Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Cleanspark Inc shares valued at $357,330 were sold by Wood Thomas Leigh on Mar 24 ’25. At $8.04 per share, Wood Thomas Leigh sold 44,444 shares. The insider’s holdings dropped to 126,736 shares worth approximately $0.99 million following the completion of this transaction.
Also, Wood Thomas Leigh purchased 44,444 shares, netting a total of over 357,401 in proceeds.
Before that, Cavaleri Amanda had sold 13,000 shares from its account. In a trade valued at $103,600, the Director traded Cleanspark Inc shares for $7.97 each. Upon closing the transaction, the insider’s holdings decreased to 13,000 shares, worth approximately $1.1 million.
As published in their initiating research note from Needham on February 12, 2025, Cleanspark Inc [CLSK] has been a Buy and the price target has been revised to $20. Analysts at Keefe Bruyette started covering the stock with ‘”an Outperform”‘ outlook in a report released in late January. As of December 10, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for CLSK. Earlier on September 25, 2024, Macquarie initiated its rating. Their recommendation was “an Outperform” for CLSK stock.
Analyzing CLSK Stock Performance
During the last five days, there has been a surge of approximately 1.23%. Over the course of the year, Cleanspark Inc shares have dropped approximately -14.82%. Shares of the company reached a 52-week high of $12.47 on 02/07/25 and a 52-week low of $7.22 on 03/04/25. A 50-day SMA is recorded $9.42, while a 200-day SMA reached $11.93.
Support And Resistance Levels for Cleanspark Inc (CLSK)
According to the 24-hour chart, there is a support level at 7.66, which, if violated, would cause prices to drop to 7.48. In the upper region, resistance lies at 8.15. The next price resistance is at 8.45. RSI (Relative Strength Index) is 44.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.20, which suggests the price will decrease in the coming days. Percent R is at 64.72%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
