Milton Ault III Purchases 107,999 Shares of Hyperscale Data (NYSEAMERICAN:GPUS) Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUSGet Free Report) Chairman Milton Ault III purchased 107,999 shares of Hyperscale Data stock in a transaction on Tuesday, September 1st. The shares were acquired at an average cost of $0.25 per share, for a total transaction of $26,999.75. Following the purchase, the chairman owned 402,500 shares in the company, valued at approximately $100,625. This trade represents a 36.67% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Hyperscale Data Stock Performance

GPUS opened at $0.19 on Friday. Hyperscale Data, Inc. has a 12 month low of $0.18 and a 12 month high of $3.65. The business has a 50-day moving average of $0.71 and a two-hundred day moving average of $0.81. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.54 and a current ratio of 0.57.

Hyperscale Data (NYSEAMERICAN:GPUSGet Free Report) last announced its quarterly earnings results on Wednesday, August 19th. The company reported ($0.25) EPS for the quarter. Hyperscale Data had a negative return on equity of 97.52% and a negative net margin of 71.03%.The firm had revenue of $34.84 million for the quarter.

Hyperscale Data announced that its Board of Directors has authorized a stock repurchase plan on Tuesday, May 26th that allows the company to buyback $5.00 million in shares. This buyback authorization allows the company to purchase up to 6.6% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Key Stories Impacting Hyperscale Data

Here are the key news stories impacting Hyperscale Data this week:

  • Positive Sentiment: Hyperscale Data said it has stopped Bitcoin mining at its Michigan facility to prepare the site for a previously announced AI data-center master services agreement. The agreement is expected to be worth approximately $1.2 billion, with potential expansion to about $3 billion if the customer’s deployment proceeds. The opportunity gives GPUS a potentially significant growth catalyst, although it is not yet reported revenue. AI Data Center Master Services Agreement
  • Positive Sentiment: Management reported approximately $110 million in stockholders’ equity and $360 million in total assets as of June 30. The company calculated net book value at roughly $0.95 per share and gross asset value at approximately $3.10 per share, figures that may attract value-focused investors if the assets can be realized near stated values. Hyperscale Data Book and Asset Value Update
  • Positive Sentiment: CEO William Horne purchased 100,000 shares at $0.20, while Executive Chairman Milton Ault bought 149,999 shares across September 1–2 at prices between $0.23 and $0.25. The insider buying may signal confidence in GPUS’s depressed valuation. Hyperscale Data Insider Purchases
  • Neutral Sentiment: The company said it held approximately 215 Bitcoin worth $16.7 million after selling about 65 Bitcoin for $5.1 million. The sales improve liquidity but reduce potential upside from Bitcoin appreciation. Hyperscale Data Bitcoin Treasury Update
  • Negative Sentiment: Investors appear concerned that the AI contract is still an expected opportunity rather than contracted revenue, while ending Michigan mining removes an existing activity during the transition. GPUS also remains unprofitable, recently reporting a loss of $0.25 per share, a negative 71.03% net margin, and current and quick ratios below 1.0.

Hedge Funds Weigh In On Hyperscale Data

Several institutional investors have recently modified their holdings of the company. Qube Research & Technologies Ltd acquired a new position in Hyperscale Data during the 2nd quarter valued at about $47,000. LPL Financial LLC acquired a new position in shares of Hyperscale Data during the fourth quarter valued at approximately $73,000. Virtu Financial LLC acquired a new position in shares of Hyperscale Data during the fourth quarter valued at approximately $152,000. State Street Corp bought a new stake in Hyperscale Data during the fourth quarter worth approximately $335,000. Finally, Geode Capital Management LLC lifted its position 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 purchasing an additional 3,319,363 shares during the period. Institutional investors own 41.05% of the company’s stock.

Hyperscale Data Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Hyperscale Data (NYSEAMERICAN:GPUS)

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