Insider Buying: Hyperscale Data (NYSEAMERICAN:GPUS) CEO Buys 100,000 Shares of Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUSGet Free Report) CEO William Horne acquired 100,000 shares of the business’s stock in a transaction on Wednesday, September 2nd. The shares were purchased at an average price of $0.20 per share, for a total transaction of $20,000.00. Following the transaction, the chief executive officer directly owned 140,000 shares of the company’s stock, valued at approximately $28,000. The trade was a 250.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Hyperscale Data Stock Performance

Shares of GPUS traded down $0.04 during midday trading on Wednesday, hitting $0.20. The stock had a trading volume of 114,439,568 shares, compared to its average volume of 13,971,320. The stock’s 50 day moving average is $0.74 and its 200 day moving average is $0.82. The company has a current ratio of 0.57, a quick ratio of 0.54 and a debt-to-equity ratio of 0.29. Hyperscale Data, Inc. has a 1 year low of $0.19 and a 1 year high of $3.65.

Hyperscale Data (NYSEAMERICAN:GPUSGet Free Report) last released its quarterly earnings results on Wednesday, August 19th. The company reported ($0.25) EPS for the quarter. The firm had revenue of $34.84 million for the quarter. Hyperscale Data had a negative return on equity of 97.52% and a negative net margin of 71.03%.

Hyperscale Data declared that its Board of Directors has initiated a stock buyback plan on Tuesday, May 26th that allows the company to buyback $5.00 million in shares. This buyback authorization allows the company to reacquire up to 6.6% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Institutional Investors Weigh In On Hyperscale Data

A number of institutional investors and hedge funds have recently modified their holdings of the business. Qube Research & Technologies Ltd purchased a new position in Hyperscale Data during the 2nd quarter valued at $47,000. LPL Financial LLC bought a new position in Hyperscale Data in the 4th quarter valued at $73,000. Virtu Financial LLC purchased a new stake in Hyperscale Data in the fourth quarter worth $152,000. State Street Corp bought a new stake in shares of Hyperscale Data during the fourth quarter worth $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 worth $639,000 after purchasing an additional 3,319,363 shares during the last quarter. 41.05% of the stock is owned by institutional investors.

Key Headlines Impacting Hyperscale Data

Here are the key news stories impacting Hyperscale Data this week:

  • Positive Sentiment: Chairman Milton C. Ault III and CEO William B. Horne made substantial open-market purchases. Ault bought 149,999 shares across September 1–2, while Horne purchased 100,000 shares, signaling that senior executives may view the depressed valuation as attractive. SEC insider purchase filing SEC CEO purchase filing
  • Positive Sentiment: Hyperscale Data ceased Bitcoin mining at its Michigan facility to prepare for deployment of a customer’s AI infrastructure under a previously announced master services agreement. The agreement is expected to be worth approximately $1.2 billion, with potential expansion to about $3 billion, although the projected value depends on successful implementation and customer demand. AI data center master services agreement announcement
  • Positive Sentiment: The company highlighted a 647% increase in second-quarter “other” revenue, largely from blockchain software, contributing to a 44% increase in quarterly gross profit. First-half revenue rose 55% and gross profit increased 109%, suggesting improving contributions from higher-margin software activities. Blockchain software revenue announcement
  • Neutral Sentiment: Hyperscale Data reported holding approximately 215 Bitcoin worth $16.7 million after selling about 65 Bitcoin for roughly $5.1 million. The sale increases liquidity but reduces exposure to potential Bitcoin price gains and may indicate the company is funding its AI transition. Bitcoin treasury announcement
  • Negative Sentiment: The pivot ends an existing Bitcoin-mining operation before the AI facility generates revenue, creating near-term execution and cash-flow uncertainty. Recent results also showed a $0.25 per-share loss, a negative 71.03% net margin and a current ratio below 1, underscoring financial risk. Hyperscale Data AI pivot and stock report

Hyperscale Data Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Hyperscale Data (NYSEAMERICAN:GPUS)

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.