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 $1.11 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 $1.23 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 jump 17.40% to $8.77. Over the last five days, the stock has gained 12.72%. Cleanspark Inc shares have fallen nearly -4.78% since the year began. Nevertheless, the stocks have fallen -41.22% 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 $8.26, while 200 days put it at $11.10.
Levels Of Support And Resistance For CLSK Stock
The 24-hour chart illustrates a support level at 8.03, which if violated will result in even more drops to 7.30. On the upside, there is a resistance level at 9.17. A further resistance level may holdings at 9.58. The Relative Strength Index (RSI) on the 14-day chart is 58.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 2.93%. Stochastics %K at 73.26% 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 2025-03-31, growing by 9.6 million shares to a total of 89.3 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 79.7 million shares. There was a rise of 10.75%, which implies that there is a positive sentiment for the stock.