1 week Ago By ABMN Staff
Hut 8 Corp. ( NASDAQ:HUT – Get Free Report ) gapped up prior to trading on Tuesday . The stock had previously closed at $21.
51, but opened at $22.54. Hut 8 shares last traded at $21.
66, with a volume of 791,979 shares traded. Analyst Ratings Changes HUT has been the topic of a number of recent analyst reports. Canaccord Genuity Group boosted their target price on Hut 8 from $22.
00 to $32.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Craig Hallum boosted their price objective on Hut 8 from $15.
00 to $32.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Cantor Fitzgerald started coverage on shares of Hut 8 in a report on Monday, December 9th.
They issued an “overweight” rating and a $35.00 target price for the company. Piper Sandler started coverage on shares of Hut 8 in a report on Tuesday, December 17th.
They set an “overweight” rating and a $33.00 price target on the stock. Finally, Benchmark upped their price target on shares of Hut 8 from $17.
00 to $32.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat.
com, the stock presently has a consensus rating of “Buy” and an average price target of $31.88. Get Our Latest Report on Hut 8 Hut 8 Trading Down 4.
7 % Institutional Trading of Hut 8 Institutional investors have recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new stake in Hut 8 in the third quarter valued at approximately $40,000. Amalgamated Bank acquired a new stake in shares of Hut 8 in the 2nd quarter valued at $42,000.
Intech Investment Management LLC acquired a new stake in shares of Hut 8 in the 3rd quarter valued at $133,000. Victory Capital Management Inc. bought a new stake in Hut 8 in the second quarter worth $154,000.
Finally, XTX Topco Ltd acquired a new stake in shares of Hut 8 in the third quarter worth about $162,000. Institutional investors and hedge funds own 31.75% of the company’s stock.
Hut 8 Company Profile ( Get Free Report ) Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other.
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