Added to YB: 2025-07-29
Pitch date: 2025-07-26
DTST [neutral]
Data Storage Corporation
-8.17%
current return
Author Info
No bio for this author
Company Info
Data Storage Corporation provides enterprise cloud and business continuity solutions in the United States and internationally.
Market Cap
$9.7M
Pitch Price
$4.71
Price Target
7.00 (+62%)
Dividend
N/A
EV/EBITDA
-31.91
P/E
-31.67
EV/Sales
-1.42
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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