7 hours Ago By Defense World Staff
Russell Investments Group Ltd. acquired a new stake in shares of HIVE Digital Technologies Ltd. ( NASDAQ:HIVE – Free Report ) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The firm acquired 44,115 shares of the company’s stock, valued at approximately $126,000. Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Van ECK Associates Corp raised its stake in shares of HIVE Digital Technologies by 17.
9% in the 4th quarter. Van ECK Associates Corp now owns 4,562,489 shares of the company’s stock worth $13,003,000 after buying an additional 692,799 shares in the last quarter. State Street Corp raised its position in HIVE Digital Technologies by 2.
9% in the third quarter. State Street Corp now owns 3,214,101 shares of the company’s stock worth $10,060,000 after acquiring an additional 91,056 shares in the last quarter. Charles Schwab Investment Management Inc.
lifted its holdings in HIVE Digital Technologies by 126.4% in the 4th quarter. Charles Schwab Investment Management Inc.
now owns 736,287 shares of the company’s stock valued at $2,098,000 after acquiring an additional 411,071 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s.
bought a new position in shares of HIVE Digital Technologies during the 4th quarter valued at about $2,058,000. Finally, Quantbot Technologies LP acquired a new position in shares of HIVE Digital Technologies in the 4th quarter worth approximately $854,000. Institutional investors own 24.
42% of the company’s stock. Analysts Set New Price Targets HIVE has been the subject of a number of research reports. HC Wainwright restated a “buy” rating and set a $10.
00 target price (up from $8.00) on shares of HIVE Digital Technologies in a report on Thursday, February 13th. Rosenblatt Securities assumed coverage on HIVE Digital Technologies in a report on Friday, March 7th.
They issued a “buy” rating and a $6.00 target price on the stock. Cantor Fitzgerald reduced their target price on HIVE Digital Technologies from $10.
00 to $8.00 and set an “overweight” rating for the company in a report on Tuesday, March 11th. StockNews.
com raised HIVE Digital Technologies to a “sell” rating in a research note on Tuesday, January 14th. Finally, Keefe, Bruyette & Woods assumed coverage on shares of HIVE Digital Technologies in a research note on Wednesday, January 8th. They set an “outperform” rating for the company.
One analyst has rated the stock with a sell rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $7.
64. HIVE Digital Technologies Stock Performance Shares of HIVE opened at $1.79 on Friday.
The company has a market capitalization of $305.04 million, a PE ratio of -35.80 and a beta of 3.
55. The company has a debt-to-equity ratio of 0.03, a quick ratio of 10.
41 and a current ratio of 10.41. The company’s 50 day moving average price is $1.
74 and its 200 day moving average price is $2.90. HIVE Digital Technologies Ltd.
has a 52 week low of $1.26 and a 52 week high of $5.54.
HIVE Digital Technologies ( NASDAQ:HIVE – Get Free Report ) last posted its quarterly earnings results on Tuesday, February 11th. The company reported ($0.06) earnings per share 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%. Research analysts expect that HIVE Digital Technologies Ltd.
will post -0.32 EPS for the current fiscal year. HIVE Digital Technologies Company 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. Recommended Stories Five stocks we like better than HIVE Digital Technologies Dividend Screener: How to Evaluate Dividend Stocks Before Buying Short Sellers Gave Up on These 3 Names Recently Upcoming IPO Stock Lockup Period, Explained 3 Boring Stocks Outperforming the Market This Year Energy and Oil Stocks Explained If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy Want to see what other hedge funds are holding HIVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HIVE Digital Technologies Ltd.
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