HIVE Digital Technologies (NASDAQ:HIVE) Director Susan Mcgee Sells 16,700 Shares

Posted by Stanley Muller on Jun 5th, 2026

HIVE Digital Technologies Ltd. (NASDAQ:HIVE – Get Free Report) Director Susan Mcgee sold 16,700 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $4.45, for a total transaction of $74,315.00. Following the sale, the director owned 208,300 shares in the company, valued at approximately $926,935. This trade represents a 7.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

HIVE Digital Technologies Stock Down 13.7%

Shares of HIVE stock traded down $0.60 during mid-day trading on Friday, reaching $3.77. 28,915,255 shares of the company’s stock traded hands, compared to its average volume of 17,363,441. HIVE Digital Technologies Ltd. has a 12 month low of $1.60 and a 12 month high of $7.84. The company has a market cap of $996.98 million, a P/E ratio of -6.73 and a beta of 3.74. The company has a quick ratio of 1.74, a current ratio of 1.10 and a debt-to-equity ratio of 0.10. The company’s 50-day moving average price is $2.86 and its 200-day moving average price is $2.76.

HIVE Digital Technologies (NASDAQ:HIVE – Get Free Report) last announced its earnings results on Tuesday, June 2nd. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.07). HIVE Digital Technologies had a negative net margin of 49.21% and a negative return on equity of 23.12%. The business had revenue of $71.82 million for the quarter, compared to the consensus estimate of $79.99 million. On average, equities analysts expect that HIVE Digital Technologies Ltd. will post -0.65 earnings per share for the current fiscal year.

Trending Headlines about HIVE Digital Technologies

Here are the key news stories impacting HIVE Digital Technologies this week:

Positive Sentiment: Canaccord Genuity reaffirmed its Buy rating and set a $10.00 price target, implying significant upside from current levels. Benzinga
Positive Sentiment: Northland Securities raised several forward EPS estimates, suggesting a slightly improved outlook for HIVE Digital Technologies’ business trajectory. Tickerreport.com
Positive Sentiment: HC Wainwright also maintained a Buy rating and $7.00 price target, indicating analysts still see value in the shares despite recent losses. MarketBeat
Neutral Sentiment: Analyst estimates remain negative overall for FY2027, with both Northland and HC Wainwright forecasting losses, though their full-year views vary. MarketBeat
Negative Sentiment: HC Wainwright cut some near-term earnings estimates, including Q1 and Q2 2027, which points to softer expectations for profitability. MarketBeat
Negative Sentiment: The company’s recent earnings report missed both EPS and revenue expectations, reinforcing concerns about execution and margins. MarketBeat

Institutional Investors Weigh In On HIVE Digital Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the company. Millennium Management LLC increased its position in shares of HIVE Digital Technologies by 58.1% during the fourth quarter. Millennium Management LLC now owns 6,900,828 shares of the company’s stock valued at $17,804,000 after acquiring an additional 2,536,135 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of HIVE Digital Technologies by 29.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,187,363 shares of the company’s stock valued at $13,383,000 after acquiring an additional 1,193,991 shares in the last quarter. Tidal Investments LLC increased its position in shares of HIVE Digital Technologies by 15.4% during the third quarter. Tidal Investments LLC now owns 4,771,312 shares of the company’s stock valued at $19,228,000 after acquiring an additional 637,679 shares in the last quarter. Two Sigma Investments LP bought a new stake in shares of HIVE Digital Technologies during the third quarter valued at approximately $17,584,000. Finally, Vident Advisory LLC increased its position in shares of HIVE Digital Technologies by 33.6% during the fourth quarter. Vident Advisory LLC now owns 4,327,141 shares of the company’s stock valued at $11,164,000 after acquiring an additional 1,087,224 shares in the last quarter. Institutional investors own 24.42% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Cantor Fitzgerald set a $7.00 target price on shares of HIVE Digital Technologies in a report on Thursday. Keefe, Bruyette & Woods lifted their target price on shares of HIVE Digital Technologies from $3.00 to $5.00 and gave the company a “market perform” rating in a report on Friday. Northland Securities set a $6.00 target price on shares of HIVE Digital Technologies in a report on Wednesday, February 18th. B. Riley Financial lifted their target price on shares of HIVE Digital Technologies from $5.00 to $8.00 and gave the company a “buy” rating in a report on Wednesday. Finally, UBS Group set a $8.00 target price on shares of HIVE Digital Technologies in a report on Wednesday. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $6.90.

View Our Latest Report on HIVE

About HIVE Digital Technologies

(Get Free Report)

HIVE Digital Technologies Ltd is a publicly traded blockchain infrastructure company that specializes in the mining of digital assets such as Bitcoin and Ethereum. Using high-performance GPU and ASIC hardware, HIVE deploys proprietary mining rigs across multiple data centers to validate transactions on major blockchain networks. The company’s operations are designed to maximize hashing power while maintaining efficiency and uptime, enabling it to build and hold a portfolio of mined cryptocurrencies.

Headquartered in Vancouver, British Columbia, HIVE Digital operates data center facilities in North America and Europe, including Canada, Sweden and Iceland.