Cleanspark Inc’s recent filing unveils that its Director Wood Thomas Leigh unloaded Company’s shares for reported $0.36 million on Mar 24 ’25. In the deal valued at $8.04 per share,44,444 shares were sold. As a result of this transaction, Wood Thomas Leigh now holds 126,736 shares worth roughly $0.85 million.
Then, Wood Thomas Leigh bought 44,444 shares, generating $357,401 in total proceeds.
Before that, Cavaleri Amanda sold 13,000 shares. Cleanspark Inc shares valued at $103,600 were divested by the Director at a price of $7.97 per share. As a result of the transaction, Cavaleri Amanda now holds 140,289 shares, worth roughly $0.95 million.
Needham initiated its Cleanspark Inc [CLSK] rating to a Buy in a research note published on February 12, 2025; the price target was $20. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who began to cover the stock in late January with a ‘”an Outperform”‘ rating. JP Morgan also remained covering CLSK and has increased its forecast on December 10, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Macquarie started covering the stock on September 25, 2024. It rated CLSK as “an Outperform”.
Price Performance Review of CLSK
On Tuesday, Cleanspark Inc [NASDAQ:CLSK] saw its stock fall -9.29% to $6.74. Over the last five days, the stock has lost -10.85%. Cleanspark Inc shares have fallen nearly -26.82% since the year began. Nevertheless, the stocks have fallen -57.58% over the past one year. While a 52-week high of $21.39 was reached on 02/07/25, a 52-week low of $6.45 was recorded on 04/07/25. SMA at 50 days reached $8.80, while 200 days put it at $11.53.
Levels Of Support And Resistance For CLSK Stock
The 24-hour chart illustrates a support level at 6.25, which if violated will result in even more drops to 5.75. On the upside, there is a resistance level at 7.50. A further resistance level may holdings at 8.25. The Relative Strength Index (RSI) on the 14-day chart is 39.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.16%. Stochastics %K at 28.67% indicates the stock is a holding.
How much short interest is there in Cleanspark Inc?
A steep rise in short interest was recorded in Cleanspark Inc stocks on 2025-03-14, growing by 5.74 million shares to a total of 80.63 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 74.9 million shares. There was a rise of 7.12%, which implies that there is a positive sentiment for the stock.
