CleanSpark, Inc. (NASDAQ:CLSK – Get Free Report) CTO Taylor Monnig sold 1,350 shares of CleanSpark stock in a transaction on Friday, June 28th. The stock was sold at an average price of $16.03, for a total transaction of $21,640.50. Following the completion of the transaction, the chief technology officer now directly owns 213,702 shares of the company’s stock, valued at $3,425,643.06. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
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 transaction of $22,477.50.
CleanSpark Price Performance
CleanSpark stock opened at $15.95 on Friday. CleanSpark, Inc. has a 1 year low of $3.38 and a 1 year high of $24.72. The firm has a 50-day moving average of $17.18 and a two-hundred day moving average of $14.99.
Institutional Investors Weigh In On CleanSpark
Several large investors have recently modified their holdings of CLSK. DekaBank Deutsche Girozentrale bought a new stake in shares of CleanSpark in the 3rd quarter valued at about $30,000. American Capital Advisory LLC bought a new stake in shares of CleanSpark in the 1st quarter valued at about $32,000. VitalStone Financial LLC raised its holdings in shares of CleanSpark by 952.7% in the 3rd quarter. VitalStone Financial LLC now owns 8,895 shares of the company’s stock valued at $33,000 after purchasing an additional 8,050 shares in the last quarter. Tucker Asset Management LLC bought a new stake in shares of CleanSpark in the 3rd quarter valued at about $38,000. Finally, Scotia Capital Inc. bought a new stake in shares of CleanSpark in the 3rd quarter valued at about $39,000. Institutional investors own 43.12% of the company’s stock.
Analysts Set New Price Targets
CLSK has been the subject of a number of recent analyst reports. BTIG Research lifted their price target on shares of CleanSpark from $12.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, March 19th. JPMorgan Chase & Co. dropped their price target on shares of CleanSpark from $15.00 to $12.50 and set a “neutral” rating for the company in a research note on Tuesday, June 4th. Cantor Fitzgerald raised shares of CleanSpark to a “strong-buy” rating in a research note on Wednesday, June 12th. HC Wainwright reaffirmed a “buy” rating and set a $27.00 price target on shares of CleanSpark in a research note on Friday. Finally, Chardan Capital reaffirmed a “buy” rating and set a $26.00 price target on shares of CleanSpark in a research note on Monday, May 13th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $19.97.
View Our Latest Analysis on CleanSpark
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.
Recommended Stories
- Five stocks we like better than CleanSpark
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- What Does Downgrade Mean in Investing?
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- Profitably Trade Stocks at 52-Week Highs
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for CleanSpark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CleanSpark and related companies with MarketBeat.com's FREE daily email newsletter.