Hyperscale Data (NYSEAMERICAN:GPUS) Chairman Purchases $20,000.00 in Stock

Key Points

• Chairman Milton Ault III purchased 100,000 shares at $0.20 each on Dec. 29 for $20,000, increasing his direct stake to 1,000,005 shares (an 11.11% rise), according to an SEC filing.
• GPUS shares fell 4.3% to $0.19 and are trading near their 12‑month low of $0.18, while the company reported a ($0.39) EPS, a negative net margin (~38.8%) and weak liquidity (quick ratio 0.49, current ratio 0.50).

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS - Get Free Report) Chairman Milton Ault III purchased 100,000 shares of Hyperscale Data stock in a transaction on Monday, December 29th. The shares were acquired at an average cost of $0.20 per share, with a total value of $20,000.00. Following the completion of the transaction, the chairman directly owned 1,000,005 shares in the company, valued at $200,001. The trade was a 11.11% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Hyperscale Data Trading Down 4.3%

Shares of NYSEAMERICAN GPUS traded down $0.01 during trading on Tuesday, reaching $0.19. 23,639,821 shares of the company traded hands, compared to its average volume of 24,564,998. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.49 and a current ratio of 0.50. The firm's fifty day simple moving average is $0.31 and its 200 day simple moving average is $0.64. Hyperscale Data, Inc. has a 12-month low of $0.18 and a 12-month high of $9.98.

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

Institutional Investors Weigh In On Hyperscale Data

A hedge fund recently bought a new stake in Hyperscale Data stock. Qube Research & Technologies Ltd bought a new position in shares of Hyperscale Data, Inc. (NYSEAMERICAN:GPUS - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 33,721 shares of the company's stock, valued at approximately $47,000. Qube Research & Technologies Ltd owned 0.17% of Hyperscale Data at the end of the most recent reporting period. 41.05% of the stock is currently owned by institutional investors and hedge funds.

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.

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