D Wave Company Insiders

QBTS Stock

USD 18.91 0.15 0.80%

D Wave's insiders are aggressively selling. The analysis of insiders' sentiment of trading D Wave Quantum stock suggests that virtually all insiders are panicking at this time. D Wave employs about 382 people. The company is managed by 15 executives with a total tenure of roughly 892 years, averaging almost 59.0 years of service per executive, having 25.47 employees per reported executive.

Insider Sentiment

Mostly Selling

Selling

Buying

Latest Trades

2026-03-05	John D Dilullo	Disposed 8000 @ 18.01	View
2026-01-14	John M Markovich	Disposed 9179 @ 28.06	View
2025-12-22	John M Markovich	Disposed 100000 @ 30.03	View
2025-12-15	Rohit Ghai	Disposed 10000 @ 24.28	View
2025-12-05	John D Dilullo	Disposed 8000 @ 27.36	View
2025-12-03	Kirstjen Nielsen	Disposed 7000 @ 22.62	View
2025-11-20	John M Markovich	Disposed 200000 @ 22.94	View
2025-11-13	John M Markovich	Disposed 98060 @ 23.17	View
2025-11-11	Alan E Baratz	Disposed 806288 @ 28.87	View
2025-10-14	Alan E Baratz	Disposed 31369 @ 43.74	View
2025-09-15	Rohit Ghai	Disposed 10000 @ 17.93	View
2025-09-11	John M Markovich	Disposed 50000 @ 16.3	View
2025-08-12	John M Markovich	Disposed 100000 @ 18	View

Following insider trading sentiment in D Wave can help investors add context around confidence, timing, and operating risk while the public narrative is still evolving. The signal is still regulated and disclosed under securities law, which is why the public filing record matters more than rumor or interpretation alone.

Build AI portfolio with QBTS Stock

D Wave has a market cap of 7 B, operating margin of -12.66%, ROE of -77.62%. Your Equity Center can help frame allocation decisions. The allocation includes a position in D Wave Quantum inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

D Wave Management Team Effectiveness

The company has return on total asset (ROA) of -11.24 % meaning that for every 100 dollars of assets, it generated a loss of $11.24. This is notably weak relative to sector norms. Similarly, it shows a return on stockholder's equity (ROE) of -77.62 %, meaning that it is delivering a negative return on shareholder investment.

Per market data dated March 12, 2026, Common Stock Shares Outstanding is projected to contract toward approximately 184.4 M. In addition to that, Net Loss is projected to contract toward approximately -48.7 M

QBTS Stock Ownership Analysis

About 46.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 1.11. D Wave Quantum had not issued any dividends in recent years.

Reviewing share-based compensation in D Wave Quantum helps investors understand how management balances employee incentives against dilution risk. Shares outstanding are near 366.7 M. That is why investors should compare compensation intensity with revenue growth, margin progress, and free-cash-flow generation.

D Wave Quarterly Liabilities And Stockholders Equity

915.81 Million

D Wave Insider Trades History

Reviewing insider ownership in D Wave Quantum helps investors understand how much of the equity base is controlled by people involved in running the business. Insiders currently hold about 1.44% of outstanding shares. Investors usually want to know whether that level supports alignment without creating excessive control risk. View all of D Wave's insider trades

Macro event markers

Covid

Interest Hikes

QBTS Stock Institutional Investors

Institutional ownership matters in D Wave Quantum because pension funds, mutual funds, banks, and advisers can materially influence liquidity, governance, and price discovery. Used correctly, institutional data helps investors understand who may be setting the marginal price and how resilient that holder base could be under stress.

		Shares
Clear Street Group Inc	2025-09-30	3 M
Northern Trust Corp	2025-09-30	2.8 M
Marex Group Plc	2025-09-30	2.6 M
Trybe Capital Management Lp	2025-12-31	1.9 M
Renaissance Technologies Corp		1.7 M
Penserra Capital Management, Llc	2025-09-30	1.7 M
Nuveen, Llc	2025-12-31	1.7 M
Defiance Etfs, Llc	2025-12-31	1.5 M
Quadrature Capital Limited	2025-12-31	1.1 M
Vanguard Group Inc	2025-12-31	36.9 M
Blackrock Inc	2025-09-30	26.2 M

A large institutional presence can look reassuring, but sophisticated ownership alone should not be mistaken for proof that a position is mispriced or low risk. Ownership data should therefore support due diligence rather than replace it.

