PURR
Hyperliquid Strategies Inc.
NasdaqCMUSDEQUITY
Financial Services
DELAYED
Strong buy
+55/100
Last price
12.59
▼ 0.33 (2.55%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
12.86
Prev close
12.92
Day high
12.96
Day low
12.34
Volume
10.06M
Market cap
$3.48B
P/E (TTM)
4.02
52W range
3.01 – 14.76
Day trading desk
Gap from prior close
-0.46%
Prior close 12.92
VWAP
12.56
+0.26% from price
Relative volume
1.05×
Normal
Session range
5.92%
12.34 – 13.07
Position in range
34%
Mid range
ATR (14D)
1.02
8.13% of price
Prior day high
13.05
PDH
Prior day low
12.43
PDL
Bid / ask spread
—
Quote not published
Session volume
18.96M
Avg 18.06M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+4.87%
+2.9%
1M
+2.63%
+1.5%
3M
+60.67%
+56.1%
6M
+155.62%
+137.4%
YTD
+251.12%
+236.9%
1Y
—
-16.4%
3Y
—
-82.3%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on PURR open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
7.23M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 28, 26 | SCHAMIS DAVID IRA Chief Executive Officer |
STOCK | 248.34K | $0 | Direct |
| Sep 28, 26 | NIEUWKOOP JEROEN Chief Operating Officer |
STOCK | 82.78K | $0 | Indirect |
| Sep 28, 26 | BELDNER BRETT DOUGLAS Chief Financial Officer |
STOCK | 82.78K | $0 | Direct |
| Jul 1, 26 | LEIBOWITZ LAWRENCE E Director |
STOCK | 2.12K | $0 | Direct |
| Jul 1, 26 | KING THOMAS C. Director |
STOCK | 4.76K | $0 | Direct |
| Jul 1, 26 | BHATT NAILESH Director |
STOCK | 1.59K | $0 | Direct |
| Jul 1, 26 | ROSENGREN ERIC S Director |
STOCK | 4.76K | $0 | Direct |
| Jun 23, 26 | NIEUWKOOP JEROEN Chief Operating Officer |
STOCK | 421.62K | $0 | Indirect |
| May 5, 26 | BELDNER BRETT DOUGLAS Chief Financial Officer |
STOCK | 421.62K | $0 | Direct |
| Apr 1, 26 | LEIBOWITZ LAWRENCE E Director |
STOCK | 3.27K | $0 | Direct |
| Apr 1, 26 | KING THOMAS C. Director |
STOCK | 7.37K | $0 | Direct |
| Apr 1, 26 | BHATT NAILESH Director |
STOCK | 2.46K | $0 | Direct |
| Apr 1, 26 | ROSENGREN ERIC S Director |
STOCK | 7.37K | $0 | Direct |
| Feb 9, 26 | LEIBOWITZ LAWRENCE E Director |
STOCK | 40.79K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BELDNER BRETT DOUGLAS |
Chief Financial Officer | 536.24K | Stock Award(Grant) |
BHATT NAILESH |
Director | 46.91K | Stock Award(Grant) |
DIAMOND ROBERT E JR |
Director | 677.59K | Stock Award(Grant) |
DYRNESS ALBERT D |
Director | 41.67K | Stock Award(Grant) |
KING THOMAS C. |
Director | 76.80K | Stock Award(Grant) |
LEIBOWITZ LAWRENCE E |
Director | 85.98K | Stock Award(Grant) |
NIEUWKOOP JEROEN |
Chief Operating Officer | — | Stock Award(Grant) |
ROSENGREN ERIC S |
Director | 76.80K | Stock Award(Grant) |
SCHAMIS DAVID IRA |
Chief Executive Officer | 800.67K | Stock Award(Grant) |
TUDER JEFFREY M. |
Director | 48.98K | Stock Award(Grant) |
Fundamentals
Market cap$3.48B
Enterprise value$2.34B
Revenue (TTM)$9.46M
Gross profit$9.46M
EBITDA—
Net income$256.18M
EPS (TTM)$3.11
Free cash flow—
Total cash$137.92M
Total debt$0
Book value / share$5.99
Shares outstanding278.27M
Float195.43M
Short % of float—
Dividend yield0.00%
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E4.02
Forward P/E33.78
PEG ratio—
Price / sales—
Price / book2.09
EV / revenue246.84
EV / EBITDA—
Gross margin100.00%
Operating margin9595.09%
Profit margin3229.83%
Return on equity32.64%
Return on assets—
Debt / equity—
Current ratio41.62
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2026 | YoY |
|---|---|---|
| Total revenue | $9.46M | |
| Operating revenue | $9.46M | |
| Selling, general & admin | $13.95M | |
| Total operating expense | $13.95M | |
| Operating income | -$4.49M | |
| Net interest income | $2.71M | |
| Pre-tax income | $489.02M | |
| Tax provision | $183.47M | |
| Net income | $305.54M | |
| Net income to common | $256.18M | |
| Basic EPS | 3.21 | |
| Diluted EPS | 3.21 | |
| EBIT | -$4.49M | |
| EBITDA | -$4.49M | |
| Basic shares | 79.77M | |
