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Director Sells HIVE Shares After Surge | Business and Finance News
Description
Dave Perrill, HIVE’s longtime director, just dumped 175K shares worth $821K—his entire direct stake—after the stock more than doubled in a year. He likely exercised options and sold immediately, but still holds over 600K restricted stock units that could convert later. The sale, timed right after massive gains, triggered a 15% drop in HIVE’s stock, raising eyebrows among investors. While insiders don’t always signal future direction, this move—especially from someone who’s been with the company since 2019—hints at possible caution about HIVE’s near-term outlook.
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