Militia Capital Partners LP Buys Shares of 501,200 Hyperliquid Strategies Inc $PURR

Militia Capital Partners LP acquired a new position in shares of Hyperliquid Strategies Inc (NASDAQ:PURR) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 501,200 shares of the company’s stock, valued at approximately $1,784,000. Militia Capital Partners LP owned approximately 0.40% of Hyperliquid Strategies as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Paradigm Operations LP bought a new stake in shares of Hyperliquid Strategies during the 4th quarter worth approximately $20,327,000. Squarepoint Ops LLC bought a new stake in shares of Hyperliquid Strategies during the 4th quarter worth approximately $73,000. OMERS ADMINISTRATION Corp bought a new stake in shares of Hyperliquid Strategies during the 4th quarter worth approximately $156,000. GM Advisory Group LLC bought a new stake in shares of Hyperliquid Strategies during the 4th quarter worth approximately $2,946,000. Finally, Jane Street Group LLC bought a new stake in shares of Hyperliquid Strategies during the 4th quarter worth approximately $339,000. Institutional investors own 9.45% of the company’s stock.

Hyperliquid Strategies Stock Up 7.5%

PURR stock opened at $10.04 on Wednesday. The company has a market cap of $1.45 billion, a PE ratio of -1.36 and a beta of 1.64. The stock’s fifty day moving average price is $7.33. Hyperliquid Strategies Inc has a fifty-two week low of $3.01 and a fifty-two week high of $11.62.

Hyperliquid Strategies (NASDAQ:PURR) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.01 earnings per share for the quarter. The firm had revenue of $2.63 million for the quarter. Equities research analysts expect that Hyperliquid Strategies Inc will post -0.75 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on PURR. Weiss Ratings upgraded Hyperliquid Strategies from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, June 3rd. Chardan Capital reiterated a “buy” rating and set a $9.75 price objective on shares of Hyperliquid Strategies in a research note on Friday, June 12th. Maxim Group began coverage on Hyperliquid Strategies in a research note on Friday, April 24th. They set a “buy” rating and a $10.00 price objective on the stock. Wall Street Zen upgraded Hyperliquid Strategies to a “hold” rating in a research note on Saturday, February 21st. Finally, Cantor Fitzgerald upped their price objective on Hyperliquid Strategies from $6.00 to $8.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $9.25.

Hyperliquid Strategies Company Profile

Hyperliquid Strategies Inc is a digital asset treasury company whose primary focus is to maximize shareholder value through accumulating HYPE, the native token of Hyperliquid, a high-performance blockchain custom-built to house all of finance. Hyperliquid Strategies Inc, formerly known as Sonnet BioTherapeutics Holdings Inc, is based in NEW YORK.