Insiders Sell $857 Million of IonQ, Rigetti and D-Wave Shares as Buying Nearly Vanishes
Updated
Updated · The Motley Fool · Jun 25
Insiders Sell $857 Million of IonQ, Rigetti and D-Wave Shares as Buying Nearly Vanishes
3 articles · Updated · The Motley Fool · Jun 25
Summary
$857 million in net insider sales has hit IonQ, Rigetti Computing and D-Wave Quantum since June 18, 2024, led by $454.1 million at IonQ and $331.1 million at D-Wave.
Form 4 filings show almost no offsetting insider buying over the same two years: IonQ logged about $2.25 million, D-Wave just $1,795, and Rigetti none.
Some sales may reflect stock-based compensation and tax obligations, but the report argues the imbalance matters because insiders buy for only one reason — expecting shares to rise.
Price-to-sales ratios across the trio remain in bubble territory, while quantum computing is still early in commercial adoption despite hype over a potential $1 trillion market by 2035.
Quantum insiders cashed out $857M. What critical risk are they seeing that the market is completely ignoring?
Insiders are selling millions but buying almost nothing. Is their silence on buying the loudest warning sign of all?
Quantum Computing Stocks: Insider Selling Surges in 2026, Raising Red Flags Amid Market Hype
Overview
The report highlights a growing disconnect in the quantum technology sector, where excitement about companies like IonQ, Rigetti Computing, and D-Wave Quantum contrasts sharply with a significant trend of insider selling. In 2026, key executives and directors at these firms have been selling large volumes of shares, signaling a lack of confidence in their own companies’ stock performance. This widespread divestment sends a decisively negative message to shareholders and raises concerns about the true outlook for these companies, despite ongoing market enthusiasm for quantum technology’s future potential.