HIVE Digital TechnologiesHIVE
Market Cap: $369M
About: HIVE Digital Technologies Ltd is in the business of providing infrastructure solutions in the blockchain industry. It focuses on the mining and sale of digital currencies. Its geographical segments include Canada, Sweden, Iceland, Switzerland, and Bermuda, out of which the majority of the revenue comes from Bermuda.
Employees: 20
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
178% more call options, than puts
Call options by funds: $5.48M | Put options by funds: $1.97M
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
1% less capital invested
Capital invested by funds: $87.2M [Q1] → $86.4M (-$749K) [Q2]
1.76% less ownership
Funds ownership: 25.71% [Q1] → 23.94% (-1.76%) [Q2]
10% less funds holding
Funds holding: 77 [Q1] → 69 (-8) [Q2]
44% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 18
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Northland Capital Markets Mike Grondahl 59% 1-year accuracy 10 / 17 met price target | 77%upside $5.50 | Outperform Initiated | 19 Sept 2024 |
Canaccord Genuity Joseph Vafi 47% 1-year accuracy 36 / 76 met price target | 93%upside $6 | Buy Maintained | 21 Aug 2024 |
HC Wainwright & Co. Mike Colonnese 22% 1-year accuracy 11 / 50 met price target | 61%upside $5 | Buy Upgraded | 15 Aug 2024 |
HC Wainwright & Co. Mike Colonnese 22% 1-year accuracy 11 / 50 met price target | 29%upside $4 | Neutral Maintained | 22 Jul 2024 |
B. Riley Securities Lucas Piper 0% 1-year accuracy 0 / 1 met price target | 93%upside $6 | Buy Initiated | 19 Jul 2024 |
Financial journalist opinion
Based on 8 articles about HIVE published over the past 30 days