D-Wave quantum EVP Ames sells $52,041 in stock By Investing.com
Sophie C. Ames, Executive Vice President and CHRO of D-Wave Quantum Inc. (), sold shares of the company’s common stock totaling $52,041 on July 20, 2026.
Ms. Ames disposed of 3,070 shares at a weighted average price of $16.9517 per share. The sales occurred in multiple transactions with prices ranging from $16.72 to $17.48. This transaction was executed automatically pursuant to a Rule 10b5-1 trading plan, which Ms. Ames adopted on June 13, 2025, and later modified on September 12, 2025.
Following this transaction, Ms. Ames beneficially owns 589,009 shares of D-Wave Quantum common stock, which includes 583,019 unvested restricted stock units.The sale comes as D-Wave’s stock trades at $16.18, down 32.56% year-to-date and well below its 52-week high of $46.75. According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value estimate, placing it among companies on the Most Overvalued list. An InvestingPro tip notes the stock generally trades with high price volatility. For deeper insights, investors can access the comprehensive Pro Research Report, available for D-Wave and 1,400+ other US equities.
In other recent news, D-Wave Quantum Inc. announced that AT&T will expand its use of the company’s quantum computing technology across its network operations. This partnership aims to integrate D-Wave’s annealing systems into AT&T’s agentic AI tools, which have already proven effective in optimizing field operations. Analysts have reacted positively to this development, with Rosenblatt and Stifel both reiterating Buy ratings for D-Wave Quantum, setting price targets at $43 and $35, respectively. Benchmark also initiated coverage of D-Wave Quantum with a Buy rating and a $30 price target, reflecting optimism in the quantum computing sector.
Additionally, D-Wave Quantum plans to transfer its stock listing from the New York Stock Exchange to Nasdaq, effective July 27, 2026, after meeting all necessary listing requirements. This strategic move is part of the company’s ongoing efforts to align with Nasdaq’s market environment. The expansion of the partnership with AT&T and the stock transfer to Nasdaq are significant steps for D-Wave Quantum, highlighting the company’s progress and future potential in the quantum computing industry.
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