Milton Ault III Buys 500,000 Shares of Hyperscale Data (NYSEAMERICAN:GPUS) Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUSGet Free Report) Chairman Milton Ault III bought 500,000 shares of the stock in a transaction on Tuesday, December 30th. The stock was purchased at an average price of $0.19 per share, for a total transaction of $95,000.00. Following the completion of the purchase, the chairman directly owned 1,500,005 shares in the company, valued at approximately $285,000.95. This represents a 50.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Hyperscale Data Stock Down 4.0%

Shares of NYSEAMERICAN:GPUS opened at $0.18 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 $0.18 and a 52-week high of $9.98. The firm has a fifty day moving average of $0.30 and a 200 day moving average of $0.61.

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

Hedge Funds Weigh In On Hyperscale Data

An institutional investor recently bought a new position in Hyperscale Data stock. Qube Research & Technologies Ltd bought a new position in Hyperscale Data, Inc. (NYSEAMERICAN:GPUSFree Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund 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 at the end of the most recent quarter. Hedge funds and other institutional investors own 41.05% of the company’s stock.

About Hyperscale Data

(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.

Further Reading

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

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