CleanSpark, Inc. (NASDAQ:CLSK – Get Free Report) CTO Taylor Monnig sold 1,350 shares of CleanSpark stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $16.97, for a total value of $22,909.50. Following the sale, the chief technology officer now directly owns 212,352 shares of the company’s stock, valued at $3,603,613.44. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Taylor Monnig also recently made the following trade(s):
- On Friday, June 28th, Taylor Monnig sold 1,350 shares of CleanSpark stock. The stock was sold at an average price of $16.03, for a total value of $21,640.50.
- On Friday, May 31st, Taylor Monnig sold 1,350 shares of CleanSpark stock. The stock was sold at an average price of $16.65, for a total value of $22,477.50.
CleanSpark Price Performance
CleanSpark stock opened at $17.12 on Monday. CleanSpark, Inc. has a 52 week low of $3.38 and a 52 week high of $24.72. The stock has a fifty day moving average of $17.05 and a 200-day moving average of $15.88.
Analysts Set New Price Targets
Several analysts recently weighed in on the company. HC Wainwright reissued a “buy” rating and set a $27.00 price target on shares of CleanSpark in a report on Friday, June 28th. Cantor Fitzgerald lifted their price objective on CleanSpark from $27.00 to $28.00 and gave the company an “overweight” rating in a report on Wednesday, July 3rd. Chardan Capital reaffirmed a “buy” rating and issued a $26.00 price objective on shares of CleanSpark in a report on Monday, May 13th. Finally, JPMorgan Chase & Co. dropped their price objective on CleanSpark from $15.00 to $12.50 and set a “neutral” rating for the company in a report on Tuesday, June 4th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.13.
Check Out Our Latest Stock Report on CLSK
Hedge Funds Weigh In On CleanSpark
A number of institutional investors have recently modified their holdings of the business. Russell Investments Group Ltd. raised its holdings in shares of CleanSpark by 36.8% during the 1st quarter. Russell Investments Group Ltd. now owns 2,926 shares of the company’s stock worth $62,000 after buying an additional 787 shares in the last quarter. SteelPeak Wealth LLC grew its position in CleanSpark by 3.0% during the 2nd quarter. SteelPeak Wealth LLC now owns 36,907 shares of the company’s stock worth $589,000 after acquiring an additional 1,066 shares during the last quarter. Tobam grew its position in CleanSpark by 6.4% during the 1st quarter. Tobam now owns 23,142 shares of the company’s stock worth $491,000 after acquiring an additional 1,394 shares during the last quarter. Scotia Capital Inc. grew its position in CleanSpark by 14.5% during the 4th quarter. Scotia Capital Inc. now owns 11,810 shares of the company’s stock worth $130,000 after acquiring an additional 1,500 shares during the last quarter. Finally, American Capital Advisory LLC bought a new stake in CleanSpark during the 1st quarter worth $32,000. Institutional investors and hedge funds own 43.12% of the company’s stock.
CleanSpark Company Profile
CleanSpark, Inc operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc and changed its name to CleanSpark, Inc in November 2016.
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