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Rigetti Falls as Traders Reset Ahead of Quarterly Results

Investivoq PriceTracker

Rigetti Computing (RGTI) is down 6.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a pre-earnings pullback as investors reduce risk before Rigetti releases third-quarter results after the close on November 10, 2026. This could also be because the stock had recently rallied with the broader quantum-computing group, leaving room for profit-taking as traders refocus on revenue timing, cash use, and execution.

Details:

  • Rigetti scheduled its third-quarter 2026 financial results and conference call for after market close on November 10, which often increases volatility during the trading session before the report.
  • Market attention has centered on near-term fundamentals such as revenue conversion, operating losses, and cash burn rather than only long-term quantum technology milestones.
  • The company has highlighted an $8.4 million system order tied to India’s C-DAC, with investors watching for progress toward acceptance testing and whether that supports near-term commercialization momentum.
  • An analyst update dated November 9 lowered a price target while keeping a positive rating, which may have added caution even as the broader long-term view remained constructive.

    • Sources:

    Rigetti Investor Relations, Yahoo Finance, Benzinga

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $RGTI Insider Trading Activity

    RGTI Insider Trades

    $RGTI insiders have traded $RGTI stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.

    Here’s a breakdown of recent trading of $RGTI stock by insiders over the last 6 months:

    • DAVID RIVAS (CHIEF OPERATING OFFICER) has made 0 purchases and 4 sales selling 527,125 shares for an estimated $13,263,310.
    • SUBODH K KULKARNI (President and CEO) has made 0 purchases and 3 sales selling 224,190 shares for an estimated $4,502,007.
    • RAY O JOHNSON has made 0 purchases and 3 sales selling 207,132 shares for an estimated $4,348,083.
    • JEFFREY A. BERTELSEN (CHIEF FINANCIAL OFFICER) has made 0 purchases and 4 sales selling 32,542 shares for an estimated $524,685.
    • ANDREW JOSEPH BESTWICK (CHIEF TECHNOLOGY OFFICER) sold 5,791 shares for an estimated $97,319

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $RGTI Hedge Fund Activity

    We have seen 258 institutional investors add shares of $RGTI stock to their portfolio, and 201 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • UBS GROUP AG removed 3,802,107 shares (-58.7%) from their portfolio in Q3 2026, for an estimated $59,845,164
    • HRT FINANCIAL LP removed 3,515,852 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $67,926,260
    • BLACKROCK, INC. added 3,098,204 shares (+12.2%) to their portfolio in Q2 2026, for an estimated $59,857,301
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,842,839 shares (+inf%) to their portfolio in Q2 2026, for an estimated $54,923,649
    • TWO SIGMA INVESTMENTS, LP removed 2,478,635 shares (-89.0%) from their portfolio in Q2 2026, for an estimated $47,887,228
    • ALYESKA INVESTMENT GROUP, L.P. removed 1,990,719 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $38,460,691
    • D. E. SHAW & CO., INC. added 1,844,653 shares (+52.4%) to their portfolio in Q2 2026, for an estimated $35,638,695

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.