Bastion Asset Management Inc. Buys New Shares in HIVE Digital Technologies Ltd. $HIVE

Bastion Asset Management Inc. purchased a new position in shares of HIVE Digital Technologies Ltd. (NASDAQ:HIVE) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 299,974 shares of the company’s stock, valued at approximately $1,175,000. Bastion Asset Management Inc. owned 0.13% of HIVE Digital Technologies as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Ethos Financial Group LLC purchased a new position in shares of HIVE Digital Technologies in the second quarter worth about $36,000. Vanguard Personalized Indexing Management LLC acquired a new position in HIVE Digital Technologies in the 2nd quarter worth approximately $38,000. HBW Advisory Services LLC acquired a new position in HIVE Digital Technologies in the 3rd quarter worth approximately $40,000. WMG Financial Advisors LLC purchased a new position in HIVE Digital Technologies during the 3rd quarter worth approximately $40,000. Finally, PFG Private Wealth Management LLC acquired a new stake in HIVE Digital Technologies during the 3rd quarter valued at approximately $54,000. Hedge funds and other institutional investors own 24.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Canaccord Genuity Group reiterated a “buy” rating and issued a $10.00 price objective on shares of HIVE Digital Technologies in a research note on Friday, November 21st. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $3.50 price target (down from $11.00) on shares of HIVE Digital Technologies in a report on Tuesday, January 27th. Wall Street Zen downgraded HIVE Digital Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. HC Wainwright boosted their price objective on HIVE Digital Technologies from $8.00 to $10.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Finally, B. Riley Securities lowered their target price on HIVE Digital Technologies from $7.00 to $6.00 and set a “buy” rating on the stock in a research note on Friday. Seven analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $7.44.

HIVE Digital Technologies Stock Up 3.3%

HIVE opened at $2.21 on Monday. The company has a fifty day moving average of $2.86 and a two-hundred day moving average of $3.49. The stock has a market capitalization of $554.53 million, a price-to-earnings ratio of -10.52 and a beta of 3.58. HIVE Digital Technologies Ltd. has a fifty-two week low of $1.26 and a fifty-two week high of $7.84. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.55 and a current ratio of 2.55.

HIVE Digital Technologies (NASDAQ:HIVE) last posted its earnings results on Friday, November 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). HIVE Digital Technologies had a negative return on equity of 14.15% and a negative net margin of 16.18%.The firm had revenue of $83.37 million for the quarter, compared to analysts’ expectations of $80.62 million. On average, research analysts expect that HIVE Digital Technologies Ltd. will post -0.32 earnings per share for the current year.

Key Headlines Impacting HIVE Digital Technologies

Here are the key news stories impacting HIVE Digital Technologies this week:

• Positive Sentiment: BUZZ (HIVE’s Tier‑III HPC platform) signed roughly $30 million in AI cloud customer agreements over two‑year fixed terms, advancing HIVE’s strategy to diversify into AI/HPC services and add recurring contract revenue. HIVE Digital Technologies’ HPC unit BUZZ inks $30B in AI cloud contracts
• Neutral Sentiment: HIVE will report fiscal Q3 2026 results and host an earnings call on Feb. 17 — a near‑term catalyst that could move the stock depending on revenue mix (HPC vs. hash rate), margins, and guidance. HIVE Digital to report Q3 results on Feb. 17
• Neutral Sentiment: B. Riley lowered its price target on HIVE from $7.00 to $6.00 but kept a “buy” rating — this reduces analyst upside while still signaling conviction in the business plan; investors should weigh the revised target against new contract revenue and upcoming results. B. Riley price target cut
• Neutral Sentiment: Public short‑interest notices showed reported increases in February, but the filings list 0 shares (and NaN changes), indicating likely data/reporting noise rather than material new short positions; treat these items cautiously.

About HIVE Digital Technologies

HIVE Digital Technologies Ltd is a publicly traded blockchain infrastructure company that specializes in the mining of digital assets such as Bitcoin and Ethereum. Using high-performance GPU and ASIC hardware, HIVE deploys proprietary mining rigs across multiple data centers to validate transactions on major blockchain networks. The company’s operations are designed to maximize hashing power while maintaining efficiency and uptime, enabling it to build and hold a portfolio of mined cryptocurrencies.

Headquartered in Vancouver, British Columbia, HIVE Digital operates data center facilities in North America and Europe, including Canada, Sweden and Iceland.