| Diluted shares | 79.80M |
| Line item | 2026 | YoY |
|---|---|---|
| Cash & equivalents | $137.92M | |
| Cash & short-term investments | $137.92M | |
| Total current assets | $152.41M | |
| Total assets | $2.06B | |
| Total current liabilities | $3.66M | |
| Total liabilities | $187.14M | |
| Retained earnings | $304.94M | |
| Shareholder equity | $1.87B | |
| Working capital | $148.74M | |
| Net tangible assets | $1.87B | |
| Shares issued | 203.62M |
| Line item | 2026 | YoY |
|---|---|---|
| Net income | $305.54M | |
| Stock-based compensation | $893.00K | |
| Change in working capital | -$7.36M | |
| Operating cash flow | -$19.15M | |
| Investing cash flow | -$777.42M | |
| Share buybacks | -$10.48M | |
| Financing cash flow | $934.48M | |
| Free cash flow | -$19.15M | |
| End cash position | $137.92M |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | YoY |
|---|---|---|---|---|---|
| Total revenue | $6.33M | $2.63M | $500.00K | $0 | +141.2% |
| Operating revenue | $6.33M | $2.63M | $500.00K | $0 | +141.2% |
| Selling, general & admin | $3.22M | $7.25M | $3.46M | — | -55.6% |
| Total operating expense | $3.22M | $7.25M | $3.46M | $1.21M | -55.6% |
| Operating income | $3.11M | -$4.62M | -$2.96M | -$1.21M | +167.4% |
| Net interest income | $787.00K | $1.04M | $878.00K | — | -24.5% |
| Pre-tax income | $593.90M | $195.18M | -$286.67M | -$1.21M | +204.3% |
| Tax provision | $123.01M | $42.67M | $17.80M | — | +188.3% |
| Net income | $470.89M | $152.51M | -$304.46M | -$1.21M | +208.8% |
| Net income to common | $421.54M | $125.59M | -$304.46M | -$1.21M | +235.6% |
| Basic EPS | — | 1.01 | -7.43 | -0.01 | — |
| Diluted EPS | — | 1.01 | -7.43 | -0.01 | — |
| EBIT | $3.11M | -$4.62M | -$2.96M | -$1.21M | +167.4% |
| EBITDA | $3.11M | -$4.62M | -$2.96M | -$1.21M | +167.4% |
| Basic shares | — | 124.04M | 41.00M | 127.03M | — |
| Diluted shares | — | 124.04M | 41.00M | 127.03M | — |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $137.92M | $113.06M | $281.93M | — | — | +22.0% |
| Cash & short-term investments | $137.92M | $113.06M | $281.93M | — | — | +22.0% |
| Total current assets | $152.41M | $117.41M | $287.11M | — | — | +29.8% |
| Goodwill & intangibles | — | — | $327.61M | — | — | — |
| Total assets | $2.06B | $810.41M | $616.64M | — | — | +154.2% |
| Total current liabilities | $3.66M | $6.44M | $9.08M | $1.21M | $596.67K | -43.2% |
| Total liabilities | $187.14M | $66.91M | $26.87M | $1.21M | $596.67K | +179.7% |
| Retained earnings | $304.94M | -$165.95M | -$318.46M | -$1.21M | — | +283.8% |
| Shareholder equity | $1.87B | $743.50M | $589.76M | -$1.21M | $0 | +151.9% |
| Working capital | $148.74M | $110.96M | $278.03M | — | — | +34.0% |
| Net tangible assets | $1.87B | $743.50M | $589.76M | -$1.21M | $0 | +151.9% |
| Shares issued | 203.62M | 127.29M | 127.03M | 127.03M | 127.03M | +60.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | YoY |
|---|---|---|---|---|---|
| Net income | $470.89M | $152.51M | -$316.65M | -$1.21M | +208.8% |
| Stock-based compensation | $707.00K | — | — | — | — |
| Change in working capital | -$346.00K | -$1.30M | -$6.92M | $1.21M | +73.4% |
| Operating cash flow | -$3.84M | -$7.00M | -$8.31M | $0 | +45.2% |
| Investing cash flow | -$616.57M | -$162.20M | — | — | -280.1% |
| Share buybacks | $91.00K | -$1.14M | — | — | +108.0% |
| Financing cash flow | $645.26M | $332.00K | — | — | +194,254.5% |
| Free cash flow | -$3.84M | -$7.00M | -$8.31M | $0 | +45.2% |
| End cash position | $137.92M | $113.06M | $281.93M | $0 | +22.0% |
Options analytics
Put / call volume
0.24
Call-heavy session
Put / call open interest
1.33
Positioning, not flow
Max pain
16.00
+28.0% from spot
ATM implied vol
0.2%
Nearest strike to spot
Skew (10% OTM)
+25.0%
Puts bid over calls
Call volume
4.38K
Contracts, this expiry
Put volume
1.04K
Contracts, this expiry
Heaviest call OI
21.00
5 contracts
Heaviest put OI
