Insider Buying: Hyperscale Data (NYSEAMERICAN:GPUS) Chairman Acquires $46,000.00 in Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton Ault III acquired 200,000 shares of the stock in a transaction dated Monday, December 22nd. The shares were bought at an average price of $0.23 per share, for a total transaction of $46,000.00. Following the transaction, the chairman owned 900,005 shares in the company, valued at approximately $207,001.15. This represents a 28.57% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Hyperscale Data Stock Up 1.1%

Shares of NYSEAMERICAN:GPUS opened at $0.23 on Friday. The company has a current ratio of 0.50, a quick ratio of 0.49 and a debt-to-equity ratio of 0.03. Hyperscale Data, Inc. has a 52-week low of $0.20 and a 52-week high of $9.98. The firm has a fifty day moving average of $0.32 and a 200 day moving average of $0.76.

Hyperscale Data (NYSEAMERICAN:GPUS) last issued its quarterly earnings results on Monday, November 17th. The company reported ($0.39) earnings per share (EPS) for the quarter. Hyperscale Data had a negative return on equity of 217.89% and a negative net margin of 38.79%.The firm had revenue of $24.33 million for the quarter.

Institutional Investors Weigh In On Hyperscale Data

A hedge fund recently bought a new stake in Hyperscale Data stock. Qube Research & Technologies Ltd bought a new stake in shares of Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 33,721 shares of the company’s stock, valued at approximately $47,000. Qube Research & Technologies Ltd owned about 0.17% of Hyperscale Data as of its most recent filing with the Securities and Exchange Commission. 41.05% of the stock is currently owned by institutional investors and hedge funds.

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.