Stock events for Data Storage Corp. (DTST)
Over the past six months, Data Storage Corp.'s stock has decreased by 5.2%. In March 2026, Data Storage Corporation scheduled a Fiscal 2025 Business Update Call. In February 2026, the company announced a 2025 CEO Bonus Award with a significant equity component, and SEC filings detailed options and RSUs for the CFO and CEO, along with executive pay deals and a president's resignation. In January 2026, Data Storage Corporation announced strategic advisory appointments, launched a new website, and provided a business update on its future strategy, also announcing the final results of a tender offer. In December 2025, the company extended the expiration time of an offer to purchase and provided a letter to shareholders highlighting its 2026 corporate strategy. In November 2025, Data Storage Corp. reported Q3 2025 net income of $16.8 million, largely due to the $40 million sale of its CloudFirst subsidiary, with the stock rising 5.91% to $4.30; revenue from continuing operations grew 28.2% year-over-year to $417,000, and cash and equivalents reached $45.8 million. In November 2024, Data Storage Corporation's CloudFirst Subsidiary entered a strategic partnership with Brightsolid for expanded IBM Cloud Solutions in Scotland.
Demand Seasonality affecting Data Storage Corp.’s stock price
Data Storage Corp. exhibits some demand seasonality in terms of stock performance. January has shown the highest probability of positive returns at 88.89%, while September has the lowest probability of positive returns at 22.22%. March also indicates a positive return probability of 55.56%.
Overview of Data Storage Corp.’s business
Data Storage Corporation (DTST) is an information sector company focused on technology-enabled services, digital infrastructure, and related technology investments, operating within the Data Processing, Hosting, and Related Services industry. Following the divestiture of its CloudFirst business, its main operating subsidiary is Nexxis, Inc., which provides telecommunications and data access services. DTST's major products and services, primarily through Nexxis, Inc., include Voice over Internet Protocol (VoIP)/Unified Communications and dedicated internet connectivity. The company focuses on building sustainable, recurring revenue streams through targeted acquisitions and selective investments in high-margin, predictable-revenue technology-enabled service businesses.
DTST’s Geographic footprint
Data Storage Corporation operates chiefly in the United States and maintains a significant international footprint. The company's headquarters are located in Melville, New York, with an additional location in Miami, Florida. It previously had a segment called CloudFirst Europe Ltd.
DTST Corporate Image Assessment
Explicit information detailing Data Storage Corp.'s brand reputation in the past year is not readily available. However, the company's strategic transformation, including the divestiture of its CloudFirst business and its focus on new growth areas, along with regular business updates and shareholder communications, would generally contribute to its public image and investor perception. Announcements regarding CEO bonus awards with equity components and strategic advisory appointments also reflect on corporate governance and leadership, which can influence reputation. The company's consistent reporting of financial results and business updates suggests an effort to maintain transparency with investors.
Ownership
Data Storage Corporation (DTST) has a mixed ownership structure comprising institutional, retail, and individual investors. As of March 30, 2026, 47 institutional owners and shareholders have filed 13D/G or 13F forms with the SEC, holding a total of 1,475,945 shares, representing approximately 10.74% to 15.25% of the company's stock. Individual insiders own about 6.3% of the shares, while the general public and individual investors hold approximately 38.1% to 78.45%. Hedge funds hold around 21% of the shares. Charles M. Piluso, the CEO, owns the most shares of Data Storage Corporation.
Ask Our Expert AI Analyst
Price Chart
$4.08