CleanSpark, Inc. (NASDAQ:CLSK - Get Free Report) CTO Taylor Monnig sold 1,350 shares of CleanSpark stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $10.77, for a total transaction of $14,539.50. Following the transaction, the chief technology officer now directly owns 211,002 shares of the company's stock, valued at $2,272,491.54. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Taylor Monnig also recently made the following trade(s):
- On Friday, July 26th, Taylor Monnig sold 1,350 shares of CleanSpark stock. The stock was sold at an average price of $16.97, for a total transaction of $22,909.50.
- 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 transaction of $21,640.50.
CleanSpark Price Performance
CleanSpark stock traded down $0.12 during trading hours on Friday, hitting $10.69. The company had a trading volume of 15,650,305 shares, compared to its average volume of 31,476,916. CleanSpark, Inc. has a 1 year low of $3.38 and a 1 year high of $24.72. The company has a 50-day moving average price of $14.67 and a two-hundred day moving average price of $16.46.
Institutional Investors Weigh In On CleanSpark
Several large investors have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of CleanSpark by 58.5% in the 1st quarter. Vanguard Group Inc. now owns 12,755,249 shares of the company's stock valued at $270,539,000 after purchasing an additional 4,706,738 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of CleanSpark by 62.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 8,433,586 shares of the company's stock valued at $93,032,000 after purchasing an additional 3,235,171 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of CleanSpark by 11.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,379,611 shares of the company's stock valued at $15,217,000 after purchasing an additional 142,078 shares in the last quarter. Millennium Management LLC raised its holdings in shares of CleanSpark by 74.6% in the 2nd quarter. Millennium Management LLC now owns 1,251,278 shares of the company's stock valued at $19,958,000 after purchasing an additional 534,825 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of CleanSpark in the 2nd quarter valued at about $18,074,000. Institutional investors own 43.12% of the company's stock.
Wall Street Analyst Weigh In
CLSK has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of CleanSpark from $12.50 to $10.50 and set a "neutral" rating for the company in a research note on Friday, August 23rd. Cantor Fitzgerald dropped their price target on shares of CleanSpark from $28.00 to $23.00 and set an "overweight" rating for the company in a research note on Monday, August 12th. HC Wainwright reissued a "buy" rating and issued a $27.00 price objective on shares of CleanSpark in a research report on Monday, August 12th. Finally, Chardan Capital reissued a "buy" rating and issued a $26.00 price objective on shares of CleanSpark in a research report on Monday, May 13th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $18.97.
View Our Latest Analysis on CleanSpark
CleanSpark Company Profile
(
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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.
Further Reading
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