Cipher Mining Inc. (NASDAQ:CIFR – Get Free Report) Director James Newsome sold 21,821 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $16.03, for a total value of $349,790.63. Following the completion of the transaction, the director owned 172,492 shares in the company, valued at $2,765,046.76. This represents a 11.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Cipher Mining Stock Performance
CIFR stock opened at $15.91 on Wednesday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 2.49 and a current ratio of 2.49. The stock has a market cap of $6.29 billion, a P/E ratio of -88.39 and a beta of 2.91. The firm has a 50 day simple moving average of $18.14 and a 200 day simple moving average of $11.50. Cipher Mining Inc. has a 52 week low of $1.86 and a 52 week high of $25.52.
Cipher Mining (NASDAQ:CIFR – Get Free Report) last released its quarterly earnings data on Monday, November 3rd. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.07. Cipher Mining had a negative net margin of 34.16% and a negative return on equity of 9.57%. The firm had revenue of $106.69 million for the quarter, compared to analyst estimates of $79.13 million. Research analysts anticipate that Cipher Mining Inc. will post -0.31 earnings per share for the current fiscal year.
Trending Headlines about Cipher Mining
- Positive Sentiment: Cipher announced acquisition of a 200 MW site (195 acres) in Ohio with interconnection approvals to join the PJM grid — expands capacity outside Texas and targets AI workloads, which could materially increase future power-sales/data-center revenue and diversify the company’s footprint. Cipher Mining Announces Acquisition of 200 MW Site in Ohio
- Positive Sentiment: Major business press picked up the deal — headlines emphasize the company’s move into AI/data-center power markets, increasing investor visibility and narrative that Cipher is transitioning from pure bitcoin mining power to higher-margin AI workloads. Cipher Mining acquires 200 MW Ohio site for AI workloads
- Positive Sentiment: Analyst/industry commentary is bullish on Cipher as a potential “AI data-center powerhouse,” which can lift sentiment and valuation multiples if the company converts sites to higher-utilization, longer-term contracts. Cipher Mining: Future AI Data Center Powerhouse
- Neutral Sentiment: Coverage summaries and market write-ups flagged the stock as a mover today, bringing attention and trading volume — useful for liquidity but not a direct fundamental change. What’s Going On With Cipher Mining (CIFR) Stock Today?
- Negative Sentiment: Two directors sold shares on Dec. 19: James E. Newsome sold 21,821 shares at ~$16.03 (~$350k, ~11.2% reduction of his stake) and Wesley Hastie Williams sold 49,867 shares at ~$16.08 (~$802k, ~24% reduction). Insider selling can create short-term downward pressure and may be read by some investors as signal of cashing out. SEC filings disclose the trades. Newsome SEC filing Williams SEC filing
Analyst Ratings Changes
A number of research firms recently issued reports on CIFR. Wells Fargo & Company set a $18.00 price objective on Cipher Mining in a research report on Monday, November 24th. Arete Research assumed coverage on Cipher Mining in a research note on Wednesday, September 24th. They set a “buy” rating and a $24.00 price target for the company. Macquarie lifted their price target on Cipher Mining from $16.00 to $27.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Needham & Company LLC boosted their price target on Cipher Mining from $15.00 to $26.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Finally, JMP Securities set a $30.00 price objective on Cipher Mining in a report on Wednesday, November 19th. Thirteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $24.73.
Get Our Latest Stock Analysis on CIFR
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in CIFR. Charles Schwab Investment Management Inc. lifted its holdings in Cipher Mining by 5.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,319,563 shares of the company’s stock worth $7,635,000 after purchasing an additional 180,010 shares during the last quarter. Deutsche Bank AG grew its holdings in Cipher Mining by 3.9% during the first quarter. Deutsche Bank AG now owns 201,203 shares of the company’s stock valued at $463,000 after purchasing an additional 7,526 shares during the last quarter. Swiss National Bank raised its position in shares of Cipher Mining by 4.2% in the first quarter. Swiss National Bank now owns 471,700 shares of the company’s stock valued at $1,085,000 after purchasing an additional 18,900 shares during the period. HighTower Advisors LLC lifted its stake in shares of Cipher Mining by 309.4% in the first quarter. HighTower Advisors LLC now owns 73,810 shares of the company’s stock worth $170,000 after buying an additional 55,782 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of Cipher Mining by 5.8% in the first quarter. American Century Companies Inc. now owns 481,571 shares of the company’s stock worth $1,108,000 after buying an additional 26,530 shares during the last quarter. 12.26% of the stock is owned by institutional investors.
Cipher Mining Company Profile
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.
Featured Stories
- Five stocks we like better than Cipher Mining
- The boring AI play that could pay up to $4,290 monthly
- Trump’s “real estate deal for America” explained
- Put $1,000 into this stock by Jan 1 [Not NVDA]
- Trump Did WHAT??
- A month before the crash
Receive News & Ratings for Cipher Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cipher Mining and related companies with MarketBeat.com's FREE daily email newsletter.
