Henry Carl Nisser Acquires 250,000 Shares of Hyperscale Data (NYSEAMERICAN:GPUS) Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) General Counsel Henry Carl Nisser acquired 250,000 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The shares were bought at an average cost of $0.19 per share, for a total transaction of $47,500.00. Following the purchase, the general counsel owned 250,000 shares of the company’s stock, valued at approximately $47,500. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Hyperscale Data Trading Up 6.4%

Hyperscale Data stock opened at $0.20 on Thursday. The stock has a 50-day moving average price of $0.67 and a 200 day moving average price of $0.79. Hyperscale Data, Inc. has a 52 week low of $0.17 and a 52 week high of $3.65. The company has a current ratio of 0.57, a quick ratio of 0.54 and a debt-to-equity ratio of 0.29.

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

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

Hyperscale Data declared that its board has authorized a share repurchase plan on Tuesday, May 26th that permits the company to repurchase $5.00 million in shares. This repurchase authorization permits the company to reacquire up to 6.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Institutional Trading of Hyperscale Data

Hedge funds and other institutional investors have recently bought and sold shares of the company. Qube Research & Technologies Ltd acquired a new position in Hyperscale Data in the 2nd quarter valued at $47,000. LPL Financial LLC purchased a new stake in shares of Hyperscale Data in the fourth quarter valued at $73,000. Virtu Financial LLC acquired a new position in Hyperscale Data in the fourth quarter valued at $152,000. State Street Corp acquired a new position in Hyperscale Data in the fourth quarter valued at $335,000. Finally, Geode Capital Management LLC lifted its position 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 buying an additional 3,319,363 shares during the period. 41.05% of the stock is owned by hedge funds and other institutional investors.

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.