CleanSpark, Inc. (NASDAQ:CLSK – Get Free Report) CTO Taylor Monnig sold 1,350 shares of the firm’s stock in a transaction that occurred on Friday, June 28th. The stock was sold at an average price of $16.03, for a total value of $21,640.50. Following the transaction, the chief technology officer now owns 213,702 shares of the company’s stock, valued at approximately $3,425,643.06. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Taylor Monnig also recently made the following trade(s):
- 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
NASDAQ CLSK opened at $15.95 on Friday. The stock has a fifty day moving average of $17.18 and a 200-day moving average of $15.04. CleanSpark, Inc. has a 52 week low of $3.38 and a 52 week high of $24.72.
Institutional Investors Weigh In On CleanSpark
Several hedge funds and other institutional investors have recently made changes to their positions in CLSK. American Capital Advisory LLC acquired a new stake in shares of CleanSpark during the first quarter worth $32,000. Russell Investments Group Ltd. grew its stake in shares of CleanSpark by 36.8% during the first quarter. Russell Investments Group Ltd. now owns 2,926 shares of the company’s stock worth $62,000 after purchasing an additional 787 shares during the period. Banque Cantonale Vaudoise acquired a new stake in shares of CleanSpark during the first quarter worth $109,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of CleanSpark during the third quarter worth $30,000. Finally, VitalStone Financial LLC grew its stake in shares of CleanSpark by 952.7% during the third quarter. VitalStone Financial LLC now owns 8,895 shares of the company’s stock worth $33,000 after purchasing an additional 8,050 shares during the period. 43.12% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms recently commented on CLSK. Chardan Capital restated a “buy” rating and set a $26.00 target price on shares of CleanSpark in a research report on Monday, May 13th. JPMorgan Chase & Co. cut their target price on CleanSpark from $15.00 to $12.50 and set a “neutral” rating for the company in a research report on Tuesday, June 4th. BTIG Research lifted their price objective on CleanSpark from $12.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, March 19th. HC Wainwright reiterated a “buy” rating and issued a $27.00 price objective on shares of CleanSpark in a research report on Friday. Finally, Cantor Fitzgerald upgraded CleanSpark to a “strong-buy” rating in a research report on Wednesday, June 12th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, CleanSpark currently has an average rating of “Buy” and an average target price of $19.97.
View Our Latest Research Report on CLSK
About CleanSpark
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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