Dave Perrill Sells Shares of HIVE Digital Technologies
Dave Perrill sold 175,000 shares of HIVE Digital Technologies, valued at $820,750.
Key Points
- Dave Perrill sold 175,000 shares of HIVE Digital Technologies on June 19, 2026, for $820,750.
- HIVE has a market cap of $1.31 billion and a forward P/E of 20.42, with a 52-week high of $7.84.
- Analysts maintain a strong buy consensus with a mean target price of $7.07 for HIVE.
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Dave Perrill, associated with HIVE Digital Technologies Ltd. (NasdaqCM: HIVE), sold 175,000 shares on June 19, 2026. The shares were sold at an average price of $4.69, totaling a transaction value of $820,750. This insider transaction was not part of a pre-planned trading program.
Insider Buying and Selling at HIVE Digital Technologies Ltd.
Dave Perrill's recent sale on June 19 isn't his only transaction this year. On May 7, he sold another 112,500 shares. Susan McGee also sold 125,000 shares at $4.25 on June 19 and 83,300 shares at $4.24 on June 17. Luke Rossy, the COO, sold 215,000 shares at $3.97 on June 8.
HIVE Digital Technologies Ltd. Stock Up 68.6%
Shares of HIVE Digital Technologies traded near $4.68 on Wednesday. The company, with a market cap of approximately $1.31 billion, has a forward P/E ratio of 20.42 and a high beta of 3.719, indicating potential volatility. The stock's 52-week range spans from $1.60 to $7.84, with 50-day and 200-day moving averages of $3.23 and $3.31, respectively.
$HIVE stock price
Daily closing prices, year to date. Not investment advice.
Other Institutional Activity in HIVE Digital Technologies
Invesco Ltd. significantly increased its position by 13,262,135 shares, ending with a total of 13,342,511 shares valued at around $25.35 million. Millennium Management LLC added 387,229 shares, bringing its total to 7,288,057 shares worth approximately $13.83 million. Two Sigma Investments, LP grew its holdings by 552,222 shares to 6,090,807 shares, valued at $11.57 million. Charles Schwab Investment Management Inc. increased its stake by 63,594 shares, holding 5,250,957 shares valued at $9.98 million. Conversely, Vident Advisory, LLC reduced its position by 110,011 shares, now holding 4,217,130 shares worth about $8.01 million.
Analysts Set New Price Targets
On June 5, 2026, Keefe, Bruyette & Woods maintained a hold rating with a $5.00 price target for HIVE. Earlier, on June 3, both B. Riley Securities and Rosenblatt maintained buy ratings with price targets of $8.00 and $5.50, respectively. HC Wainwright & Co. reiterated a buy rating with a $7.00 target. The consensus among analysts is a strong buy, with a mean target price of $7.07 across seven analyst opinions.
About HIVE Digital Technologies
HIVE Digital Technologies Ltd. is a technology company that builds and operates data centers powered by green energy in Bermuda and Paraguay. The company is involved in the mining and sale of digital currencies and provides performance computing hosting. Headquartered in San Antonio, Texas, and led by CEO Aydin Kilic, HIVE also offers infrastructure solutions to distributed networks in the blockchain industry. It was formerly known as HIVE Blockchain Technologies Ltd.
Bottom Line
Dave Perrill's recent sale of shares in HIVE Digital Technologies highlights ongoing insider activity within the company. Investors often watch these transactions for signals about company sentiment, though selling isn't necessarily negative. HIVE's market dynamics, including a high beta and a strong buy consensus from analysts, make it a stock to watch. As always, the details from insider transactions and analyst ratings provide valuable insights for those tracking HIVE's performance.
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