62,631 Shares of Hyperliquid Strategies Inc $PURR Bought by Smallwood Wealth Investment Management LLC

Smallwood Wealth Investment Management LLC purchased a new position in shares of Hyperliquid Strategies Inc (NASDAQ:PURR) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 62,631 shares of the company’s stock, valued at approximately $768,000.

A number of other large investors have also bought and sold shares of the stock. Sterling Capital Management LLC lifted its position in Hyperliquid Strategies by 48.5% in the third quarter. Sterling Capital Management LLC now owns 3,762 shares of the company’s stock valued at $46,000 after purchasing an additional 1,229 shares during the last quarter. Vima LLC boosted its stake in shares of Hyperliquid Strategies by 202.7% during the third quarter. Vima LLC now owns 5,364 shares of the company’s stock valued at $66,000 after purchasing an additional 3,592 shares during the period. Profund Advisors LLC boosted its stake in shares of Hyperliquid Strategies by 4.2% during the third quarter. Profund Advisors LLC now owns 91,907 shares of the company’s stock valued at $1,128,000 after purchasing an additional 3,712 shares during the period. State of Wyoming purchased a new stake in shares of Hyperliquid Strategies during the second quarter valued at approximately $46,000. Finally, CoreCap Advisors LLC grew its holdings in shares of Hyperliquid Strategies by 740.0% in the third quarter. CoreCap Advisors LLC now owns 8,400 shares of the company’s stock worth $103,000 after purchasing an additional 7,400 shares during the last quarter. 9.45% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Chardan Capital raised their target price 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. Compass Point began coverage on shares of Hyperliquid Strategies in a report on Monday, September 14th. They set a “buy” rating and a $18.00 price target for the company. Wall Street Zen cut shares of Hyperliquid Strategies from a “hold” rating to a “sell” rating in a research report on Sunday, October 11th. Weiss Ratings lowered shares of Hyperliquid Strategies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 23rd. Finally, Cantor Fitzgerald boosted their price objective on shares of Hyperliquid Strategies from $22.60 to $34.20 and gave the company an “overweight” rating in a research report on Thursday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $19.80.

Hyperliquid Strategies Trading Down 4.6%

NASDAQ PURR opened at $9.69 on Thursday. Hyperliquid Strategies Inc has a fifty-two week low of $3.01 and a fifty-two week high of $14.76. The stock has a 50 day simple moving average of $11.36 and a two-hundred day simple moving average of $8.02.

About Hyperliquid Strategies

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.