2 weeks Ago By Defense World Staff
Arrowstreet Capital Limited Partnership purchased a new position in HIVE Digital Technologies Ltd. (NASDAQ:HIVE – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 284,389 shares of the company’s stock, valued at approximately $811,000.
Arrowstreet Capital Limited Partnership owned approximately 0.19% of HIVE Digital Technologies as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds and other institutional investors have also added to or reduced their stakes in HIVE.
Charles Schwab Investment Management Inc. boosted its stake in HIVE Digital Technologies by 48.4% during the third quarter.
Charles Schwab Investment Management Inc. now owns 325,216 shares of the company’s stock worth $1,018,000 after buying an additional 106,103 shares during the last quarter. State Street Corp grew its holdings in shares of HIVE Digital Technologies by 2.
9% in the third quarter. State Street Corp now owns 3,214,101 shares of the company’s stock valued at $10,060,000 after purchasing an additional 91,056 shares during the period. Wellington Management Group LLP acquired a new stake in HIVE Digital Technologies during the third quarter worth about $120,000.
XTX Topco Ltd purchased a new position in HIVE Digital Technologies during the third quarter worth about $463,000. Finally, Toronto Dominion Bank boosted its holdings in HIVE Digital Technologies by 86,334.5% in the 3rd quarter.
Toronto Dominion Bank now owns 50,132 shares of the company’s stock valued at $157,000 after purchasing an additional 50,074 shares during the last quarter. 24.42% of the stock is owned by hedge funds and other institutional investors.
HIVE Digital Technologies Stock Up 3.5 %HIVE Digital Technologies stock opened at $1.48 on Friday.
HIVE Digital Technologies Ltd. has a twelve month low of $1.26 and a twelve month high of $5.
54. The firm has a market capitalization of $245.11 million, a P/E ratio of -29.
60 and a beta of 3.55. The company has a current ratio of 10.
41, a quick ratio of 10.41 and a debt-to-equity ratio of 0.03.
The stock’s fifty day simple moving average is $1.99 and its 200-day simple moving average is $3.00.
HIVE Digital Technologies (NASDAQ:HIVE – Get Free Report) last issued its earnings results on Tuesday, February 11th. The company reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates of ($0.
11) by $0.05. HIVE Digital Technologies had a negative net margin of 5.
45% and a negative return on equity of 8.95%. As a group, equities analysts expect that HIVE Digital Technologies Ltd.
will post -0.32 earnings per share for the current fiscal year. Analyst Ratings ChangesA number of research analysts recently commented on HIVE shares.
StockNews.com upgraded HIVE Digital Technologies to a “sell” rating in a report on Tuesday, January 14th. Rosenblatt Securities began coverage on HIVE Digital Technologies in a report on Friday, March 7th.
They set a “buy” rating and a $6.00 price target for the company. Keefe, Bruyette & Woods assumed coverage on shares of HIVE Digital Technologies in a research report on Wednesday, January 8th.
They issued an “outperform” rating on the stock. Canaccord Genuity Group reiterated a “buy” rating and set a $9.00 price target on shares of HIVE Digital Technologies in a research report on Wednesday, March 26th.
Finally, Roth Capital upgraded shares of HIVE Digital Technologies to a “strong-buy” rating in a report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, HIVE Digital Technologies presently has an average rating of “Buy” and a consensus price target of $7.
64.Read Our Latest Analysis on HIVEHIVE Digital Technologies Profile (Free Report)HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland.
The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.
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