Arqit Quantum (ARQQ) Insider Manfredi Sells $170 of Stock

Lefebvre D'Ovidio Manfredi, an insider at Arqit Quantum Inc. (NasdaqCM: ARQQ), sold 113 shares of the company on June 29, 2026. The transaction was valued at $169.5, with each share sold at an average price of $1.50. This sale was not part of a pre-scheduled trading plan.

Insider Buying and Selling at Arqit Quantum Inc.

Lefebvre D'Ovidio Manfredi has been active in selling shares recently, with transactions occurring on consecutive days from June 23 to June 29, 2026. The sales included 492 shares at $1.80 each on June 23, and multiple transactions at $1.20 per share over the following days. Another insider, Jennifer Bers, the Chief Revenue Officer, sold 15,000 shares on June 22, 2026.

Other Institutional Activity in Arqit Quantum Inc.

Several institutional investors have adjusted their holdings in Arqit Quantum Inc. Penserra Capital Management LLC increased its stake by 73,656 shares, bringing its total to 1,452,311 shares valued at approximately $19.24 million. Similarly, Defiance ETFs, LLC mirrored this increase, holding the same number of shares and value. Mirae Asset Global ETFs Holdings Ltd. added 22,596 shares, ending with 324,309 shares worth around $4.29 million. In contrast, UBS Group AG reduced its position by 61,962 shares, now holding 85,435 shares valued at $1.13 million.

Arqit Quantum Inc. Stock Up 93.4%

On Wednesday, shares of Arqit Quantum Inc. (NasdaqCM: ARQQ) traded near $29.72. The technology company, which specializes in cybersecurity services, has a market cap of approximately $517.2 million. Despite a negative forward P/E ratio of -28.04, Arqit Quantum's stock has shown volatility with a 52-week range from $11.52 to $62.00. The company's 50-day moving average stands at $16.58, while the 200-day moving average is $24.29. Arqit Quantum has a high beta of 2.349, indicating significant stock price movement compared to the market.

Analysts Set New Price Targets

Analysts at HC Wainwright & Co. have consistently maintained a 'buy' rating for Arqit Quantum Inc. On October 13, 2025, the firm reiterated its 'buy' rating with a price target of $60.00. The consensus among analysts is optimistic, with a mean price target of $60.00 based on one analyst opinion.

About Arqit Quantum Inc.

Arqit Quantum Inc., headquartered in London, United Kingdom, provides cybersecurity solutions focused on quantum encryption. The company offers QuantumCloud, a platform that generates unbreakable encryption keys to secure data across satellite and terrestrial networks. Arqit Quantum collaborates with various partners, including RAD, to enhance quantum-safe encryption for telecom networks. Led by CEO Andrew James Leaver, the company employs around 87 people.

Bottom Line

Lefebvre D'Ovidio Manfredi's recent sales of Arqit Quantum Inc. shares highlight insider activity at the company. With a volatile stock price and institutional investors adjusting their positions, Arqit Quantum remains a company to watch. Analysts continue to support the stock with favorable ratings, although investors should remember that insider transactions are reported after the fact and may not reflect current holdings.