Key Points
- CEO Tyler Page sold 37,500 shares on March 25 at an average price of $16.11 for $604,125, reducing his stake by 0.45% while still owning 8,263,862 shares (valued at about $133.13M).
- Cipher shares opened at $13.74 and were trading down ~4.3%, with a market capitalization of roughly $5.57 billion and a 12‑month range of $1.86 to $25.52.
- Analyst coverage is mixed but tilted positive—14 Buys, 2 Holds and 1 Sell—giving a consensus rating of “Moderate Buy” and a consensus price target of $23.68, even as other insiders have recently sold stock.
Cipher Mining Inc. (NASDAQ:CIFR - Get Free Report) CEO Tyler Page sold 37,500 shares of the stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $16.11, for a total value of $604,125.00. Following the sale, the chief executive officer directly owned 8,263,862 shares in the company, valued at $133,130,816.82. This trade represents a 0.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Cipher Mining Trading Down 4.3%
Shares of NASDAQ:CIFR opened at $13.74 on Friday. The company has a current ratio of 3.79, a quick ratio of 3.79 and a debt-to-equity ratio of 3.37. The company has a market capitalization of $5.57 billion, a PE ratio of -6.36 and a beta of 2.96. Cipher Mining Inc. has a 12-month low of $1.86 and a 12-month high of $25.52. The business's fifty day simple moving average is $15.71 and its 200-day simple moving average is $16.34.
Wall Street Analysts Forecast Growth
Several analysts have commented on the stock. Canaccord Genuity Group reissued a "buy" rating and set a $27.00 price target on shares of Cipher Mining in a research report on Monday, December 15th. HC Wainwright decreased their target price on shares of Cipher Mining to $25.00 and set a "buy" rating for the company in a research report on Wednesday, February 25th. Morgan Stanley started coverage on shares of Cipher Mining in a research note on Monday, February 9th. They issued an "overweight" rating and a $38.00 target price for the company. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Cipher Mining in a report on Monday, December 29th. Finally, Zacks Research raised Cipher Mining from a "strong sell" rating to a "hold" rating in a research report on Wednesday. Fourteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Cipher Mining currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.68.
View Our Latest Analysis on CIFR
Institutional Investors Weigh In On Cipher Mining
A number of large investors have recently modified their holdings of the business. Sherman Asset Management Inc. purchased a new position in shares of Cipher Mining in the 3rd quarter valued at approximately $25,000. Los Angeles Capital Management LLC purchased a new stake in Cipher Mining during the 4th quarter worth approximately $25,000. Arax Advisory Partners grew its position in Cipher Mining by 274.2% during the 4th quarter. Arax Advisory Partners now owns 1,826 shares of the company's stock worth $27,000 after purchasing an additional 1,338 shares during the last quarter. GAMMA Investing LLC increased its stake in Cipher Mining by 218.3% during the 4th quarter. GAMMA Investing LLC now owns 1,875 shares of the company's stock valued at $28,000 after purchasing an additional 1,286 shares in the last quarter. Finally, Meeder Asset Management Inc. acquired a new position in Cipher Mining during the 4th quarter valued at approximately $28,000. Hedge funds and other institutional investors own 12.26% of the company's stock.
Trending Headlines about Cipher Mining
Here are the key news stories impacting Cipher Mining this week:
- Positive Sentiment: Needham & Company reiterated a Buy rating on CIFR, signaling continued analyst conviction and supporting upside expectations. Read More.
- Positive Sentiment: Rosenblatt Securities reaffirmed a Buy and set a $24 price target, reinforcing a bullish analyst view that could attract buyers. Read More.
- Positive Sentiment: Zacks Research upgraded Cipher from "strong sell" to "hold," a modest improvement in sentiment from a prior negative stance. Read More.
- Positive Sentiment: CIFR experienced a sharp gap higher tied to strength in Nasdaq futures, producing short‑term momentum that can attract momentum traders and algos. Read More.
- Neutral Sentiment: Analyst coverage is mixed overall (many Buy ratings and some Hold/Sell), leaving consensus upside but also exposing the stock to sentiment swings; consensus price targets imply material upside versus current levels. Read More.
- Negative Sentiment: Several market pieces highlight steep intraday declines (around 9% in Thursday trading), linking CIFR’s moves to Bitcoin and broader crypto‑miner volatility—this has been a direct driver of selling pressure. Read More.
- Negative Sentiment: Director Cary M. Grossman sold 30,000 shares (~15% reduction in his reported stake), a disclosed insider sale that can be interpreted as profit‑taking and may weigh on sentiment. Read More.
- Negative Sentiment: Zacks published a note highlighting a larger-than-market decline in the latest close, underscoring downside risk from near‑term price moves. Read More.
Cipher Mining Company Profile
(
Get Free Report)
Cipher Mining Inc is a Nasdaq-listed bitcoin mining company that develops, owns and operates large-scale mining facilities across the United States. The company focuses on deploying advanced ASIC hardware and securing long-term low-cost power contracts to optimize bitcoin production. By strategically locating its sites in regions with abundant energy supply, Cipher Mining seeks to maintain a competitive cost structure and deliver efficient hashrate capacity growth.
Founded in 2021 and headquartered in Austin, Texas, Cipher Mining has pursued an integrated approach encompassing site development, equipment procurement and operations management.
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