Cipher Mining (NASDAQ:CIFR) CEO Tyler Page Sells 37,500 Shares

Cipher Mining Inc. (NASDAQ:CIFR) CEO Tyler Page sold 37,500 shares of the firm’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 sale, the chief executive officer directly owned 8,263,862 shares of the company’s stock, valued at $133,130,816.82. This represents a 0.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Cipher Mining Stock Performance

Shares of Cipher Mining stock opened at $13.74 on Friday. The company has a quick ratio of 3.79, a current ratio of 3.79 and a debt-to-equity ratio of 3.37. The stock’s fifty day moving average is $15.71 and its two-hundred day moving average is $16.34. Cipher Mining Inc. has a 52 week low of $1.86 and a 52 week high of $25.52. The company has a market capitalization of $5.57 billion, a PE ratio of -6.36 and a beta of 2.96.

Analyst Ratings Changes

Several research firms recently commented on CIFR. Needham & Company LLC reaffirmed a “buy” rating and issued a $22.00 price target on shares of Cipher Mining in a research note on Wednesday. Morgan Stanley initiated coverage on shares of Cipher Mining in a research report on Monday, February 9th. They issued an “overweight” rating and a $38.00 price objective for the company. Wall Street Zen downgraded shares of Cipher Mining from a “hold” rating to a “strong sell” rating in a research note on Sunday, March 1st. Keefe, Bruyette & Woods decreased their price target on shares of Cipher Mining from $22.00 to $20.00 and set an “outperform” rating for the company in a research note on Wednesday, March 11th. Finally, Zacks Research upgraded Cipher Mining from a “strong sell” rating to a “hold” rating in a report on Wednesday. Fourteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $23.68.

Institutional Trading of Cipher Mining

A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Cipher Mining by 43.2% during the 4th quarter. Vanguard Group Inc. now owns 32,680,186 shares of the company’s stock worth $482,360,000 after acquiring an additional 9,865,533 shares in the last quarter. Situational Awareness LP raised its holdings in shares of Cipher Mining by 82.4% in the 4th quarter. Situational Awareness LP now owns 10,469,093 shares of the company’s stock valued at $154,524,000 after purchasing an additional 4,728,600 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Cipher Mining by 7.3% in the 4th quarter. Geode Capital Management LLC now owns 8,164,226 shares of the company’s stock worth $120,519,000 after purchasing an additional 558,105 shares during the period. State Street Corp lifted its position in shares of Cipher Mining by 10.2% in the 4th quarter. State Street Corp now owns 8,078,423 shares of the company’s stock worth $119,238,000 after purchasing an additional 745,030 shares during the period. Finally, Value Aligned Research Advisors LLC boosted its stake in shares of Cipher Mining by 45.9% during the fourth quarter. Value Aligned Research Advisors LLC now owns 7,447,495 shares of the company’s stock valued at $109,925,000 after purchasing an additional 2,342,958 shares in the last quarter. 12.26% of the stock is owned by hedge funds and other institutional investors.

Key Cipher Mining News

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.

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.