Empowered Funds LLC acquired a brand new stake in Cipher Mining Inc. (NASDAQ:CIFR – Get Score) within the third quarter, in line with the corporate in its most up-to-date 13F submitting with the SEC. The institutional investor acquired 114,529 shares of the corporate’s inventory, valued at roughly $144,000.

A number of different institutional traders and hedge funds additionally lately made adjustments to their positions within the firm. American Worldwide Group Inc. bought a brand new stake in Cipher Mining throughout the 2nd quarter price about 25,000. JPMorgan Chase & Co. lifted its holdings in Cipher Mining by 72.5% throughout the 2nd quarter. JPMorgan Chase & Co. now owns 21,173 shares of the corporate’s inventory price29,000 after buying a further 8,896 shares within the final quarter. Financial institution of New York Mellon Corp bought a brand new stake in Cipher Mining throughout the 1st quarter price about 51,000. Financial institution of America Corp DE lifted its holdings in Cipher Mining by 230.5% throughout the 1st quarter. Financial institution of America Corp DE now owns 16,573 shares of the corporate’s inventory price60,000 after buying a further 11,558 shares within the final quarter. Lastly, UBS Group AG lifted its holdings in Cipher Mining by 236.7% throughout the 1st quarter. UBS Group AG now owns 20,601 shares of the corporate’s inventory price $75,000 after buying a further 14,483 shares within the final quarter. Institutional traders personal 10.80% of the corporate’s inventory.

Analysts Set New Worth Targets

Individually, HC Wainwright began protection on Cipher Mining in a report on Monday, October tenth. They set a “neutral” score and a $1.50 value goal on the inventory.

Cipher Mining Inventory Up 11.5 %

NASDAQ:CIFR opened at 1.26 on Friday. The enterprise’s 50-day shifting common value is0.81 and its two-hundred day shifting common value is 1.26. Cipher Mining Inc. has a twelve month low of0.38 and a twelve month excessive of $3.94.

Cipher Mining (NASDAQ:CIFR – Get Score) final launched its quarterly earnings outcomes on Monday, November 14th. The corporate reported (0.10) earnings per share for the quarter, lacking the consensus estimate of (0.07) by ($0.03). On common, analysts anticipate that Cipher Mining Inc. will publish -0.35 EPS for the present yr.

Insider Shopping for and Promoting at Cipher Mining

In different Cipher Mining information, CEO Tyler Web page bought 35,000 shares of the agency’s inventory in a transaction dated Thursday, December 1st. The inventory was bought at a median value of 0.82, for a complete worth of28,700.00. Following the sale, the chief govt officer now owns 3,120,614 shares of the corporate’s inventory, valued at roughly $2,558,903.48. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by this hyperlink. Insiders personal 1.76% of the corporate’s inventory.

Cipher Mining Profile

(Get Score)

Cipher Mining Inc, a expertise firm, operates within the bitcoin mining ecosystem in the US. It engages in growing and rising a cryptocurrency mining enterprise that makes a speciality of bitcoin. The corporate was integrated in 2021 and relies in New York, New York.

Beneficial Tales

Institutional Ownership by Quarter for Cipher Mining (NASDAQ:CIFR)

This immediate information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with a view to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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