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News  ›  The Motley Fool

Is Rigetti Computing Stock a Buy or Sell After a Director Dumped Shares Worth $1.3 Million?

The Motley Fool Logo The Motley Fool By Robert Izquierdo
Is Rigetti Computing Stock a Buy or Sell After a Director Dumped Shares Worth $1.3 Million?

Board member Dr. Alissa Fitzgerald sold 59,316 shares of Rigetti Computing worth $1.3 million on January 2, 2026, reducing her direct stake by 63%. The sale, executed under a pre-established Rule 10b5-1 trading plan, comes as the quantum computing company faces declining revenue and missed product launch deadlines. Despite the stock's 151% gain over the past year, analysts recommend selling due to the company's sky-high price-to-sales ratio of over 900 and challenges in the nascent quantum computing sector.

Insights
RGTI   negative

The article recommends selling Rigetti stock due to multiple concerning factors: declining quarterly revenue ($1.9M in Q3 vs $2.4M in 2024), missed product launch deadlines (Cepheus-1-108Q pushed to Q1 2026), a board member significantly reducing her stake by 63%, and an extremely elevated price-to-sales ratio of 900+. While the quantum computing sector shows promise, the company's current financial performance and insider selling activity suggest overvaluation and execution risks.