Hyperscale Data, Inc. (NYSEAMERICAN:GPUS – Get Free Report) Chairman Milton Ault III purchased 107,999 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were purchased at an average price of $0.25 per share, for a total transaction of $26,999.75. Following the acquisition, the chairman owned 402,500 shares of the company’s stock, valued at approximately $100,625. The trade was a 36.67% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Hyperscale Data Stock Performance
Shares of GPUS opened at $0.19 on Friday. Hyperscale Data, Inc. has a twelve month low of $0.17 and a twelve month high of $3.65. The firm has a 50 day moving average of $0.70 and a 200 day moving average of $0.80. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.57 and a quick ratio of 0.54.
Hyperscale Data (NYSEAMERICAN:GPUS – Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The company reported ($0.25) earnings per share (EPS) for the quarter. Hyperscale Data had a negative net margin of 71.03% and a negative return on equity of 97.52%. The business had revenue of $34.84 million during the quarter.
Institutional Investors Weigh In On Hyperscale Data
Several institutional investors have recently modified their holdings of GPUS. Qube Research & Technologies Ltd bought a new stake in Hyperscale Data in the 2nd quarter worth about $47,000. LPL Financial LLC bought a new position in Hyperscale Data during the 4th quarter valued at about $73,000. Virtu Financial LLC purchased a new stake in shares of Hyperscale Data during the 4th quarter valued at about $152,000. State Street Corp purchased a new stake in shares of Hyperscale Data during the 4th quarter valued at about $335,000. Finally, Geode Capital Management LLC grew its stake in shares of Hyperscale Data by 2,029.5% in the fourth quarter. Geode Capital Management LLC now owns 3,482,917 shares of the company’s stock worth $639,000 after acquiring an additional 3,319,363 shares during the period. 41.05% of the stock is owned by hedge funds and other institutional investors.
Hyperscale Data News Roundup
Here are the key news stories impacting Hyperscale Data this week:
- Positive Sentiment: Hyperscale Data reported approximately $53 million in cash, restricted cash, and Bitcoin as of September 3. Management said this amount represents nearly 200% of the company’s recent market capitalization, potentially supporting the view that GPUS is undervalued relative to its liquid assets. Cash, Restricted Cash and Bitcoin Announcement
- Positive Sentiment: The company reported approximately $110 million in stockholders’ equity and estimated net book value of about $0.95 per share as of June 30, compared with the stock’s recent trading level. Gross asset value was estimated at approximately $3.10 per share before liabilities. Net Book Value Announcement
- Positive Sentiment: CEO William Horne purchased 100,000 GPUS shares at an average price of $0.20, increasing his direct holdings by 250%. Insider buying can provide a modest confidence signal while the stock trades near its lows. CEO Share Purchase
- Neutral Sentiment: Hyperscale Data plans to distribute 20 million Class B common shares as a special one-time dividend to common and preferred stockholders on an as-converted basis. The distribution may reward existing holders, but its market impact depends on the shares’ rights, trading characteristics, and effect on the company’s overall share structure. Special Class B Share Dividend
- Negative Sentiment: The company’s pivot away from Bitcoin mining toward AI data centers has pressured sentiment because the approximately $1.2 billion master services agreement, potentially expandable to $3 billion, remains an expected opportunity rather than realized revenue. Recent results also showed a $0.25 per-share loss, a negative 71.03% net margin, and liquidity ratios below 1.0. AI Infrastructure Pivot
Hyperscale Data Company Profile
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.
Featured Stories
- Five stocks we like better than Hyperscale Data
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Receive News & Ratings for Hyperscale Data Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hyperscale Data and related companies with MarketBeat.com's FREE daily email newsletter.