D Wave Quantum Insider Trading Activities

Insider trading disclosures for D Wave Quantum offer a structured way to watch how people closest to the business are behaving while expectations change across the market. Current market capitalization is about 7 Billion. Used properly, these records are better for context than for blind buy-or-sell signals.

		John Markovich over six months ago Disposition of 100000 shares by John Markovich of D Wave at 0.92 subject to Rule 16b-3
		Nielsen Kirstjen over a year ago Acquisition by Nielsen Kirstjen of 106626 shares of D Wave subject to Rule 16b-3
		Alan Baratz over a year ago Disposition of 8372 shares by Alan Baratz of D Wave at 5.27 subject to Rule 16b-3
		Diane Nguyen over a year ago Disposition of 2460 shares by Diane Nguyen of D Wave at 2.76 subject to Rule 16b-3
		Ghai Rohit over a year ago Acquisition by Ghai Rohit of 87035 shares of D Wave subject to Rule 16b-3
		Goldman Sachs Group Inc over a year ago Disposition of 500 shares by Goldman Sachs Group Inc of D Wave at 12.0 subject to Rule 16b-3
		Rogers Michael J over a year ago Acquisition by Rogers Michael J of 75675 shares of DPCM Capital subject to Rule 16b-3
		Diane Nguyen over a year ago Disposition of 2460 shares by Diane Nguyen of D Wave at 0.9266 subject to Rule 16b-3
		Diane Nguyen over a year ago Disposition of 2100 shares by Diane Nguyen of DPCM Capital at 1.02 subject to Rule 16b-3
		Goldman Sachs Group Inc over a year ago Acquisition by Goldman Sachs Group Inc of tradable shares of DPCM Capital at 8.95 subject to Rule 16b-3
		Michael Emil over a year ago Disposition of 46053 shares by Michael Emil of DPCM Capital at 11.5 subject to Rule 16b-3
		Michael Emil over a year ago Disposition of 15665 shares by Michael Emil of DPCM Capital at 11.5 subject to Rule 16b-3

D Wave Outstanding Bonds

Reviewing D Wave Quantum bond obligations helps investors understand how much of the business is financed with fixed-income capital rather than purely with equity. This is why bond analysis is not just a credit exercise; it also informs equity holders about solvency, optionality, and future capital-allocation pressure.

	US267475AD30 Corp Bond US267475AD30	View
	MPLX LP 4125 Corp Bond US55336VAK61	View
	MPLX LP 52 Corp Bond US55336VAL45	View
	Morgan Stanley 3971 Corp Bond US61744YAL20	View

View All D Wave Corporate Bonds

D Wave Corporate Filings

F4	6th of March 2026 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
8K	26th of February 2026 Report filed with the SEC to announce major events that shareholders should know about	View Verify
F4	24th of February 2026 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
8K	19th of February 2026 Report filed with the SEC to announce major events that shareholders should know about	View Verify
F4	17th of February 2026 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
	13th of February 2026 Other Reports	View Verify
	30th of January 2026 Other Reports	View Verify
8K	27th of January 2026 Report filed with the SEC to announce major events that shareholders should know about	View Verify

About 30% of D Wave outstanding shares are owned by institutional holders. Institutional investors - such as mutual funds, pension funds, and asset managers - typically hold positions as part of a broader portfolio strategy, managing assets on behalf of clients. As a result, institutional investors are subject to reporting requirements and oversight rules - such as 13F filings - that differ from those for individual retail investors. Changes in institutional ownership of D Wave can sometimes signal a shift in professional sentiment toward the company. Insider ownership stands at approximately 1% while institutional investors account for 46%, leaving 53% of the float in public hands.

