Hyperliquid Strategies (NASDAQ:PURR) Stock Price Down 6.4% – Should You Sell?

Posted by Chris Copeland on Sep 12th, 2026

Hyperliquid Strategies Inc (NASDAQ:PURR – Get Free Report) shares were down 6.4% during trading on Thursday . The company traded as low as $11.29 and last traded at $11.2590. Approximately 8,344,465 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 10,588,859 shares. The stock had previously closed at $12.03.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Report on Hyperliquid Strategies

Hyperliquid Strategies Trading Up 5.4%

The stock has a market capitalization of $2.30 billion, a price-to-earnings ratio of -1.81 and a beta of 1.89. The stock’s 50 day moving average is $8.58 and its two-hundred day moving average is $7.40.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of PURR. Boothbay Fund Management LLC bought a new position in shares of Hyperliquid Strategies during the fourth quarter worth about $40,000. State of Wyoming bought a new stake in Hyperliquid Strategies in the 2nd quarter valued at approximately $46,000. XTX Topco Ltd acquired a new position in Hyperliquid Strategies during the 4th quarter worth approximately $48,000. Squarepoint Ops LLC acquired a new position in Hyperliquid Strategies during the 4th quarter worth approximately $73,000. Finally, Shepherd Financial Partners LLC bought a new position in shares of Hyperliquid Strategies during the 2nd quarter worth approximately $79,000. 9.45% of the stock is owned by institutional investors and hedge funds.