HIVE Digital Technologies (NASDAQ:HIVE) Director Dave Perrill Sells 175,000 Shares

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) Director Dave Perrill sold 175,000 shares of the business’s stock in a transaction dated Friday, June 19th. The stock was sold at an average price of $4.69, for a total value of $820,750.00. Following the sale, the director owned 162,500 shares in the company, valued at approximately $762,125. This trade represents a 51.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

HIVE Digital Technologies Stock Down 5.5%

Shares of NASDAQ HIVE opened at $4.63 on Wednesday. The company has a 50 day simple moving average of $3.41 and a 200 day simple moving average of $2.84. The firm has a market cap of $1.22 billion, a PE ratio of -8.27 and a beta of 3.74. HIVE Digital Technologies Ltd. has a 1 year low of $1.70 and a 1 year high of $7.84. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.10 and a quick ratio of 1.10.

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

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

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Keefe, Bruyette & Woods upped their price target on shares of HIVE Digital Technologies from $3.00 to $5.00 and gave the company a “market perform” rating in a research report on Friday, June 5th. Cantor Fitzgerald set a $7.00 price objective on HIVE Digital Technologies in a research report on Thursday, June 4th. HC Wainwright reissued a “buy” rating and issued a $7.00 price objective on shares of HIVE Digital Technologies in a research note on Wednesday, June 3rd. UBS Group set a $8.00 target price on HIVE Digital Technologies in a research report on Wednesday, June 3rd. Finally, Rosenblatt Securities raised their target price on HIVE Digital Technologies from $5.00 to $5.50 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to 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 hedge funds have recently added to or reduced their stakes in HIVE. Stillwater Private Wealth LLC bought a new position in shares of HIVE Digital Technologies in the 1st quarter worth $38,000. Situational Awareness LP acquired a new position in HIVE Digital Technologies during the first quarter worth $6,444,000. Empowered Funds LLC bought a new position in shares of HIVE Digital Technologies in the first quarter valued at $1,934,000. CI Investments Inc. grew its holdings in shares of HIVE Digital Technologies by 37.9% during the first quarter. CI Investments Inc. now owns 54,429 shares of the company’s stock valued at $103,000 after buying an additional 14,964 shares during the last quarter. Finally, Chicago Partners Investment Group LLC grew its holdings in shares of HIVE Digital Technologies by 30.3% during the first quarter. Chicago Partners Investment Group LLC now owns 205,322 shares of the company’s stock valued at $390,000 after buying an additional 47,711 shares during the last quarter. Institutional investors and hedge funds own 24.42% of the company’s stock.

HIVE Digital Technologies Company Profile

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.