Cipher Mining (CIFR) News Today

Cipher Mining Inc. (NASDAQ:CIFR - Get Free Report) major shareholder Top Holdco B.V. Bitfury sold 1,901,112 shares of the company's stock in a transaction on Friday, September 6th. The stock was sold at an average price of $2.74, for a total value of $5,209,046.88. Following the transaction, the insider now directly owns 103,946,004 shares in the company, valued at approximately $284,812,050.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.

Cipher Mining (NASDAQ:CIFR) Stock Price Up 8.1%

Cipher Mining (NASDAQ:CIFR) Shares Gap Down to $3.20

Cipher Mining (NASDAQ:CIFR) Shares Down 9.7%

Cantor Fitzgerald reissued an "overweight" rating and issued a $9.00 price objective on shares of Cipher Mining in a research note on Tuesday.

Cipher Mining Inc. (NASDAQ:CIFR - Get Free Report) has been assigned an average rating of "Buy" from the eight brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, six have assigned a buy recommendation

Canaccord Genuity Group restated a "buy" rating and set a $7.00 target price on shares of Cipher Mining in a research report on Thursday.

Cipher Mining (NASDAQ:CIFR) Shares Gap Up to $3.53

Cipher Mining (NASDAQ:CIFR) Shares Down 2.5%

Canaccord Genuity Group raised their price target on Cipher Mining from $6.00 to $7.00 and gave the company a "buy" rating in a research report on Wednesday.

Cipher Mining (NASDAQ:CIFR) Shares Up 4.4% Following Analyst Upgrade

Compass Point upped their target price on Cipher Mining from $7.50 to $9.00 and gave the stock a "buy" rating in a report on Thursday.

Cipher Mining (NASDAQ:CIFR) Shares Gap Up on Analyst Upgrade

Cipher Mining (NASDAQ:CIFR) Shares Down 5.6%

Cipher Mining (NASDAQ:CIFR - Get Free Report) issued its earnings results on Tuesday. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.05). The business had revenue of $36.81 million for the quarter, compared to analyst estimates of $39.17 million. Cipher Mining had a net margin of 13.54% and a return on equity of 4.66%. During the same period in the prior year, the firm earned ($0.05) earnings per share.

Vanguard Group Inc. grew its stake in shares of Cipher Mining Inc. (NASDAQ:CIFR - Free Report) by 62.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,657,019 shares of the company's stock after acquiring an additional 2,164

Stifel Canada raised shares of Cipher Mining to a "strong-buy" rating in a report on Tuesday.

Cipher Mining (NASDAQ:CIFR) Shares Up 9.3%

Cipher Mining (NASDAQ:CIFR) Shares Gap Down to $4.33

Cipher Mining Inc. (NASDAQ:CIFR - Get Free Report) has been given a consensus rating of "Moderate Buy" by the six analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The a

Cipher Mining (NASDAQ:CIFR) Stock Price Down 10.8%

Cipher Mining Inc. (NASDAQ:CIFR - Get Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 24,110,000 shares, an increase of 8.6% from the June 30th total of 22,210,000 shares. Based on an average daily volume of 9,210,000 shares, the days-to-cover ratio is currently 2.6 days. Currently, 12.5% of the shares of the stock are sold short.

Cipher Mining (NASDAQ:CIFR) Shares Up 4.8%

Cipher Mining (NASDAQ:CIFR) Shares Gap Up to $5.51