Data Storage Corporation (DTST)

Several key events have impacted Data Storage Corp.'s stock price in the past six months. Data Storage Corporation announced a definitive agreement to sell its subsidiary, CloudFirst Technologies Corporation, to Performive, which was completed on September 11, 2025. Following the CloudFirst sale, DTST announced plans to initiate a tender offer to repurchase up to 85% of its outstanding shares. The announcement of the CloudFirst sale and the planned share buyback led to a significant surge in DTST's stock price, with a 46.45% increase in after-hours trading on July 15, 2025. Data Storage Corporation reported its Q3 2025 earnings, with EPS at $2.20, significantly exceeding the estimate of -$0.14, and sales from continuing operations increased by 28.2% to $417,000. Over the last year, DTST stock has shown an 11.39% increase.

Information directly addressing the demand seasonality for Data Storage Corp.'s products and services is not explicitly available. The company emphasizes a focus on high-margin, recurring revenue streams from its core cloud infrastructure and disaster recovery services, suggesting a degree of stability in demand. The growth in the global IT services market indicates a generally increasing demand for the types of solutions DTST provides.

Data Storage Corporation (DTST) specializes in multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, IT automation, and voice & data solutions, operating in the Technology sector, specifically in the Software and IT Services industry. DTST provides mission-critical cloud services to a diverse clientele, including Fortune 500 companies, government agencies, educational institutions, and healthcare organizations. Its major products and services include cloud infrastructure and disaster recovery, cybersecurity solutions, IT automation and managed services, and voice & data solutions. Data Storage Corporation is undergoing a strategic transformation, shifting its focus towards high-growth, recurring-revenue sectors such as GPU Infrastructure-as-a-Service (IaaS), Artificial Intelligence (AI) applications, and advanced cybersecurity.

Data Storage Corporation's geographic footprint includes data centers supporting cloud platform deployments across the United States, Canada, and the United Kingdom. The company expanded its presence by opening a new data center in Chicago and entering the UK market through the integration of Flagship Solutions.

Data Storage Corp.'s brand reputation has been positively influenced by its strategic business moves and continued growth. CloudFirst, a former subsidiary, secured a new seven-figure contract and expanded an existing one, demonstrating its ability to deliver and support high-value solutions. The sale of CloudFirst and the company's repositioning towards high-growth sectors like AI and cybersecurity are strategic initiatives aimed at enhancing shareholder value and simplifying the business structure.

Data Storage Corp. (DTST) ownership is a mix of institutional, insider, and retail investors. Approximately 9.57% to 11.56% of Data Storage's stock is held by institutional investors, with major shareholders including Bard Associates Inc. and Vanguard Group Inc. Insiders hold a significant portion, approximately 42.7% to 456.85% of the company's stock, with the largest individual shareholder being Charles M. Piluso. Retail investors hold approximately 0.00% to 43.25% of the stock.