390,724 Shares in Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Purchased by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. acquired a new position in Gryphon Digital Mining, Inc. (NASDAQ:GRYPFree Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 390,724 shares of the company’s stock, valued at approximately $66,000. Cambridge Investment Research Advisors Inc. owned 0.56% of Gryphon Digital Mining as of its most recent SEC filing.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued a “neutral” rating on shares of Gryphon Digital Mining in a report on Tuesday, May 13th.

View Our Latest Report on Gryphon Digital Mining

Gryphon Digital Mining Trading Down 5.2%

Shares of NASDAQ GRYP opened at $1.28 on Wednesday. Gryphon Digital Mining, Inc. has a twelve month low of $0.13 and a twelve month high of $2.93. The company has a market capitalization of $92.88 million, a price-to-earnings ratio of -4.74 and a beta of 3.73. The firm has a 50-day moving average of $1.07 and a two-hundred day moving average of $0.55.

Gryphon Digital Mining (NASDAQ:GRYPGet Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.09) EPS for the quarter. As a group, research analysts predict that Gryphon Digital Mining, Inc. will post -0.76 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Daniel George Tolhurst sold 474,339 shares of the company’s stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $1.30, for a total value of $616,640.70. Following the transaction, the director owned 621,644 shares in the company, valued at $808,137.20. This represents a 43.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold 2,792,968 shares of company stock worth $3,941,214 over the last ninety days. 15.00% of the stock is currently owned by corporate insiders.

Gryphon Digital Mining Profile

(Free Report)

Gryphon Digital Mining, Inc operates as a bitcoin mining company in the United States. It operates mining computers and ESG-led mining. The company was founded in 2020 and is based in Las Vegas, Nevada.

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