Cipher Mining Inc’s recently made public that its Director GROSSMAN CARY M acquired Company’s shares for reported $0.2 million on Feb 26 ’25. In the deal valued at $4.06 per share,50,000 shares were bought.
Then, Bitfury Top HoldCo B.V. sold 3,120 shares, generating $23,556 in total proceeds. Upon selling the shares at $7.55, the 10% Owner now owns 97,567,437 shares.
Before that, Bitfury Top HoldCo B.V. sold 300,000 shares. Cipher Mining Inc shares valued at $2,169,000 were divested by the 10% Owner at a price of $7.23 per share. As a result of the transaction, Bitfury Top HoldCo B.V. now holds 97,820,557 shares, worth roughly $380.52 million.
Rosenblatt initiated its Cipher Mining Inc [CIFR] rating to a Buy in a research note published on March 07, 2025; the price target was $6.50. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who began to cover the stock in early January with a ‘”an Outperform”‘ rating. JP Morgan also remained covering CIFR and has increased its forecast on December 10, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Northland Capital started covering the stock on September 25, 2024. It rated CIFR as “an Outperform”.
Price Performance Review of CIFR
On Friday, Cipher Mining Inc [NASDAQ:CIFR] saw its stock jump 2.64% to $3.89. Over the last five days, the stock has lost -4.66%. Cipher Mining Inc shares have fallen nearly -16.16% since the year began. Nevertheless, the stocks have risen 36.49% over the past one year. While a 52-week high of $7.99 was reached on 02/07/25, a 52-week low of $2.65 was recorded on 03/04/25. SMA at 50 days reached $5.13, while 200 days put it at $4.89.
Levels Of Support And Resistance For CIFR Stock
The 24-hour chart illustrates a support level at 3.70, which if violated will result in even more drops to 3.52. On the upside, there is a resistance level at 4.01. A further resistance level may holdings at 4.14. The Relative Strength Index (RSI) on the 14-day chart is 36.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.44%. Stochastics %K at 20.37% indicates the stock is a holding.
The most recent change occurred on September 25, 2024 when Macquarie began covering the stock and recommended ‘”an Outperform”‘ rating along with a $6 price target.
