Hyperscale Data (NYSEAMERICAN:GPUS) Chairman Milton Ault III Purchases 397,500 Shares

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton Ault III acquired 397,500 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was acquired at an average cost of $0.13 per share, with a total value of $51,675.00. Following the completion of the purchase, the chairman owned 666,300 shares of the company’s stock, valued at $86,619. This trade represents a 147.88% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Hyperscale Data Stock Up 10.5%

NYSEAMERICAN:GPUS traded up $0.01 during mid-day trading on Wednesday, reaching $0.14. The company’s stock had a trading volume of 25,684,124 shares, compared to its average volume of 32,846,534. Hyperscale Data, Inc. has a 1 year low of $0.11 and a 1 year high of $9.98. The stock has a fifty day moving average of $0.15 and a 200-day moving average of $0.22. The company has a quick ratio of 0.73, a current ratio of 0.53 and a debt-to-equity ratio of 0.14.

Institutional Trading of Hyperscale Data

A number of hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its stake in Hyperscale Data by 2,029.5% in the fourth quarter. Geode Capital Management LLC now owns 3,482,917 shares of the company’s stock worth $639,000 after acquiring an additional 3,319,363 shares during the period. State Street Corp purchased a new stake in Hyperscale Data in the fourth quarter worth about $335,000. Virtu Financial LLC purchased a new stake in Hyperscale Data in the fourth quarter worth about $152,000. LPL Financial LLC purchased a new stake in Hyperscale Data in the fourth quarter worth about $73,000. Finally, Qube Research & Technologies Ltd purchased a new stake in Hyperscale Data in the second quarter worth about $47,000. 41.05% of the stock is owned by hedge funds and other institutional investors.

Hyperscale Data Company Profile

Hyperscale Data, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. It operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, Sentinum, GIGA, TurnOnGreen, ROI, and Ault Disruptive. The company offers lifting services; virtual markets, real world goods marketplaces, gaming, sweepstakes gaming, contest of skill, and building private spaces, as well as socialization and connectivity and real and virtual concerts.