Hut 8 Corp (NASDAQ: HUT) is 2.41% higher on its value in year-to-date trading and has touched a low of $8.73 and a high of $31.95 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HUT stock was last observed hovering at around $21.14 in the last trading session, with the day’s loss setting it -0.76%.
Currently trading at $20.38, the stock is -3.08% and 9.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.4 million and changing -3.60% at the moment leaves the stock 10.86% off its SMA200. HUT registered -0.54% loss for a year compared to 6-month loss of -19.86%. The firm has a 50-day simple moving average (SMA 50) of $18.5924 and a 200-day simple moving average (SMA200) of $18.38335.
The stock witnessed a 16.79% gain in the last 1 month and extending the period to 3 months gives it a 57.98%, and is -5.74% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.51% over the week and 6.75% over the month.
Hut 8 Corp (HUT) has around 222 employees, a market worth around $2.35B and $132.46M in sales. Profit margin for the company is -39.86%. Distance from 52-week low is 133.43% and -36.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.26%).
with sales reaching $49.43M over the same period.The EPS is expected to shrink by -142.56% this year, but quarterly earnings will post 38.69% year-over-year. Quarterly sales are estimated to grow 40.36% in year-over-year returns.
Hut 8 Corp (HUT) Top Institutional Holders
305.0 institutions hold shares in Hut 8 Corp (HUT), with institutional investors hold 133.70% of the company’s shares. The shares outstanding are 104.15M, and float is at 102.14M with Short Float at 16.24%. Institutions hold 63.01% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.27 million shares valued at $94.03 million. The investor’s holdings represent 6.955% of the HUT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.6 million shares valued at $83.99 million to account for 6.2121 of the shares outstanding. The other top investors are MOORE CAPITAL MANAGEMENT, LP which holds 3.14 million shares representing 3.4801% and valued at over $47.05 million, while CASTLE HOOK PARTNERS LP holds 2.7616 of the shares totaling 2.49 million with a market value of $37.34 million.
Hut 8 Corp (HUT) Insider Activity
The most recent transaction is an insider sold by Flinn Joseph, the company’s Director. SEC filings show that Flinn Joseph sold 11,069 shares of the company’s common stock on Jun 23 ’25 at a price of $15.77 per share for a total of $0.17 million. Following the sold, the insider now owns 19791.0 shares.
Still, SEC filings show that on May 05 ’25, Semah Victor (Chief Legal Officer) disposed off 11,363 shares at an average price of $12.95 for $0.15 million. The insider now directly holds 15,738 shares of Hut 8 Corp (HUT).
