CenterBook Partners LP recently initiated a position in Hut 8 Corp. (NASDAQ:HUT) by purchasing 28,617 shares valued at approximately $996,000 during the third quarter. Other institutional investors like Zweig DiMenna and Vanguard Group Inc. have also increased their holdings, contributing to an overall institutional ownership of about 31.75%. Analysts maintain a largely positive outlook on Hut 8, with an average “Buy” rating and a target price of $64.69, significantly above its current trading price of around $53.82.
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CenterBook Partners LP Purchases Shares of 28,617 Hut 8 Corp. $HUT
CenterBook Partners LP recently initiated a position in Hut 8 Corp. (NASDAQ:HUT) by purchasing 28,617 shares valued at approximately $996,000 during the third quarter. Other institutional investors like Zweig DiMenna and Vanguard Group Inc. have also increased their holdings, contributing to an overall institutional ownership of about 31.75%. Analysts maintain a largely positive outlook on Hut 8, with an average “Buy” rating and a target price of $64.69, significantly above its current trading price of around $53.82.