HUT Hut 8 Corp.

NEUTRAL Impact: 3/10 Insider Cluster (2 insiders)
Horizon days Filed May 4, 2026 Processed 27d 6h ago
Insider cluster: 2 insiders, $2.5M total
Latest settled — T+20d ⚠ clustered
HUT ▲ +69.54% at T+20d
NEUTRAL call ✓ call won +69.54% · α vs SPY +63.90% · entry $78.08 → $132.38
Next anchor: T+60d in 7w
Last close $119.60 (close Jun 8) · +53.18% from $78.08 entry
Entry anchored
May 1, 03:59 PM ET
via Databento tick
T+1d
+3.11%
call +3.11% · α +2.32%
$80.51
settled 5w ago
T+5d
+30.88%
call +30.88% · α +27.94%
$102.19
settled 5w ago
T+20d
+69.54%
call +69.54% · α +63.90%
$132.38
settled 9d ago
T+60d
call — · α —
in 7w

Price Chart

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Executive Summary

Two Hut 8 insiders — the Chief Legal Officer and a Director — sold a combined $2.54M in open-market sales over a 7-day window following the company's Q1 earnings release. The sales represent ~0.02% of the $12.1B market cap, a trivial amount that is consistent with routine portfolio diversification rather than a bearish signal. The cluster is amplified by the earnings context (8-K filed 8 days prior), but the dollar value is too small to be material.

Key Financial Metrics

Direction
selling
Total Value
$2.5M
Insiders
2

Actionable Insight

The insider sales are too small relative to market cap to warrant a bearish read-through. Monitor for any larger C-suite sales in the coming weeks, but this cluster alone does not signal deteriorating fundamentals. The Q1 earnings report's $16.8B in AI data center lease revenue is the dominant narrative.

Key Facts

  • Two insiders sold a total of ~$2.54M in open-market sales over 7 days (May 4–11, 2026).
  • Sales represent ~0.02% of Hut 8's $12.1B market cap — well below the 0.1% materiality threshold.
  • Sales occurred 8 days after a Q1 earnings release showing 226% YoY revenue growth to $71.0M but a $253.1M GAAP net loss.
  • No C-suite executives (CEO/CFO) participated in the selling; both sellers are a director and the chief legal officer.
  • The cluster is amplified by the earnings context per cross-filing actuarial verdicts, but the absolute dollar amount is trivial.

Financial Impact

Total insider sales of $2.54M represent 0.02% of market cap — immaterial.

insider holdingsfloat

Risk Factors

  • Insiders may continue selling if the stock rallies further, but the current volume is routine.
  • The $253.1M GAAP net loss from unrealized digital asset losses could weigh on sentiment if Bitcoin prices decline.

Market Snapshot

Exchange
Nasdaq
Sector
Finance Services
Analyst Consensus
91% bullish (11 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-HUT-1778715328659
13 reports for HUT
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+20▲ +56.07%Apr 28, 2026
Filters
Rows
Reports for HUT — sortable, filterable
Type Now
Jun 5, 2026
4d ago
8-K
BULLISH ★ 7/10
$122.25 awaiting T+1awaiting T+1$119.60 (−2.17%)
Jun 4, 2026
5d ago
8-K
BULLISH ★ 7/10
$127.76 $112.24▼ −12.15%▼ −9.55%$119.60 (−6.39%)
May 21, 2026
19d ago
144
NEUTRAL ★ 2/10
$105.26 $105.90▲ +0.61%▲ +0.16%$119.60 (+13.62%)
May 13, 2026
27d ago
144
NEUTRAL ★ 2/10
$108.32 $109.37▲ +0.97%▲ +0.19%$119.60 (+10.41%)
May 11, 2026
29d ago
144
NEUTRAL ★ 2/10
$102.19 $107.31▲ +5.01%▲ +5.15%$119.60 (+17.04%)
May 6, 2026
4w ago
8-K
MIXED ★ 6/10
$108.94 $101.18▼ −7.12%▼ −6.79%$119.60 (+9.79%)
May 4, 2026
5w ago
144
NEUTRAL ★ 1/10
$78.08 $80.51▲ +3.11%▲ +2.32%$119.60 (+53.18%)
May 4, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$78.08 $80.51▲ +3.11%▲ +2.32%$119.60 (+53.18%)
Apr 28, 2026
6w ago
8-K
BULLISH ★ 7/10
$72.11 $71.00▼ −1.54%▼ −1.53%$119.60 (+65.86%)
Apr 28, 2026
6w ago
DEFA14A
NEUTRAL ★ 2/10
$72.11 $71.00▼ −1.54%▼ −1.53%$119.60 (+65.86%)
Showing 10 of 13

US Market Status

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