Hyperscale Data (NYSEAMERICAN:GPUS) General Counsel Henry Carl Nisser Acquires 250,000 Shares

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) General Counsel Henry Carl Nisser purchased 250,000 shares of the business’s stock in a transaction on Friday, September 4th. The shares were bought at an average price of $0.19 per share, with a total value of $47,500.00. Following the purchase, the general counsel directly owned 250,000 shares in the company, valued at approximately $47,500. The trade was a ? increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Hyperscale Data Trading Up 1.3%

GPUS traded up $0.00 during midday trading on Tuesday, reaching $0.19. 41,651,527 shares of the company were exchanged, compared to its average volume of 15,162,780. Hyperscale Data, Inc. has a one year low of $0.17 and a one year high of $3.65. The company’s fifty day moving average price is $0.69 and its 200 day moving average price is $0.80. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.54 and a current ratio of 0.57.

Shares of Hyperscale Data are set to split before the market opens on Tuesday, September 15th. The 1.04066734 split was recently announced. The newly minted shares will be payable to shareholders after the market closes on Monday, September 14th.

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

Hyperscale Data declared that its board has initiated a share buyback program on Tuesday, May 26th that permits the company to buyback $5.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 6.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Institutional Trading of Hyperscale Data

Institutional investors and hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC boosted its holdings in Hyperscale Data by 2,029.5% during 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 last quarter. State Street Corp bought a new stake in Hyperscale Data in the 4th quarter worth about $335,000. Virtu Financial LLC purchased a new stake in Hyperscale Data in the 4th quarter valued at about $152,000. LPL Financial LLC purchased a new stake in Hyperscale Data in the 4th quarter valued at about $73,000. Finally, Qube Research & Technologies Ltd bought a new position in shares of Hyperscale Data during the 2nd quarter worth approximately $47,000. Hedge funds and other institutional investors own 41.05% of the company’s stock.

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.