HIVE Digital Technologies Ltd. (NASDAQ:HIVE – Get Free Report) Director Susan Mcgee sold 125,000 shares of the firm’s stock in a transaction on Friday, June 19th. The shares were sold at an average price of $4.25, for a total value of $531,250.00. Following the completion of the transaction, the director owned 125,000 shares of the company’s stock, valued at approximately $531,250. This represents a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
HIVE Digital Technologies Stock Performance
HIVE Digital Technologies stock opened at $4.63 on Wednesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a fifty day moving average of $3.41 and a two-hundred day moving average of $2.84. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of -8.27 and a beta of 3.74. HIVE Digital Technologies Ltd. has a fifty-two week low of $1.70 and a fifty-two week high of $7.84.
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 (EPS) for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.07). The firm had revenue of $71.82 million for the quarter, compared to analyst estimates of $79.99 million. HIVE Digital Technologies had a negative return on equity of 23.12% and a negative net margin of 49.21%. On average, analysts anticipate that HIVE Digital Technologies Ltd. will post -0.74 EPS for the current fiscal year.
HIVE Digital Technologies News Roundup
- Positive Sentiment: Columbia University validated HIVE’s Paraguay GPU infrastructure in an AI research project submitted to NeurIPS, strengthening the investment case for its AI/HPC pivot. HIVE Digital (HIVE) Stock Soars 22% Following Columbia University AI Performance Validation
- Positive Sentiment: HIVE also disclosed a large three-year BUZZ HPC commercial contract worth about $220 million, which could meaningfully support future revenue growth. Why is HIVE stock soaring today and what comes next?
- Positive Sentiment: Trading activity has been unusually strong, including heavy call-option buying, which suggests traders are positioning for more upside.
- Neutral Sentiment: Recent commentary highlighted HIVE’s Q4 2026 earnings call and ongoing strategic growth plans, but these were more context than a fresh catalyst.
- Negative Sentiment: Several insider sales by director Susan B. McGee and director Dave Perrill may weigh on sentiment, as investors sometimes view repeated insider selling cautiously. SEC Form 4 filing for Susan B. McGee
Wall Street Analyst Weigh In
HIVE has been the subject of several recent research reports. UBS Group set a $8.00 price target on HIVE Digital Technologies in a report on Wednesday, June 3rd. Canaccord Genuity Group restated a “buy” rating and set a $10.00 price objective on shares of HIVE Digital Technologies in a research note on Friday, June 5th. B. Riley Financial increased their target price on HIVE Digital Technologies from $5.00 to $8.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Keefe, Bruyette & Woods raised their target price on HIVE Digital Technologies from $3.00 to $5.00 and gave the company a “market perform” rating in a report on Friday, June 5th. Finally, Weiss Ratings downgraded HIVE Digital Technologies from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, June 15th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, HIVE Digital Technologies presently has an average rating of “Moderate Buy” and an average target price of $6.90.
Read Our Latest Analysis on HIVE
Institutional Trading of HIVE Digital Technologies
Several hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC lifted its position in HIVE Digital Technologies by 1,885.8% in the fourth quarter. NewEdge Advisors LLC now owns 9,929 shares of the company’s stock worth $26,000 after purchasing an additional 9,429 shares during the period. Ground Swell Capital LLC acquired a new position in shares of HIVE Digital Technologies during the 4th quarter valued at $27,000. Rafferty Asset Management LLC bought a new stake in shares of HIVE Digital Technologies in the 4th quarter worth $28,000. State of Wyoming bought a new stake in shares of HIVE Digital Technologies in the 4th quarter worth $28,000. Finally, PKS Advisory Services LLC acquired a new stake in shares of HIVE Digital Technologies in the third quarter valued at $44,000. 24.42% of the stock is currently owned by institutional investors.
About HIVE Digital Technologies
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.
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