HIVE Digital Technologies (NASDAQ:HIVE) Director Sells $272,000.00 in Stock

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) Director Dave Perrill sold 100,000 shares of the stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $2.72, for a total value of $272,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 Trading Down 3.2%

Shares of HIVE stock opened at $3.03 on Friday. The business has a 50-day moving average price of $3.27 and a two-hundred day moving average price of $2.86. HIVE Digital Technologies Ltd. has a 12-month low of $1.73 and a 12-month high of $7.84. The company has a quick ratio of 1.10, a current ratio of 1.96 and a debt-to-equity ratio of 0.85. The firm has a market cap of $831.06 million, a P/E ratio of -2.35 and a beta of 3.78.

HIVE Digital Technologies (NASDAQ:HIVE) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.54) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.33). The firm had revenue of $79.12 million for the quarter, compared to the consensus estimate of $81.72 million. HIVE Digital Technologies had a negative net margin of 98.49% and a negative return on equity of 31.98%. During the same quarter last year, the company posted $0.18 earnings per share. Equities analysts anticipate that HIVE Digital Technologies Ltd. will post -0.61 EPS for the current fiscal year.

Key Stories Impacting HIVE Digital Technologies

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

• Positive Sentiment: Rosenblatt raised its price target. Rosenblatt Securities increased its target from $5.50 to $6.00 and maintained a “Buy” rating, implying significant potential upside from recent trading levels. Rosenblatt price target report
• Positive Sentiment: HC Wainwright remains bullish. The firm reiterated a “Buy” rating and a $7.00 price target while forecasting a narrower FY2027 loss of $0.50 per share. HC Wainwright forecast for HIVE
• Positive Sentiment: Northland improved its earnings outlook. Northland Securities raised its FY2027 EPS forecast to a loss of $0.58 from $0.72 and also upgraded its estimates for the second, third and fourth quarters of FY2027, suggesting expectations for improving profitability.
• Positive Sentiment: Analyst sentiment is broadly favorable. Canaccord Genuity reiterated its “Buy” rating, while the overall analyst consensus is reported as “Moderate Buy.” Coverage continues to focus on HIVE’s expansion beyond cryptocurrency mining into AI and high-performance-computing infrastructure. Canaccord Buy rating
• Neutral Sentiment: AI infrastructure offers a potential catalyst, but execution remains important. Reports highlight HIVE’s approximately $350 million GPU cloud opportunity and plans to use mining cash flow to fund expansion. Investors will likely look for evidence that the agreement converts into recurring revenue and improves margins. $350 million reason to buy HIVE
• Negative Sentiment: Director selling may pressure sentiment. Director Dave Perrill sold 100,000 shares for approximately $272,000 at an average price of $2.72. The sale follows an earlier disposal of 175,000 shares in June, potentially raising investor concerns about insider confidence.
• Negative Sentiment: HIVE’s latest results were weaker than expected. The company reported a quarterly loss of $0.54 per share versus the $0.21 consensus estimate, while revenue of $79.1 million fell short of expectations of $81.7 million. HIVE remains unprofitable, making successful AI expansion critical to supporting its valuation.

Hedge Funds Weigh In On HIVE Digital Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC increased its stake in HIVE Digital Technologies by 1,885.8% in the 4th quarter. NewEdge Advisors LLC now owns 9,929 shares of the company’s stock worth $26,000 after purchasing an additional 9,429 shares during the period. Private Advisor Group LLC bought a new stake in HIVE Digital Technologies in the first quarter valued at approximately $27,000. Ground Swell Capital LLC purchased a new stake in shares of HIVE Digital Technologies during the fourth quarter valued at approximately $27,000. Rafferty Asset Management LLC purchased a new stake in shares of HIVE Digital Technologies during the fourth quarter valued at approximately $28,000. Finally, State of Wyoming bought a new position in shares of HIVE Digital Technologies in the fourth quarter worth approximately $28,000. 24.42% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

HIVE has been the topic of several research reports. UBS Group set a $8.00 price target on shares of HIVE Digital Technologies in a research note on Wednesday, June 3rd. Weiss Ratings raised shares of HIVE Digital Technologies from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, August 14th. Rosenblatt Securities increased their target price on shares of HIVE Digital Technologies from $5.50 to $6.00 and gave the company a “buy” rating in a report on Thursday. B. Riley Financial increased their target price on shares of HIVE Digital Technologies from $5.00 to $8.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Finally, Chardan Capital reiterated a “buy” rating and issued a $7.50 target price on shares of HIVE Digital Technologies in a research report on Monday, August 17th. Seven investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $7.00.

About HIVE Digital Technologies

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.