Cipher Mining Inc. (NASDAQ:CIFR – Get Free Report) Director James Newsome sold 21,821 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $16.03, for a total value of $349,790.63. Following the completion of the sale, the director owned 172,492 shares in the company, valued at $2,765,046.76. This trade represents a 11.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Cipher Mining Price Performance
Cipher Mining stock opened at $16.21 on Thursday. The stock’s 50 day moving average is $18.05 and its 200 day moving average is $11.53. Cipher Mining Inc. has a one year low of $1.86 and a one year high of $25.52. The firm has a market cap of $6.40 billion, a P/E ratio of -90.03 and a beta of 2.91. The company has a debt-to-equity ratio of 1.31, a current ratio of 2.49 and a quick ratio of 2.49.
Cipher Mining (NASDAQ:CIFR – Get Free Report) last issued its quarterly earnings results on Monday, November 3rd. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.07. Cipher Mining had a negative net margin of 34.16% and a negative return on equity of 9.57%. The firm had revenue of $106.69 million for the quarter, compared to the consensus estimate of $79.13 million. As a group, research analysts expect that Cipher Mining Inc. will post -0.31 EPS for the current year.
Hedge Funds Weigh In On Cipher Mining
Analyst Ratings Changes
CIFR has been the subject of a number of research analyst reports. HC Wainwright lifted their target price on Cipher Mining to $30.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Wells Fargo & Company set a $18.00 price objective on shares of Cipher Mining in a research report on Monday, November 24th. Northland Securities set a $27.50 price objective on shares of Cipher Mining in a research note on Tuesday, November 4th. Arete Research began coverage on shares of Cipher Mining in a research note on Wednesday, September 24th. They set a “buy” rating and a $24.00 target price on the stock. Finally, BTIG Research restated a “buy” rating and issued a $25.00 price target on shares of Cipher Mining in a report on Wednesday, November 5th. Thirteen research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Cipher Mining has an average rating of “Moderate Buy” and a consensus target price of $24.73.
Check Out Our Latest Stock Report on CIFR
Key Cipher Mining News
Here are the key news stories impacting Cipher Mining this week:
- Positive Sentiment: Cipher announced acquisition of a 200 MW site (195 acres) in Ohio with interconnection approvals to join the PJM grid — expands capacity beyond Texas and targets AI workloads, supporting a narrative shift to higher‑margin power/data-center contracts. Cipher Mining Announces Acquisition of 200 MW Site in Ohio
- Positive Sentiment: Major outlets and analyst write-ups are framing Cipher as an emerging AI infrastructure play — coverage increases visibility and could lift valuation multiples if the company converts sites to long-term AI contracts. Cipher Mining acquires 200 MW Ohio site for AI workloads
- Positive Sentiment: Analyst/long-form bullish views and a Seeking Alpha upgrade highlight resilience to Bitcoin volatility and emphasize large AI contract potential (cited multi‑billion pipeline), supporting a constructive investor thesis. Cipher Mining: Built To Withstand Bitcoin Volatility And Ride AI Wave (Rating Upgrade)
- Neutral Sentiment: Market write-ups and “stock mover” summaries are amplifying trading volume and attention; useful for liquidity but not a direct fundamental change. What’s Going On With Cipher Mining (CIFR) Stock Today?
- Neutral Sentiment: Short-interest report in the feed shows nonsensical/zero values (0 shares, NaN change) — likely data noise and not actionable until clarified by reliable short-interest filings.
- Negative Sentiment: Two directors sold shares (Dec. 19): James E. Newsome sold 21,821 shares (~$350k at ~$16.03) and Wesley Hastie Williams sold 49,867 shares (~$802k at ~$16.08). Insider selling can create short-term pressure and raise questions for some investors. Newsome SEC filing Williams SEC filing
About Cipher Mining
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.
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