Summary
QuantumScape (NYSE: QS) Chief Technology Officer Timothy Holme executed a block of sales on March 5, 2026, disposing of 127,077 shares of Class A Common Stock for roughly $1.1 million. The trades were carried out across multiple transactions at a weighted average price of $6.8646, with individual trade prices reported in the range of $6.715 to $6.965. The company’s stock closed that day at $6.69, below its 52-week high of $19.07, though shares are up 49% over the past year amid recent volatility.
Details from SEC Filing
According to a Form 4 filing with the Securities and Exchange Commission, Holme also sold 34,254 shares of Class A Common Stock held by The Holme 2020 Irrevocable Trust at the same weighted average price. Following that transaction, the filing shows the trust holds zero shares of Class A Common Stock. The Form 4 also records conversions: on the same date, Holme converted 127,077 shares of Class B Common Stock into Class A Common Stock, and The Holme 2020 Irrevocable Trust converted 34,254 shares of Class B Common Stock into Class A Common Stock.
Corporate and Market Context
Separately from the insider transactions, QuantumScape reported fourth-quarter 2025 earnings that matched analyst expectations with an earnings per share of -$0.17. The company did not issue a revenue forecast for the quarter. Analyst activity around the name has been mixed: HSBC raised its rating from Reduce to Hold and set a price target of $8.30, citing progress toward 2025 operational targets such as integrating Cobra into cell production and broadening commercial agreements. In contrast, TD Cowen trimmed its price target to $8 from $16 but maintained a Hold rating, pointing to challenges in the electric vehicle market that it says are affecting production timelines.
Board Appointment
In corporate governance news disclosed alongside these items, QuantumScape appointed Ross Niebergall to its board of directors. The filing notes Niebergall’s experience in the defense sector, including leadership roles at Aerojet Rocketdyne and L3Harris.
Market Signals
An InvestingPro analysis referenced in filings indicates QuantumScape appears undervalued at current levels and that the platform tracks more than 10 additional ProTips for deeper insight. The company’s combination of insider activity, mixed analyst adjustments and reported operational progress frames a complex near-term picture for the battery and electric vehicle supply chain segments.
Key points
- Holme sold 127,077 Class A shares on March 5, 2026, at a weighted average price of $6.8646; The Holme 2020 Irrevocable Trust sold 34,254 Class A shares at the same weighted average price and now holds zero Class A shares.
- Holme and the trust converted the same number of Class B shares into Class A shares on the same day, as reflected in the SEC Form 4 filing.
- Recent corporate updates include Q4 2025 EPS of -$0.17 with no revenue guidance, an HSBC upgrade to Hold with an $8.30 target, a TD Cowen price target cut to $8, and the appointment of Ross Niebergall to the board.
Risks and uncertainties
- Production timeline risk - TD Cowen cites challenges in the electric vehicle market that could affect QuantumScape’s production schedules, which has implications for the EV and battery sectors.
- Revenue visibility risk - the company did not provide a revenue forecast for the quarter, leaving near-term top-line expectations unclear for investors and supply chain partners.
- Share price volatility - despite a 49% gain over the past year, the stock trades well below its 52-week high and has experienced recent volatility, presenting market risk for equity holders and related index exposures.