Insider Selling: Cipher Mining (NASDAQ:CIFR) CEO Sells 37,500 Shares of Stock

Cipher Mining Inc. (NASDAQ:CIFRGet Free Report) CEO Tyler Page sold 37,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $16.11, for a total value of $604,125.00. Following the completion of the sale, the chief executive officer owned 8,263,862 shares in the company, valued at $133,130,816.82. The trade was a 0.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Cipher Mining Stock Down 4.3%

CIFR stock opened at $13.74 on Friday. The business has a 50 day moving average of $15.71 and a 200 day moving average of $16.30. The firm has a market cap of $5.57 billion, a PE ratio of -6.36 and a beta of 2.96. Cipher Mining Inc. has a twelve month low of $1.86 and a twelve month high of $25.52. The company has a quick ratio of 3.79, a current ratio of 3.79 and a debt-to-equity ratio of 3.37.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on CIFR shares. Wall Street Zen cut shares of Cipher Mining from a “hold” rating to a “strong sell” rating in a research note on Sunday, March 1st. Rosenblatt Securities restated a “buy” rating and set a $24.00 price objective on shares of Cipher Mining in a research note on Thursday. HC Wainwright decreased their target price on shares of Cipher Mining to $25.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. Keefe, Bruyette & Woods dropped their target price on shares of Cipher Mining from $22.00 to $20.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 11th. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a $27.00 price target on shares of Cipher Mining in a report on Monday, December 15th. Fourteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $23.68.

View Our Latest Stock Analysis on Cipher Mining

Cipher Mining News Summary

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.

Institutional Investors Weigh In On Cipher Mining

Hedge funds have recently added to or reduced their stakes in the stock. Sherman Asset Management Inc. purchased a new position in shares of Cipher Mining in the 3rd quarter worth $25,000. Los Angeles Capital Management LLC purchased a new stake in Cipher Mining during the fourth quarter valued at $25,000. Arax Advisory Partners increased its position in Cipher Mining by 274.2% during the fourth quarter. Arax Advisory Partners now owns 1,826 shares of the company’s stock valued at $27,000 after acquiring an additional 1,338 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Cipher Mining by 218.3% in the fourth quarter. GAMMA Investing LLC now owns 1,875 shares of the company’s stock valued at $28,000 after acquiring an additional 1,286 shares during the period. Finally, Meeder Asset Management Inc. bought a new position in Cipher Mining in the fourth quarter valued at about $28,000. 12.26% of the stock is currently owned by hedge funds and other institutional investors.

About Cipher Mining

(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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Insider Buying and Selling by Quarter for Cipher Mining (NASDAQ:CIFR)

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