Arqit Quantum (NASDAQ:ARQQ) General Counsel Sells $13,982.64 in Stock

10 Oct 2026, 09:41 by Mitch Edgeman · The Markets Daily

Arqit Quantum Inc. (NASDAQ:ARQQ – Get Free Report) General Counsel Patrick Willcocks sold 588 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $23.78, for a total transaction of $13,982.64. Following the transaction, the general counsel owned 11,764 shares in the company, valued at approximately $279,747.92. This represents a 4.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Patrick Willcocks also recently made the following trade(s):

On Tuesday, October 6th, Patrick Willcocks sold 555 shares of Arqit Quantum stock. The shares were sold at an average price of $24.19, for a total transaction of $13,425.45.
On Friday, October 2nd, Patrick Willcocks sold 557 shares of Arqit Quantum stock. The stock was sold at an average price of $24.47, for a total transaction of $13,629.79.

Arqit Quantum Stock Performance

Arqit Quantum stock opened at $17.23 on Friday. The business has a fifty day moving average of $21.62 and a two-hundred day moving average of $18.52. Arqit Quantum Inc. has a twelve month low of $11.52 and a twelve month high of $61.11.

Trending Headlines about Arqit Quantum

Here are the key news stories impacting Arqit Quantum this week:

Positive Sentiment: Arqit reported preliminary fiscal 2026 second-half revenue of approximately $355,000 to $380,000. The update gives investors an early look at results and could support the stock if final figures or the company’s outlook exceed expectations. Arqit preliminary financial results
Neutral Sentiment: Arqit updated its fiscal 2026 earnings guidance, but the available disclosure does not include the revised figures. Investors will likely need the full earnings release to assess revenue growth, cash consumption and customer adoption.
Neutral Sentiment: A short-interest update lists total short interest at zero shares and a zero-day short-interest ratio, despite describing a significant increase. The apparently inconsistent data offers no clear evidence of either short-selling pressure or potential short-covering support.
Negative Sentiment: Multiple insiders sold shares on October 5 and 6, including CEO Andrew Leaver, CRO Paul Feenan, COO Ben Wilder, General Counsel Patrick Willcocks, Director Garth Ritchie and Nicholas Nilan. The transactions involved roughly $230,000 across the two sessions, with several executives reducing their holdings by approximately 2% to 5% and Nilan making much larger percentage reductions. The filings do not state the reasons for the sales, but the breadth of the selling may weigh on investor confidence. Arqit insider sale SEC filing
Negative Sentiment: The preliminary revenue range remains small for a publicly traded growth company, increasing the risk that investors will focus on execution and funding needs until Arqit demonstrates stronger commercial traction.

Hedge Funds Weigh In On Arqit Quantum

Several institutional investors and hedge funds have recently bought and sold shares of the company. Kessler Investment Group LLC purchased a new stake in shares of Arqit Quantum during the 3rd quarter valued at $3,333,000. Bank of New York Mellon Corp purchased a new position in Arqit Quantum during the 2nd quarter worth $2,947,000. Renaissance Technologies LLC purchased a new position in Arqit Quantum during the 1st quarter worth $549,000. True Vision MN LLC acquired a new position in Arqit Quantum during the 1st quarter valued at about $197,000. Finally, Heck Capital Advisors LLC acquired a new position in Arqit Quantum during the 2nd quarter valued at about $234,000. 16.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ARQQ has been the topic of a number of recent research reports. Weiss Ratings downgraded Arqit Quantum from a “sell (d)” rating to a “sell (e+)” rating in a research report on Thursday. Wall Street Zen upgraded shares of Arqit Quantum from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $60.00.

Check Out Our Latest Report on Arqit Quantum

Arqit Quantum Company Profile

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Arqit Quantum Inc is a cybersecurity company that develops encryption technology designed to protect data and communications against current and future cyber threats, including potential attacks enabled by quantum computing. The company’s solutions are intended for governments, enterprises and other organizations that need to secure sensitive information across networks, devices and cloud environments.