.00 ($1.2M) on 2026-06-05, disclosed to the SEC on 2026-06-08.
Director Manish H. Bhatia purchased 20,000 shares for $1.2M at $60, marking the largest insider purchase in Quantinuum's history. This significant buyback comes as the stock faces volatility following its recent IPO debut.
Shares closed below the IPO offer price of $60 on June 5, dropping to $55.70, though they briefly opened at $68 on the debut day.
The largest insider purchase in the company's history occurred on June 5, signaling strong conviction from a Director. IBM CEO Arvind Krishna defended the reality of quantum computing on June 5, potentially mitigating recent skepticism.
The stock closed 6.8% below its IPO offer price of $60 on June 5, and Jim Cramer highlighted on June 8 that the company remains 'very unprofitable'.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.00 | 5,833 | $0 | 0.0% |
| 2 | $60.00 | 20,000 | $1.2M | 100.0% |
| Total | $46.45 avg | 25,833 | $1.2M | 100% |
| Filing → |
| MU | SELL | 2024-05-14 | $9.8M | — | Filing → |
| MU | SELL | 2024-05-08 | $12.7M | — | Filing → |
| MU | SELL | 2023-01-31 | $3.2M | — | Filing → |