Added to YB: 2025-07-29
Pitch date: 2025-07-26
DTST [neutral]
Data Storage Corporation
+6.16%
current return
Author Info
No bio for this author
Company Info
Data Storage Corporation, together with its subsidiaries, provides enterprise cloud and business continuity solutions in the United States and internationally.
Market Cap
$33.4M
Pitch Price
$4.71
Price Target
7.00 (+40%)
Dividend
N/A
EV/EBITDA
15.34
P/E
196.98
EV/Sales
0.90
Sector
IT Services
Category
special_situation
Microcap doing an 85% (yes not a typo) buyback via tender trading below cash - Data Storage Corporation
DTST (holding update): Selling CloudFirst unit for $40M cash, plans to use 85% of cash for tender at ~$5.02 for 85% of shares. Post-tender stub ($7/share) includes $5.4M cash, $1M escrow, $1.1M VoIP business. Buying at $4.68 = 13.7% return. Insiders own 43%, tendering pro-rata. Management has options for remaining cash including acquisitions in AI SaaS/cybersecurity.
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