Susan Mcgee Sells 83,300 Shares of HIVE Digital Technologies (NASDAQ:HIVE) Stock

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) Director Susan Mcgee sold 83,300 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $4.24, for a total value of $353,192.00. Following the completion of the transaction, the director owned 125,000 shares of the company’s stock, valued at approximately $530,000. This represents a 39.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

HIVE Digital Technologies Stock Down 5.5%

HIVE stock opened at $4.63 on Wednesday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.10. The firm has a 50 day simple moving average of $3.41 and a 200-day simple moving average of $2.84. The company has a market capitalization of $1.22 billion, a P/E ratio of -8.27 and a beta of 3.74. HIVE Digital Technologies Ltd. has a twelve month low of $1.70 and a twelve month high of $7.84.

HIVE Digital Technologies (NASDAQ:HIVE) last posted its quarterly earnings results on Tuesday, June 2nd. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.07). The business had revenue of $71.82 million during the quarter, compared to the consensus estimate of $79.99 million. HIVE Digital Technologies had a negative return on equity of 23.12% and a negative net margin of 49.21%. On average, equities research analysts predict that HIVE Digital Technologies Ltd. will post -0.74 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on HIVE shares. Weiss Ratings lowered shares of HIVE Digital Technologies from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, June 15th. Keefe, Bruyette & Woods increased their price target on HIVE Digital Technologies from $3.00 to $5.00 and gave the company a “market perform” rating in a research note on Friday, June 5th. B. Riley Financial lifted their price target on HIVE Digital Technologies from $5.00 to $8.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Cantor Fitzgerald set a $7.00 price objective on HIVE Digital Technologies in a report on Thursday, June 4th. Finally, Rosenblatt Securities raised their target price on HIVE Digital Technologies from $5.00 to $5.50 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $6.90.

Institutional Investors Weigh In On HIVE Digital Technologies

A number of institutional investors have recently bought and sold shares of HIVE. Two Sigma Investments LP purchased a new stake in shares of HIVE Digital Technologies during the third quarter worth $17,584,000. Renaissance Technologies LLC purchased a new position in HIVE Digital Technologies in the fourth quarter valued at about $10,914,000. Situational Awareness LP acquired a new position in HIVE Digital Technologies in the 1st quarter worth about $6,444,000. Millennium Management LLC lifted its holdings in shares of HIVE Digital Technologies by 58.1% during the 4th quarter. Millennium Management LLC now owns 6,900,828 shares of the company’s stock valued at $17,804,000 after buying an additional 2,536,135 shares during the last quarter. Finally, Vident Advisory LLC lifted its holdings in shares of HIVE Digital Technologies by 53.0% during the 2nd quarter. Vident Advisory LLC now owns 3,766,446 shares of the company’s stock valued at $6,780,000 after buying an additional 1,305,057 shares during the last quarter. 24.42% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting HIVE Digital Technologies

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

• Positive Sentiment: Columbia University validated HIVE’s Paraguay GPU infrastructure in an AI research project submitted to NeurIPS, strengthening the investment case for its AI/HPC pivot. HIVE Digital (HIVE) Stock Soars 22% Following Columbia University AI Performance Validation
• Positive Sentiment: HIVE also disclosed a large three-year BUZZ HPC commercial contract worth about $220 million, which could meaningfully support future revenue growth. Why is HIVE stock soaring today and what comes next?
• Positive Sentiment: Trading activity has been unusually strong, including heavy call-option buying, which suggests traders are positioning for more upside.
• Neutral Sentiment: Recent commentary highlighted HIVE’s Q4 2026 earnings call and ongoing strategic growth plans, but these were more context than a fresh catalyst.
• Negative Sentiment: Several insider sales by director Susan B. McGee and director Dave Perrill may weigh on sentiment, as investors sometimes view repeated insider selling cautiously. SEC Form 4 filing for Susan B. McGee

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.