Milton Ault III Acquires 397,500 Shares of Hyperscale Data (NYSEAMERICAN:GPUS) Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton Ault III purchased 397,500 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were purchased at an average cost of $0.13 per share, with a total value of $51,675.00. Following the completion of the transaction, the chairman owned 666,300 shares of the company’s stock, valued at approximately $86,619. The trade was a 147.88% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Hyperscale Data Trading Up 10.5%

Shares of GPUS stock traded up $0.01 during mid-day trading on Wednesday, hitting $0.14. 25,684,124 shares of the stock traded hands, compared to its average volume of 32,846,534. The stock’s fifty day moving average is $0.15 and its two-hundred day moving average is $0.22. Hyperscale Data, Inc. has a 52-week low of $0.11 and a 52-week high of $9.98. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.73 and a current ratio of 0.53.

Institutional Trading of Hyperscale Data

Hedge funds have recently modified their holdings of the company. Qube Research & Technologies Ltd purchased a new stake in shares of Hyperscale Data during the second quarter valued at about $47,000. LPL Financial LLC purchased a new stake in shares of Hyperscale Data during the fourth quarter valued at about $73,000. Virtu Financial LLC purchased a new stake in shares of Hyperscale Data during the fourth quarter valued at about $152,000. State Street Corp purchased a new stake in shares of Hyperscale Data during the fourth quarter valued at about $335,000. Finally, Geode Capital Management LLC lifted its position in shares of Hyperscale Data by 2,029.5% during the fourth quarter. Geode Capital Management LLC now owns 3,482,917 shares of the company’s stock valued at $639,000 after buying an additional 3,319,363 shares during the last quarter. 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. The company offers lifting services; virtual markets, real world goods marketplaces, gaming, sweepstakes gaming, contest of skill, and building private spaces, as well as socialization and connectivity and real and virtual concerts.