Shares in Circulation

First Issued

2021-03-31

Previous Quarter

342.2 M

Current Value

352.9 M

Average Shares Outstanding

174.2 M

Quarterly Volatility

82.5 M

Macro event markers

Covid

Interest Hikes

QBTS Stock Holders Distribution

Institutional ownership analysis for D Wave Quantum matters because banks, hedge funds, pension plans, and other professional investors can influence price and liquidity more forcefully than smaller holders. This matters because getting in early on a sponsorship cycle may help, but getting caught near a large-holder exit can have the opposite effect.

D Wave Market Cap and Value

Market Cap Enterprise Value

D Wave Workforce Comparison

D Wave Quantum is rated below average. in number of employees category among its top competitors. The total workforce of Information Technology industry is at this time estimated at about 48,609. D Wave maintains roughly 382 in number of employees contributing less than 1% to equities under Information Technology sector.

Workforce Revenue Total debt Capitalization Valuation

Compare D Wave to Competition

D Wave Insider Trading History

	Buy/Sell Ratio	# Purchases Trades	# Sales Trades	Total Shares Purchased	Total Shares Sold
2026-03-01	0.1667	1	6	28,068	78,162
2025-12-01	0.24	6	25	2,000,082	4,588,942
2025-09-01	0.3333	9	27	395,182	1,138,680
2025-06-01	0.5	15	30	2,475,022	3,937,540
2025-03-01	0.2308	3	13	40,589,333	59,765,275
2024-12-01	0.3077	4	13	303,728	19,837,794
2024-09-01	0.3333	2	6	129,355	144,776
2024-06-01	0.4286	6	14	1,533,130	3,830,670
2024-03-01	3.5	14	4	1,528,646	49,424
2023-09-01	1.0	2	2	3,595,942	10,768,075
2023-06-01	1.0	6	6	393,375	121,518
2022-12-01	10.0	10	1	3,777,561	6,366
2022-09-01	0.6538	17	26	140,693	58,783,825

D Wave Notable Stakeholders

Stakeholders matter for D Wave because not every influential participant is a shareholder acting with the same objective or time horizon. This becomes more informative when investors want to understand not just ownership, but influence, incentives, and strategic pressure points.

Alan Baratz	CEO President	Profile
Diane Nguyen	General Secretary	Profile
Michelle Maggs	Senior Marketing	Profile
Mohammad Amin	Principal Scientist	Profile
Trevor Lanting	Algorithms Software	Profile
John Markovich	Chief Officer	Profile
Victoria Brydon	VP Excellence	Profile
Michele Macready	Algorithms, Software	Profile
Stan CISSP	Chief Officer	Profile
Mark Snedeker	VP Growth	Profile
Eric Ladizinsky	CoFounder Scientist	Profile
Lorenzo Martinelli	Chief Officer	Profile
Allison Schwartz	Vice Affairs	Profile
Sophie Ames	Chief Officer	Profile
Mark Johnson	Senior Products	Profile

About D Wave Management

D Wave is a large-cap company in Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology. Executive review focuses on insiders, senior management, and employee signals. Management quality is often reflected indirectly through margin durability, reinvestment choices, and governance signals. CEO is Alan Baratz with 382 employees and 15 reported executives.

Unless otherwise specified, financial data for D Wave Quantum is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Updates may occur throughout the day.

QBTS Stock is Curated By:

Raphi Shpitalnik · Junior Member of Macroaxis Editorial Board

Workforce Efficiency and Productivity

Investors reviewing D Wave Quantum can use workforce efficiency as another lens on execution, especially when comparing similar businesses in the same industry. A disciplined workforce review can reveal whether execution quality is improving beneath the top-line numbers.

D Wave Manpower Efficiency

Return on D Wave Manpower

	Revenue Per Employee	64.4K
	Revenue Per Executive	1.6M
	Net Loss Per Employee	929.5K
	Net Loss Per Executive	23.7M
	Working Capital Per Employee	2.3M
	Working Capital Per Executive	58.3M

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