SLT Holdings LLC Purchases New Holdings in Hyperliquid Strategies Inc $PURR

SLT Holdings LLC purchased a new position in shares of Hyperliquid Strategies Inc (NASDAQ:PURR) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 56,500 shares of the company’s stock, valued at approximately $693,000.

Several other large investors also recently modified their holdings of PURR. Mather Group LLC. increased its stake in shares of Hyperliquid Strategies by 59.0% in the 3rd quarter. Mather Group LLC. now owns 70,202 shares of the company’s stock valued at $861,000 after acquiring an additional 26,056 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Hyperliquid Strategies by 397.9% during the third quarter. Farther Finance Advisors LLC now owns 12,388 shares of the company’s stock worth $152,000 after acquiring an additional 9,900 shares in the last quarter. CoreCap Advisors LLC boosted its stake in Hyperliquid Strategies by 740.0% during the third quarter. CoreCap Advisors LLC now owns 8,400 shares of the company’s stock worth $103,000 after acquiring an additional 7,400 shares in the last quarter. Tidal Investments LLC bought a new position in Hyperliquid Strategies during the second quarter worth $5,285,000. Finally, Engineers Gate Manager LP acquired a new stake in Hyperliquid Strategies in the second quarter worth $533,000. Institutional investors and hedge funds own 9.45% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on PURR shares. Cantor Fitzgerald lifted their price target on shares of Hyperliquid Strategies from $22.60 to $34.20 and gave the company an “overweight” rating in a research note on Thursday, September 10th. Compass Point initiated coverage on shares of Hyperliquid Strategies in a report on Monday, September 14th. They set a “buy” rating and a $18.00 price objective on the stock. Wall Street Zen cut shares of Hyperliquid Strategies from a “hold” rating to a “sell” rating in a research report on Sunday, October 11th. Weiss Ratings upgraded Hyperliquid Strategies from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Finally, Chardan Capital boosted their target price on Hyperliquid Strategies from $9.75 to $17.00 and gave the company a “buy” rating in a research report on Friday, August 28th. One research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to MarketBeat.com, Hyperliquid Strategies has an average rating of “Buy” and an average price target of $19.80.

Hyperliquid Strategies Trading Up 3.5%

NASDAQ PURR opened at $9.80 on Friday. The company has a fifty day simple moving average of $11.02 and a 200 day simple moving average of $8.60. Hyperliquid Strategies Inc has a 12-month low of $3.01 and a 12-month high of $14.76. The company has a market cap of $2.73 billion, a P/E ratio of -1.53 and a beta of 1.89.

Hyperliquid Strategies Profile