WINTON GROUP Ltd Sells 115,177 Shares of Hyperliquid Strategies Inc $PURR

Key Points

• WINTON GROUP Ltd cut its Hyperliquid Strategies stake by 88.1% in the second quarter, selling 115,177 shares and retaining 15,600 shares valued at approximately $123,000.
• Institutional interest was mixed but notable: BlackRock and Paradigm Operations initiated large positions, while institutional investors collectively owned 9.45% of the company.
• Analyst sentiment remained broadly positive, with an average rating of “Buy” and a consensus price target of $19.80, despite ratings ranging from “Sell” to “Overweight.”

WINTON GROUP Ltd trimmed its holdings in shares of Hyperliquid Strategies Inc (NASDAQ:PURR - Free Report) by 88.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,600 shares of the company's stock after selling 115,177 shares during the period. WINTON GROUP Ltd's holdings in Hyperliquid Strategies were worth $123,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PURR. BlackRock Inc. bought a new stake in shares of Hyperliquid Strategies in the 2nd quarter valued at about $79,842,000. Paradigm Operations LP purchased a new position in Hyperliquid Strategies in the 2nd quarter worth approximately $44,936,535. OLP CAPITAL MANAGEMENT Ltd purchased a new position in Hyperliquid Strategies in the 1st quarter worth approximately $10,459,000. Wealth High Governance Capital Ltda bought a new stake in Hyperliquid Strategies in the second quarter valued at approximately $6,517,000. Finally, 683 Capital Management LLC purchased a new stake in shares of Hyperliquid Strategies during the fourth quarter valued at approximately $5,660,000. 9.45% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on PURR. Wall Street Zen cut shares of Hyperliquid Strategies from a "hold" rating to a "sell" rating in a report on Saturday, August 29th. Compass Point initiated coverage on shares of Hyperliquid Strategies in a research report on Monday. They set a "buy" rating and a $18.00 price target for the company. Chardan Capital raised their price target on shares of Hyperliquid Strategies from $9.75 to $17.00 and gave the stock a "buy" rating in a report on Friday, August 28th. Weiss Ratings upgraded shares of Hyperliquid Strategies from a "sell (d+)" rating to a "hold (c)" rating in a research report on Friday, August 28th. Finally, Cantor Fitzgerald upped their price objective on shares of Hyperliquid Strategies from $22.60 to $34.20 and gave the company an "overweight" rating in a research note on Thursday, September 10th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $19.80.

Hyperliquid Strategies Price Performance

PURR stock opened at $14.09 on Friday. Hyperliquid Strategies Inc has a 1 year low of $3.01 and a 1 year high of $14.47. The firm has a 50-day moving average of $9.01 and a 200 day moving average of $7.68. The company has a market cap of $3.35 billion, a P/E ratio of -2.19 and a beta of 1.89.

Hyperliquid Strategies Profile

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