CleanSpark, Inc. (NASDAQ:CLSK – Get Free Report) Director Thomas Leigh Wood sold 22,222 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $9.24, for a total value of $205,331.28. Following the completion of the sale, the director now owns 137,050 shares in the company, valued at $1,266,342. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
CleanSpark Stock Up 1.4 %
CleanSpark stock opened at $9.38 on Friday. CleanSpark, Inc. has a 1-year low of $3.38 and a 1-year high of $24.72. The firm’s 50 day simple moving average is $13.21 and its 200 day simple moving average is $15.93.
CleanSpark (NASDAQ:CLSK – Get Free Report) last released its quarterly earnings results on Friday, August 9th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.03). The firm had revenue of $104.11 million during the quarter, compared to the consensus estimate of $114.04 million. CleanSpark had a negative return on equity of 3.64% and a negative net margin of 46.31%. As a group, analysts predict that CleanSpark, Inc. will post -0.06 earnings per share for the current year.
Analyst Ratings Changes
Read Our Latest Research Report on CleanSpark
Institutional Trading of CleanSpark
Several institutional investors and hedge funds have recently modified their holdings of CLSK. Russell Investments Group Ltd. grew its holdings 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 in the last quarter. SteelPeak Wealth LLC lifted its position in CleanSpark by 3.0% during the second quarter. SteelPeak Wealth LLC now owns 36,907 shares of the company’s stock valued at $589,000 after purchasing an additional 1,066 shares during the last quarter. Amalgamated Bank grew its stake in CleanSpark by 18.4% in the 2nd quarter. Amalgamated Bank now owns 7,667 shares of the company’s stock worth $122,000 after buying an additional 1,194 shares in the last quarter. Tobam increased its holdings in shares of CleanSpark by 6.4% in the 1st quarter. Tobam now owns 23,142 shares of the company’s stock worth $491,000 after buying an additional 1,394 shares during the last quarter. Finally, Scotia Capital Inc. raised its position in shares of CleanSpark by 14.5% during the 4th quarter. Scotia Capital Inc. now owns 11,810 shares of the company’s stock valued at $130,000 after buying an additional 1,500 shares in the last quarter. Hedge funds and other institutional investors own 43.12% of the company’s stock.
CleanSpark Company Profile
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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