Point72 Hong Kong Ltd Lowers Position in Cipher Mining Inc. (NASDAQ:CIFR)

[ad_1] <br><div id="articlecontent"> <p><img src="https://www.marketbeat.com/logos/cipher-mining-inc-logo.png?v=20211202114241" alt="Cipher Mining logo" title="Cipher Mining" class="companylogo"/>Point72 Hong Kong Ltd decreased its stake in Cipher Mining Inc. (<a target="_blank" href="https://www.marketbeat.com/stocks/NASDAQ/CIFR/" rel="noopener">NASDAQ:CIFR</a> - <a target="_blank" style="font-weight:normal;text-decoration:italic;color:green" href="https://report.stocknews.com/sign-up/ticker/?ticker=CIFR&lead_source=marketbeat_snra&utm_source=marketbeat_snra&utm_medium=article&utm_campaign=ticker&utm_term=CIFR&utm_content=text_link" rel="noopener">Get Rating</a>) by 20.3% in the course of the third quarter, in response to the corporate in its most up-to-date submitting with the Securities and Alternate Fee. The agency owned 2,744,418 shares of the corporate's inventory after promoting 698,412 shares in the course of the interval. Point72 Hong Kong Ltd owned roughly 1.11% of Cipher Mining value $3,458,000 on the finish of the newest quarter. </p><p><a target="_blank" style="text-decoration:underline;font-weight:normal;" rel="nofollow noopener" href="https://www.marketbeat.com/scripts/redirect.aspx?NativeDisplayAdID=13948&ImpressionID=0&UserID=0&Placement=PlaceOnTextLinkAds&interstitial=1">→ Becoming A Full Time Trader May Have Just Gotten Easier…</a> <span style="color:#666;font-size:11pt">(From Base Camp Buying and selling)</span><img src="https://www.imsjjk309.com/i/3F6B6H7/228B777/?uid=2180&sub5=d13948" style="width:1px;" height="1" width="1" alt="pixel"/></p><p>A lot of different giant buyers additionally just lately purchased and offered shares of CIFR. Vanguard Group Inc. boosted its place in shares of Cipher Mining by 103.8% in the course of the first quarter. Vanguard Group Inc. now owns 1,893,078 shares of the corporate's inventory value $6,891,000 after shopping for an extra 964,326 shares in the course of the interval. State Road Corp grew its place in Cipher Mining by 159.4% within the 2nd quarter. State Road Corp now owns 602,653 shares of the corporate's inventory valued at $826,000 after buying an extra 370,315 shares within the final quarter. Van ECK Associates Corp elevated its stake in Cipher Mining by 30.5% in the course of the third quarter. Van ECK Associates Corp now owns 544,129 shares of the corporate's inventory value $686,000 after buying an extra 127,088 shares in the course of the interval. Vident Funding Advisory LLC lifted its place in shares of Cipher Mining by 2,630.5% in the course of the first quarter. Vident Funding Advisory LLC now owns 392,188 shares of the corporate's inventory value $1,428,000 after buying an extra 377,825 shares within the final quarter. Lastly, Northern Belief Corp boosted its stake in shares of Cipher Mining by 244.6% within the second quarter. Northern Belief Corp now owns 338,764 shares of the corporate's inventory valued at $465,000 after buying an extra 240,466 shares in the course of the interval. Institutional buyers and hedge funds personal 10.80% of the corporate's inventory. </p><h2>Analyst Upgrades and Downgrades</h2><p>A lot of analysts just lately weighed in on CIFR shares. HC Wainwright upgraded shares of Cipher Mining from a "impartial" score to a "purchase" score and upped their goal worth for the inventory from $1.50 to $3.00 in a analysis be aware on Tuesday, February seventh. Needham & Firm LLC assumed protection on Cipher Mining in a analysis be aware on Tuesday. They set a "purchase" score and a $2.70 worth goal on the inventory.</p><h2>Insider Transactions at Cipher Mining</h2><p>In different information, CEO Tyler Web page offered 35,000 shares of the inventory in a transaction dated Thursday, December 1st. The shares have been offered at a median worth of $0.82, for a complete transaction of $28,700.00. Following the transaction, the chief government officer now immediately owns 3,120,614 shares within the firm, valued at roughly $2,558,903.48. The sale was disclosed in a authorized submitting with the SEC, which is obtainable at <a target="_blank" href="http://www.sec.gov/Archives/edgar/data/1819989/000089924322037462/xslF345X03/doc4.xml" rel="noopener">this hyperlink</a>. Insiders personal 1.76% of the corporate's inventory. </p><h2>Cipher Mining Inventory Down 5.2 %</h2><p>Shares of <a target="_blank" href="https://www.marketbeat.com/stocks/NASDAQ/CIFR/sec-filings/" rel="noopener">Cipher Mining stock</a> opened at $1.64 on Friday. The corporate has a 50-day transferring common of $1.14 and a two-hundred day transferring common of $1.24. Cipher Mining Inc. has a 12-month low of $0.38 and a 12-month excessive of $3.94. </p><h2 style="display:inline-block">About Cipher Mining</h2> (<a target="_blank" style="font-weight:normal;text-decoration:italic;color:green" href="https://report.stocknews.com/sign-up/ticker/?ticker=CIFR&lead_source=marketbeat_snra&utm_source=marketbeat_snra&utm_medium=article&utm_campaign=ticker&utm_term=CIFR&utm_content=text_link" rel="noopener">Get Rating</a>)<p>Cipher Mining Inc, a know-how firm, operates within the bitcoin mining ecosystem in america. It engages in creating and rising a cryptocurrency mining enterprise that makes a speciality of bitcoin. The corporate was integrated in 2021 and relies in New York, New York. </p><h2>Learn Extra</h2><p style="text-align:center"><img src="https://www.marketbeat.com/scripts/SECFilingChart.ashx?Prefix=NASDAQ&Symbol=CIFR" alt="Institutional Ownership by Quarter for Cipher Mining (NASDAQ:CIFR)" width="650" height="350"/></p><p><em>This on the spot information alert was generated by narrative science know-how and monetary knowledge from MarketBeat as a way to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat's editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.</em></p><p>Earlier than you take into account Cipher Mining, you may wish to hear this.</p><p>MarketBeat retains monitor of Wall Road's top-rated and greatest performing analysis analysts and the shares they suggest to their purchasers each day. 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