Insider Buying: Hyperscale Data (NYSEAMERICAN:GPUS) Chairman Purchases 50,000 Shares of Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton Ault III purchased 50,000 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was acquired at an average price of $0.23 per share, with a total value of $11,500.00. Following the completion of the transaction, the chairman owned 274,905 shares in the company, valued at approximately $63,228.15. This trade represents a 22.23% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Hyperscale Data Stock Performance

GPUS traded down $0.02 during midday trading on Thursday, hitting $0.21. 26,516,710 shares of the company were exchanged, compared to its average volume of 24,678,801. The firm’s 50 day moving average price is $0.41 and its 200-day moving average price is $1.72. The company has a quick ratio of 0.30, a current ratio of 0.31 and a debt-to-equity ratio of 0.11. Hyperscale Data, Inc. has a 1-year low of $0.20 and a 1-year high of $9.98.

Hyperscale Data (NYSEAMERICAN:GPUS) last released its earnings results on Monday, November 17th. The company reported ($0.39) earnings per share for the quarter. The firm had revenue of $24.33 million for the quarter. Hyperscale Data had a negative net margin of 48.58% and a negative return on equity of 1,163.96%.

Hyperscale Data Dividend Announcement

The company also recently announced a special dividend, which was paid on Friday, October 31st. Investors of record on Monday, October 6th were paid a dividend of $0.0877 per share.

Institutional Trading of Hyperscale Data

An institutional investor recently bought a new position in Hyperscale Data stock. Qube Research & Technologies Ltd bought a new position in shares of Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 33,721 shares of the company’s stock, valued at approximately $47,000. Qube Research & Technologies Ltd owned 0.17% of Hyperscale Data at the end of the most recent reporting period. 41.05% of the stock is owned by hedge funds and other institutional investors.

About Hyperscale Data

Hyperscale Data, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. It operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, Sentinum, GIGA, TurnOnGreen, ROI, and Ault Disruptive.