Fiduciary Alliance LLC Invests $2.20 Million in Cleanspark, Inc. $CLSK

Key Points

• Fiduciary Alliance LLC opened a new position in Cleanspark, purchasing 217,643 shares worth approximately $2.20 million, equal to about 0.09% of the company at the end of the quarter.
• Institutional ownership stands at 43.12%, with several hedge funds adding or initiating small positions in recent quarters.
• Analysts hold a consensus rating of Moderate Buy with a $20.37 price target, while Cleanspark trades near $10.02 (52‑week range $7.03–$23.61) and shows a negative P/E, underscoring elevated volatility.

Fiduciary Alliance LLC purchased a new position in Cleanspark, Inc. (NASDAQ:CLSK - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 217,643 shares of the company's stock, valued at approximately $2,203,000. Fiduciary Alliance LLC owned approximately 0.09% of Cleanspark at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Hantz Financial Services Inc. lifted its position in shares of Cleanspark by 115.5% in the third quarter. Hantz Financial Services Inc. now owns 1,748 shares of the company's stock worth $25,000 after purchasing an additional 937 shares in the last quarter. Quarry LP acquired a new position in Cleanspark in the third quarter worth approximately $26,000. Salomon & Ludwin LLC acquired a new position in Cleanspark in the third quarter worth approximately $32,000. Morse Asset Management Inc acquired a new position in Cleanspark in the third quarter worth approximately $32,000. Finally, Strs Ohio acquired a new position in Cleanspark in the first quarter worth approximately $38,000. 43.12% of the stock is owned by hedge funds and other institutional investors.

Cleanspark Trading Down 1.8%

NASDAQ:CLSK opened at $10.02 on Friday. Cleanspark, Inc. has a 52 week low of $7.03 and a 52 week high of $23.61. The company has a debt-to-equity ratio of 1.29, a quick ratio of 10.54 and a current ratio of 10.54. The stock's 50 day moving average price is $9.71 and its 200 day moving average price is $12.70. The company has a market capitalization of $2.56 billion, a P/E ratio of -9.36 and a beta of 3.53.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on CLSK shares. Chardan Capital restated a "buy" rating and issued a $16.00 price objective on shares of Cleanspark in a report on Wednesday. Zacks Research upgraded Cleanspark from a "strong sell" rating to a "hold" rating in a report on Friday, February 20th. Needham & Company LLC dropped their price objective on Cleanspark from $25.00 to $19.00 and set a "buy" rating on the stock in a report on Friday, February 6th. Northland Securities started coverage on Cleanspark in a report on Tuesday, January 13th. They issued an "outperform" rating and a $22.50 price objective on the stock. Finally, Weiss Ratings downgraded Cleanspark from a "hold (c-)" rating to a "sell (d)" rating in a report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $20.37.

About Cleanspark

CleanSpark, Inc NASDAQ: CLSK is a leading energy software and services company specializing in advanced microgrid controls and distributed energy resource (DER) management. The firm develops proprietary software platforms designed to optimize power flows across on-grid and off-grid installations, integrating renewable generation, battery storage, and traditional generation assets. CleanSpark's technology is used by utilities, commercial and industrial enterprises, and remote facilities seeking to enhance energy resilience, reduce operating costs, and achieve sustainability goals.

In addition to its core software offerings, CleanSpark provides end-to-end engineering, procurement and construction (EPC) services.

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