8.50
3 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.78 | -0.86 | -210.3% |
| Mar 2026 | 0.21 | 1.01 | +373.4% |
| Dec 2025 | 0.55 | -6.56 | -1,292.2% |
| Sep 2025 | -4.12 | — | — |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.04 | 2 | $9.96M | — |
| Next quarter | 0.05 | 2 | $11.74M | +2,247.4% |
| Current year | 0.25 | 2 | $50.04M | +428.9% |
| Next year | 0.37 | 2 | $66.75M | +33.4% |
Analyst targets & ownership
Mean target$22.33
High target$34.30
Low target$17.00
Implied upside77.32%
Analyst count4
ConsensusSTRONG BUY
Strong buy / Buy1 / 3
Hold0
Sell / Strong sell0 / 0
Held by insiders3.65%
Held by institutions45.28%
Institutions holding231
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
12.65
-0.47% from price
SMA 20
12.50
-0.02% from price
SMA 50
10.33
+21.00% from price
SMA 100
9.26
+36.01% from price
SMA 200
7.06
+76.94% from price
EMA 12
12.50
+0.74% from price
EMA 26
12.02
+4.74% from price
EMA 50
10.96
+14.82% from price
RSI (14)
53.8
Neutral
MACD (12,26,9)
0.48
Hist -0.22
ATR (14)
1.02
8.19% of price
Realised vol 30D
100.2%
Annualised
Bollinger upper
14.42
20, 2σ
Bollinger lower
10.59
20, 2σ
50 / 200 cross
Golden
10.33 vs 7.06
Trend bias
Above 200
+76.94%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
3.32
More volatile than market
Correlation to SPY
0.40
Loosely linked
Realised vol 30D
100.2%
Annualised
Market vol 1Y
12.7%
SPY, annualised
Max drawdown 1Y
-45.6%
Peak to trough
Max drawdown 5Y
-45.6%
Peak to trough
ATR 14
1.02
8.19% of price
Beta (reported)
—
5Y monthly, from filing
Short interest
Shares short
24.59M
Prior 23.94M
Change vs prior
+2.7%
Shorts adding
% of float
—
—
% of shares out
10.33%
Against total outstanding
Days to cover
0.9
Liquid
Float
195.43M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 15, 26 | Compass Point | INITIATED | — | Buy |
| Sep 10, 26 | Cantor Fitzgerald | MAINTAINED | Overweight | Overweight |
| Aug 28, 26 | Chardan Capital | MAINTAINED | Buy | Buy |
| Aug 27, 26 | Chardan Capital | MAINTAINED | Buy | Buy |
| Jul 1, 26 | Cantor Fitzgerald | MAINTAINED | Overweight | Overweight |
| Jun 12, 26 | Chardan Capital | MAINTAINED | Buy | Buy |
| May 20, 26 | Chardan Capital | MAINTAINED | Buy | Buy |
| May 11, 26 | Cantor Fitzgerald | MAINTAINED | Overweight | Overweight |
| Apr 24, 26 | Maxim Group | INITIATED | — | Buy |
| Feb 12, 26 | Cantor Fitzgerald | MAINTAINED | Overweight | Overweight |
| Feb 12, 26 | Chardan Capital | MAINTAINED | Buy | Buy |
| Dec 24, 25 | Chardan Capital | INITIATED | — | Buy |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split—
Split date—
SEC filings
Proxy Statements
DEF 14A · 2026-10-02
Proxy Statements
PRE 14A · 2026-09-15
Corporate Changes & Voting Matters
8-K · 2026-09-14
Corporate Changes & Voting Matters
8-K · 2026-09-01
Offering Registrations
S-1/A · 2026-07-21
Corporate Changes & Voting Matters
8-K · 2026-06-26
Offering Registrations
S-1/A · 2026-06-25
Offering Registrations
S-1/A · 2026-06-16
Headlines
House Targets Hyperliquid in Insider Trading Probe, Cites $1.1B Crypto Short Before Trump Tariffs
Benzinga Prediction Markets · 7d ago
Binance’s High-Risk Seed Tag for Hyperliquid: What It Means for Investors
24/7 Wall St. · 10d ago
What Changed for Hyperliquid ETFs in September?
24/7 Wall St. · 10d ago
Top Premarket Gainers
MT Newswires · 19d ago
Wall Street Analysts See a 100.25% Upside in Hyperliquid Strategies Inc (PURR): Can the Stock Really Move This High?
Zacks · 22d ago
PURR Stock: Compass Point Calls For 63% Upside, HYPE Treasury Bet Nears $2.5B
Stocktwits · 22d ago
Trump's White House Endorsement 'Extremely Positive,' Says Hyperion DeFi CEO: Executive Explains Why HYPE Ownership Is 'Beneficial'
Benzinga · 26d ago
Hyperliquid Strategies Soared by 94% in August. Should Investors Forget Bitcoin and Buy This Stock Instead?
Motley Fool · 30d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.