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.
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