Hut 8 Corp. (HUT) is down 8.9% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is a combination of sector pressure from a sharp drop in Bitcoin and lingering fallout from Hut 8’s latest quarterly results. Investors also appear to still be weighing weaker revenue, a recent wave of lower price targets, and concerns tied to the company’s Texas development exposure.
Details:
Sources:
SEC, Hut 8, Yahoo Finance
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$HUT Insider Trading Activity
$HUT insiders have traded $HUT stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.
Here’s a breakdown of recent trading of $HUT stock by insiders over the last 6 months:
- JOSEPH FLINN has made 0 purchases and 6 sales selling 38,219 shares for an estimated $4,454,582.
- AMY MARIE WILKINSON sold 20,000 shares for an estimated $2,015,600
- MAYO A III SHATTUCK sold 20,000 shares for an estimated $2,000,000
- VICTOR SEMAH (Chief Legal Officer) sold 10,000 shares for an estimated $1,250,000
- SEAN JOSEPH GLENNAN (Chief Financial Officer) has made 0 purchases and 2 sales selling 6,445 shares for an estimated $507,623.
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.
$HUT Hedge Fund Activity
We have seen 259 institutional investors add shares of $HUT stock to their portfolio, and 212 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- COATUE MANAGEMENT LLC added 9,715,476 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,121,603,126
- MORGAN STANLEY added 2,266,057 shares (+214.8%) to their portfolio in Q2 2026, for an estimated $261,604,950
- OASIS MANAGEMENT CO LTD. removed 2,235,510 shares (-89.1%) from their portfolio in Q2 2026, for an estimated $258,078,451
- SRS INVESTMENT MANAGEMENT, LLC removed 2,084,905 shares (-67.6%) from their portfolio in Q2 2026, for an estimated $240,691,857
- PRICE T ROWE ASSOCIATES INC /MD/ added 1,658,863 shares (+1507.8%) to their portfolio in Q2 2026, for an estimated $191,507,439
- VALUE ALIGNED RESEARCH ADVISORS, LLC removed 1,442,224 shares (-50.0%) from their portfolio in Q2 2026, for an estimated $166,497,549
- UBS GROUP AG added 1,341,507 shares (+406.7%) to their portfolio in Q3 2026, for an estimated $115,503,752
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.
$HUT Analyst Ratings
Wall Street analysts have issued reports on $HUT in the last several months. We have seen 14 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Jefferies issued a "Buy" rating on 11/10/2026
- Morgan Stanley issued a "Overweight" rating on 11/09/2026
- B. Riley Securities issued a "Buy" rating on 11/06/2026
- Rosenblatt issued a "Buy" rating on 11/05/2026
- StoneX issued a "Buy" rating on 11/05/2026
- Wells Fargo issued a "Overweight" rating on 11/05/2026
- Cantor Fitzgerald issued a "Overweight" rating on 11/05/2026
To track analyst ratings and price targets for $HUT, check out Quiver Quantitative's $HUT forecast page.
$HUT Price Targets
Multiple analysts have issued price targets for $HUT recently. We have seen 16 analysts offer price targets for $HUT in the last 6 months, with a median target of $131.0.
Here are some recent targets:
- Jonathan Petersen from Jefferies set a target price of $81.0 on 11/10/2026
- Stephen Byrd from Morgan Stanley set a target price of $184.0 on 11/09/2026
- Nick Giles from B. Riley Securities set a target price of $132.0 on 11/06/2026
- Chris Brendler from Rosenblatt set a target price of $100.0 on 11/05/2026
- Mark Palmer from StoneX set a target price of $165.0 on 11/05/2026
- Eric Luebchow from Wells Fargo set a target price of $148.0 on 11/05/2026
- Brett Knoblauch from Cantor Fitzgerald set a target price of $127.0 on 11/05/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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