Tidal Investments LLC Takes $5.29 Million Position in Hyperliquid Strategies Inc $PURR

Tidal Investments LLC purchased a new stake in Hyperliquid Strategies Inc (NASDAQ:PURR) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 671,514 shares of the company’s stock, valued at approximately $5,285,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Galaxy Digital Inc. acquired a new position in Hyperliquid Strategies during the 1st quarter valued at about $4,581,000. Militia Capital Management LLC purchased a new stake in shares of Hyperliquid Strategies during the first quarter valued at $3,323,000. OLP CAPITAL MANAGEMENT Ltd acquired a new position in shares of Hyperliquid Strategies in the first quarter worth about $10,459,000. Maplelane Capital LLC purchased a new stake in shares of Hyperliquid Strategies in the first quarter valued at $2,927,000. Finally, Deutsche Bank AG acquired a new stake in Hyperliquid Strategies during the 2nd quarter worth about $965,000. Institutional investors and hedge funds own 9.45% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Weiss Ratings raised shares of Hyperliquid Strategies from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, August 28th. Chardan Capital upped their price objective on shares of Hyperliquid Strategies from $9.75 to $17.00 and gave the company a “buy” rating in a research report on Friday, August 28th. Cantor Fitzgerald increased their target price on shares of Hyperliquid Strategies from $22.60 to $34.20 and gave the company an “overweight” rating in a research note on Thursday. Finally, Wall Street Zen lowered Hyperliquid Strategies from a “hold” rating to a “sell” rating in a research note on Saturday, August 29th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $20.40.

Hyperliquid Strategies Stock Performance

PURR stock opened at $11.61 on Monday. The business’s 50 day moving average is $8.58 and its 200-day moving average is $7.42. The firm has a market cap of $2.30 billion, a P/E ratio of -1.81 and a beta of 1.89. Hyperliquid Strategies Inc has a 1-year low of $3.01 and a 1-year high of $14.14.

Hyperliquid Strategies Company Profile