Alan E. Baratz, an insider at D-Wave Quantum Inc (QBTS), recently acquired 474,395 shares of the company at a price of $0.91 each, amounting to a total investment of approximately $432,000. This transaction took place on December 21, 2025.
Following this purchase, Baratz now holds a total of 474,395 shares in D-Wave Quantum. The company specializes in the development and delivery of quantum computing systems, software, and services, with a focus on supporting enterprises and developers in their quantum computing journey. D-Wave Quantum, headquartered in Palo Alto, California, has a market capitalization of $11.3 billion and employs around 220 full-time staff.
Insider buying, such as this transaction, can often be seen as a positive indicator, reflecting confidence in the company's future. However, it's important to note that insider transactions should not be the sole factor in investment decisions, as various personal or regulatory reasons may influence such buying or selling activities.
Insider transactions are reported to the SEC, providing transparency into the actions of company executives and board members. While Baratz's purchase adds one data point to the overall picture, investors are encouraged to consider broader patterns of insider activity over time and across multiple insiders when evaluating these signals.