Cipher Mining (NASDAQ:CIFR) Director Sells $436,200.00 in Stock

Cipher Mining Inc. (NASDAQ:CIFR) Director Cary Grossman sold 30,000 shares of the company’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $14.54, for a total transaction of $436,200.00. Following the transaction, the director owned 170,530 shares in the company, valued at approximately $2,479,506.20. The trade was a 14.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Cipher Mining Stock Up 6.7%

Shares of NASDAQ:CIFR traded up $1.00 during mid-day trading on Wednesday, hitting $15.88. 40,607,200 shares of the company traded hands, compared to its average volume of 29,319,438. The company has a current ratio of 3.79, a quick ratio of 3.79 and a debt-to-equity ratio of 3.37. The stock has a 50-day moving average price of $15.92 and a two-hundred day moving average price of $16.27. Cipher Mining Inc. has a 12-month low of $1.86 and a 12-month high of $25.52. The stock has a market cap of $6.43 billion, a P/E ratio of -7.35 and a beta of 2.96.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Zacks Research cut shares of Cipher Mining from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 24th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $27.00 target price on shares of Cipher Mining in a report on Monday, December 15th. Rosenblatt Securities reaffirmed a “buy” rating and set a $24.00 price target on shares of Cipher Mining in a research report on Thursday, March 19th. Keefe, Bruyette & Woods dropped their price target on Cipher Mining from $22.00 to $20.00 and set an “outperform” rating on the stock in a report on Wednesday, March 11th. Finally, Morgan Stanley began coverage on Cipher Mining in a research note on Monday, February 9th. They issued an “overweight” rating and a $38.00 price objective for the company. Fourteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.68.

Cipher Mining News Summary

Here are the key news stories impacting Cipher Mining this week:

• Positive Sentiment: Cipher announced a new 15‑year data‑center campus lease with an investment‑grade hyperscale tenant and secured a revolving credit facility of up to $200 million, providing long‑term revenue visibility and near‑term liquidity support. Cipher Digital Announces Business Updates
• Positive Sentiment: Market coverage notes the hyperscaler lease as a clear signal of rising AI demand for data‑center capacity, which traders view as a durable revenue shift away from volatile bitcoin‑mining revenues. Cipher Digital Stock Jumps on Hyperscaler Deal. A New Signal for AI Demand.
• Positive Sentiment: Coverage on mainstream financial sites highlights the company’s AI pivot, long lease and liquidity as catalysts drawing trader attention. CIFR stock back on traders’ radar: AI pivot gains traction with long-term lease, fresh liquidity boost
• Positive Sentiment: Needham & Company reaffirmed a “buy” rating and set a $22 price target, implying meaningful upside from current levels — a broker upgrade/target like this can drive constructive flows and support the rally. Benzinga
• Neutral Sentiment: Analyst commentary and aggregated Wall Street optimism have been published (Zacks), which can amplify momentum but do not change the company’s underlying contract terms; useful for sentiment tracking rather than fundamentals. Wall Street Bulls Look Optimistic About Cipher Digital Inc. (CIFR): Should You Buy?
• Neutral Sentiment: Several short‑interest notices claim increases, but reported figures are inconsistent/erroneous (showing zero shares/NaN), so the short‑interest data appears unreliable and shouldn’t be treated as a confirmed bearish signal until clarified. (Source: market short‑interest summaries)

Hedge Funds Weigh In On Cipher Mining

Several institutional investors and hedge funds have recently bought and sold shares of CIFR. Los Angeles Capital Management LLC bought a new stake in Cipher Mining in the 4th quarter valued at about $25,000. Arax Advisory Partners boosted 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 worth $27,000 after purchasing an additional 1,338 shares during the period. GAMMA Investing LLC increased its stake in shares of Cipher Mining by 218.3% in the fourth quarter. GAMMA Investing LLC now owns 1,875 shares of the company’s stock worth $28,000 after purchasing an additional 1,286 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Cipher Mining in the fourth quarter valued at approximately $28,000. Finally, Sherman Asset Management Inc. bought a new stake in shares of Cipher Mining in the third quarter valued at approximately $25,000. 12.26% of the stock is owned by institutional investors.

About Cipher Mining

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.