Insider selling patterns at quantum companies always raise alarms

The drop came even as company financials showed weak third-quarter revenue, intensifying skepticism about Rigetti’s near-term prospects in a capital-intensive field

It is understandable for founders and other leaders to take some profits and insider sales happen. However, shares of Rigetti Computing (RGTI) plunged roughly 40 percent over the past month after investors, including a significant retail segment, reacted sharply to the fact that CEO Subodh Kulkarni reportedly holds no company shares, following the sale of his previously held position at around twelve dollars per share [1]. The drop came even as company financials showed weak third quarter revenue, which intensified skepticism about Rigetti’s near term prospects in a capital intensive field with long timelines to commercial quantum products. The decline illustrates how sensitive valuation for quantum hardware firms has become to insider holdings and confidence signals because revenue remains modest and technical delivery remains uncertain.