SLT Holdings LLC Purchases 56,500 Shares of Hyperliquid Strategies Inc $PURR

SLT Holdings LLC purchased a new stake in Hyperliquid Strategies Inc (NASDAQ:PURR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 56,500 shares of the company’s stock, valued at approximately $693,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. purchased a new position in Hyperliquid Strategies during the 2nd quarter worth $79,842,000. Paradigm Operations LP purchased a new stake in shares of Hyperliquid Strategies in the second quarter valued at about $44,936,535. OLP CAPITAL MANAGEMENT Ltd purchased a new stake in shares of Hyperliquid Strategies in the first quarter valued at about $10,459,000. Wealth High Governance Capital Ltda bought a new position in shares of Hyperliquid Strategies during the second quarter valued at about $6,517,000. Finally, 683 Capital Management LLC bought a new position in shares of Hyperliquid Strategies during the fourth quarter valued at about $5,660,000. 9.45% of the stock is owned by hedge funds and other institutional investors.

Hyperliquid Strategies Price Performance

Shares of NASDAQ:PURR opened at $9.80 on Friday. Hyperliquid Strategies Inc has a 1 year low of $3.01 and a 1 year high of $14.76. The company has a market capitalization of $2.73 billion, a PE ratio of -1.53 and a beta of 1.89. The business has a fifty day moving average price of $11.02 and a two-hundred day moving average price of $8.60.

Analyst Ratings Changes

PURR has been the topic of several analyst reports. Chardan Capital boosted their price target on shares of Hyperliquid Strategies from $9.75 to $17.00 and gave the stock a “buy” rating in a report on Friday, August 28th. Cantor Fitzgerald increased their price objective on shares of Hyperliquid Strategies from $22.60 to $34.20 and gave the company an “overweight” rating in a research note on Thursday, September 10th. Wall Street Zen lowered shares of Hyperliquid Strategies from a “hold” rating to a “sell” rating in a research note on Sunday, October 11th. Compass Point initiated coverage on shares of Hyperliquid Strategies in a research report on Monday, September 14th. They set a “buy” rating and a $18.00 target price on the stock. Finally, Weiss Ratings upgraded Hyperliquid Strategies from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to MarketBeat, Hyperliquid Strategies presently has an average rating of “Buy” and an average target price of $19.80.

Hyperliquid Strategies Company Profile