HIVE Digital Technologies Ltd. (NASDAQ: HIVE) reported strong revenue growth in its first quarter of 2027, with total revenue rising $79.1 million, up 73.47% from a year earlier. Gross profit came in at $53.7 million, while cost of sales fell to $25.4 million.
Despite the top-line improvement, the company remained in the red. Operating loss was $13.2 million, and net loss attributable to common shareholders widened to $142.9 million. Diluted earnings per share were -$0.54.
Cash from operating activities totaled $4.1 million, while capital spending on property and equipment reached $45.7 million. HIVE ended the period with $208.0 million in cash and cash equivalents, alongside $501.9 million in total liabilities.
- Revenue: $79.1 million, up 73.47% year over year
- Net loss: $142.9 million
- Cash and cash equivalents: $208.0 million
- Stock price move after the close: -1.46%
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
HIVE Digital Technologies Ltd. Insider Trading Activity
HIVE Digital Technologies Ltd. insiders have traded $HIVE stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $HIVE stock by insiders over the last 6 months:
- LUKE ROSSY (COO) has made 0 purchases and 2 sales selling 281,700 shares for an estimated $1,158,369.
- SUSAN B MCGEE has made 0 purchases and 3 sales selling 225,000 shares for an estimated $958,757.
- DAVE PERRILL sold 175,000 shares for an estimated $820,750
- DARCY DAUBARAS (Chief Financial Officer) has made 0 purchases and 2 sales selling 100,000 shares for an estimated $319,663.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
HIVE Digital Technologies Ltd. Hedge Fund Activity
We have seen 112 institutional investors add shares of HIVE Digital Technologies Ltd. stock to their portfolio, and 72 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JANE STREET GROUP, LLC removed 4,317,377 shares (-95.7%) from their portfolio in Q1 2026, for an estimated $8,203,016
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 4,275,363 shares (+inf%) to their portfolio in Q2 2026, for an estimated $15,562,321
- SITUATIONAL AWARENESS LP added 3,391,547 shares (+inf%) to their portfolio in Q1 2026, for an estimated $6,443,939
- MIZUHO MARKETS AMERICAS LLC added 3,337,857 shares (+inf%) to their portfolio in Q2 2026, for an estimated $12,149,799
- BANK OF MONTREAL /CAN/ added 3,304,495 shares (+20544.0%) to their portfolio in Q2 2026, for an estimated $12,028,361
- CITIGROUP INC added 3,133,789 shares (+15672.9%) to their portfolio in Q2 2026, for an estimated $11,406,991
- SHELLBACK CAPITAL, LP removed 2,400,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $4,560,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
HIVE Digital Technologies Ltd. Price Targets
Multiple analysts have issued price targets for $HIVE recently. We have seen 6 analysts offer price targets for $HIVE in the last 6 months, with a median target of $6.25.
Here are some recent targets:
- Stephen Glagola from Keefe, Bruyette & Woods set a target price of $5.0 on 06/05/2026
- Joseph Vafi from Canaccord Genuity set a target price of $10.0 on 06/05/2026
- Mike Colonnese from HC Wainwright & Co. set a target price of $7.0 on 06/03/2026
- Chris Brendler from Rosenblatt set a target price of $5.5 on 06/03/2026
- Fedor Shabalin from B. Riley Securities set a target price of $8.0 on 06/03/2026
- Brett Knoblauch from Cantor Fitzgerald set a target price of $4.6 on 05/19/2026
