Rigetti Computing Stock Surges Over 5,500% in Past Year Amid Insider Selling
Shares of quantum computing firm Rigetti Computing (RGTI) have experienced a dramatic surge, rising over 5,500% in the last year, even as company insiders have been actively selling their stock.
Recent data shows that Rigetti insiders have engaged in 26 sales of company stock over the past six months, totaling over $30 million, with no purchases reported. Subodh K. Kulkarni, President and CEO, sold 1,000,000 shares for an estimated $12,004,400, while Chief Financial Officer Jeffrey A. Bertelsen sold 235,169 shares for approximately $2,754,483. This activity comes as the company secures new contracts and partnerships, fueling investor excitement about the potential of quantum computing. The increasing interest in quantum computing is driven by its potential to revolutionize fields like medicine, materials science, and artificial intelligence.
Despite the stock’s meteoric rise, concerns remain regarding Rigetti’s valuation, with its market capitalization significantly exceeding current revenue. Institutional investor activity has been mixed, with 231 adding to their positions in the most recent quarter, while 115 decreased theirs. For example, Vanguard Group Inc. added 8,640,470 shares, while UBS Group AG removed 2,406,004 shares. You can track institutional holdings here.
Wall Street analysts remain largely optimistic, with four firms issuing “Buy” ratings in recent months. Benchmark recently set a price target of $50.0 per share, while Needham set a target of $18.0. However, analysts at Cantor Fitzgerald have a more conservative target of $15.0. You can find more information about analyst ratings on Rigetti Computing’s website.
Company officials have not yet commented on the insider selling activity, but continue to emphasize the long-term potential of their quantum computing technology.
By: Quiver DiscussionTracker
Posted: 6 hours ago / Oct. 19, 2025 2:02 p.m. UTC
Recent discussions on X about Rigetti Computing (RGTI) have been fueled by the company’s dramatic stock price surge, with shares skyrocketing over 5,500% in the past year, alongside new contracts and partnerships in the quantum computing sector. Many users on the platform are captivated by the momentum, pointing to multi-million dollar deals and technological advancements like new qubit processors as signs of potential long-term growth. The excitement is palpable as some see Rigetti as a key player in an emerging industry.
However, not all chatter is optimistic, as a significant portion of the conversation highlights concerns over the stock’s valuation, with market cap figures dwarfing current revenue numbers. Skeptics on X have questioned the sustainability of the rally, citing declining revenues and drawing comparisons to other tech giants with stronger financials. This divide keeps the dialogue intense, as investors grapple with whether this quantum computing pioneer is on the cusp of a breakthrough or caught in a speculative bubble.
Note: This discussion summary was generated from an AI condensation of post data.
Rigetti Computing Insider Trading Activity
Rigetti Computing insiders have traded $RGTI stock on the open market 26 times in the past 6 months. Of those trades, 0 have been purchases and 26 have been sales.
Here’s a breakdown of recent trading of $RGTI stock by insiders over the last 6 months:
- SUBODH K KULKARNI (President and CEO) sold 1,000,000 shares for an estimated $12,004,400
- MICHAEL S. CLIFTON has made 0 purchases and 7 sales selling 300,000 shares for an estimated $4,652,490.
- HELENE GAIL SANDFORD has made 0 purchases and 8 sales selling 152,283 shares for an estimated $4,215,866.
- THOMAS J IANNOTTI has made 0 purchases and 2 sales selling 200,000 shares for an estimated $3,619,890.
- RAY O JOHNSON has made 0 purchases and 2 sales selling 166,715 shares for an estimated $3,132,200.
- JEFFREY A. BERTELSEN (CHIEF FINANCIAL OFFICER) has made 0 purchases and 4 sales selling 235,169 shares for an estimated $2,754,483.
- DAVID RIVAS (CHIEF TECHNOLOGY OFFICER) has made 0 purchases and 2 sales selling 89,170 shares for an estimated $1,191,273.
To track insider transactions, check out Quiver Quantitative’s insider trading dashboard.
Rigetti Computing Hedge Fund Activity
We have seen 231 institutional investors add shares of Rigetti Computing stock to their portfolio, and 115 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VANGUARD GROUP INC added 8,640,470 shares (+60.9%) to their portfolio in Q2 2025, for an estimated $102,475,974
- BLACKROCK, INC. added 5,974,666 shares (+39.4%) to their portfolio in Q2 2025, for an estimated $70,859,538
- AMERICAN ASSETS INVESTMENT MANAGEMENT, LLC added 3,746,149 shares (+inf%) to their portfolio in Q2 2025, for an estimated $44,429,327
- UBS GROUP AG removed 2,406,004 shares (-60.1%) from their portfolio in Q2 2025, for an estimated $28,535,207
- TIDAL INVESTMENTS LLC added 2,381,309 shares (+inf%) to their portfolio in Q2 2025, for an estimated $28,242,324
- GOLDMAN SACHS GROUP INC removed 2,354,712 shares (-69.0%) from their portfolio in Q2 2025, for an estimated $27,926,884
- VOLORIDGE INVESTMENT MANAGEMENT, LLC removed 1,936,289 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $22,964,387
To track hedge funds’ stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard.
Rigetti Computing Analyst Ratings
Wall Street analysts have issued reports on $RGTI in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Benchmark issued a “Buy” rating on 10/07/2025
- Needham issued a “Buy” rating on 08/04/2025
- B. Riley Securities issued a “Buy” rating on 07/23/2025
- Cantor Fitzgerald issued a “Overweight” rating on 07/02/2025
To track analyst ratings and price targets for Rigetti Computing, check out Quiver Quantitative’s $RGTI forecast page.
Rigetti Computing Price Targets
Multiple analysts have issued price targets for $RGTI recently. We have seen 4 analysts offer price targets for $RGTI in the last 6 months, with a median target of $26.5.
Here are some recent targets:
- David Williams from Benchmark set a target price of $50.0 on 10/07/2025
- Craig Ellis from B. Riley Securities set a target price of $35.0 on 09/22/2025
- Quinn Bolton from Needham set a target price of $18.0 on 08/04/2025
- Troy Jensen from Cantor Fitzgerald set a target price of $15.0 on 07/02/2025
This article is not financial advice. See Quiver Quantitative’s disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
