HIVE Digital Technologies (NASDAQ:HIVE) Director Dave Perrill Sells 100,000 Shares of Stock

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) Director Dave Perrill sold 100,000 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $2.72, for a total transaction of $272,000.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Dave Perrill also recently made the following trade(s):

• On Friday, June 19th, Dave Perrill sold 175,000 shares of HIVE Digital Technologies stock. The shares were sold at an average price of $4.69, for a total value of $820,750.00.

HIVE Digital Technologies Stock Up 1.4%

Shares of NASDAQ:HIVE traded up $0.04 during trading on Wednesday, reaching $2.82. 38,145,179 shares of the stock were exchanged, compared to its average volume of 20,267,916. HIVE Digital Technologies Ltd. has a 1-year low of $1.73 and a 1-year high of $7.84. The stock has a fifty day moving average of $3.29 and a two-hundred day moving average of $2.86. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.96 and a quick ratio of 1.10. The firm has a market cap of $773.47 million, a price-to-earnings ratio of -2.19 and a beta of 3.78.

HIVE Digital Technologies (NASDAQ:HIVE) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.21) by ($0.33). The business had revenue of $79.12 million for the quarter, compared to analyst estimates of $81.72 million. HIVE Digital Technologies had a negative return on equity of 31.98% and a negative net margin of 98.49%.During the same quarter in the previous year, the company posted $0.18 EPS. Research analysts anticipate that HIVE Digital Technologies Ltd. will post -0.78 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on HIVE shares. Keefe, Bruyette & Woods increased their price target on HIVE Digital Technologies from $3.00 to $5.00 and gave the company a “market perform” rating in a research report on Friday, June 5th. UBS Group set a $8.00 target price on HIVE Digital Technologies in a research report on Wednesday, June 3rd. Cantor Fitzgerald set a $7.00 price target on shares of HIVE Digital Technologies in a report on Thursday, June 4th. Canaccord Genuity Group restated a “buy” rating and set a $10.00 price objective on shares of HIVE Digital Technologies in a report on Tuesday. Finally, Wall Street Zen cut shares of HIVE Digital Technologies from a “sell” rating to a “strong sell” rating in a research note on Sunday, July 12th. Seven research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $6.95.

HIVE Digital Technologies News Summary

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

• Positive Sentiment: HIVE announced a potential $350 million AI cloud opportunity, representing approximately $70 million in annual recurring revenue under a five-year arrangement. The deal could materially improve revenue visibility and strengthen the company’s positioning in the AI infrastructure market. A $350 million reason to buy HIVE Digital Technologies stock
• Positive Sentiment: Management is targeting $200 million in AI cloud annual recurring revenue, with Bitcoin-mining cash flow helping fund GPU capacity and expansion. Investors view the strategy as a possible catalyst for diversifying HIVE beyond volatile Bitcoin mining. HIVE Q1 Earnings Call Focuses on GPU Cloud Contract Ramp
• Positive Sentiment: Analyst sentiment remains supportive. HC Wainwright maintained a Buy rating and a $7 price target while raising its projected 2027 quarterly EPS estimates, and Canaccord Genuity reaffirmed its Buy rating with a $10 target. These revisions suggest analysts expect improving results as AI contracts ramp. Chardan Capital Reiterates Buy Rating for HIVE Digital Technologies
• Neutral Sentiment: Unusually high options activity and a test of the $3 technical resistance level indicate elevated speculative interest, but options positioning does not establish a clear long-term direction. HIVE Digital Technologies Target of Unusually High Options Trading
• Negative Sentiment: Execution and profitability remain key risks. HIVE recently reported a wider-than-expected quarterly loss and revenue below consensus, while its AI strategy requires substantial investment in GPUs and data-center capacity. Shares also traded lower in premarket trading as investors digested the deal and broader market weakness. HIVE Digital Stock Tests $3 Resistance

Institutional Trading of HIVE Digital Technologies

A number of large investors have recently modified their holdings of HIVE. NewEdge Advisors LLC increased its stake 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 valued at $26,000 after acquiring an additional 9,429 shares during the last quarter. Private Advisor Group LLC bought a new position in shares of HIVE Digital Technologies during the 1st quarter valued at about $27,000. Ground Swell Capital LLC bought a new position in shares of HIVE Digital Technologies during the 4th quarter valued at about $27,000. Rafferty Asset Management LLC purchased a new position in shares of HIVE Digital Technologies during the 4th quarter valued at about $28,000. Finally, State of Wyoming purchased a new stake in HIVE Digital Technologies in the fourth quarter worth approximately $28,000. Institutional investors own 24.42% of the company’s stock.

HIVE Digital Technologies Company Profile

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.