Sigma Planning Corp Has $146,000 Stock Position in CleanSpark, Inc. (NASDAQ:CLSK)

Sigma Planning Corp lessened its position in CleanSpark, Inc. (NASDAQ:CLSK) by 44.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 15,653 shares of the company’s stock after selling 12,280 shares during the period. Sigma Planning Corp’s holdings in CleanSpark were worth $146,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in CleanSpark by 58.5% during the 1st quarter. Vanguard Group Inc. now owns 12,755,249 shares of the company’s stock valued at $270,539,000 after purchasing an additional 4,706,738 shares during the last quarter. Marshall Wace LLP purchased a new stake in CleanSpark in the 2nd quarter valued at $18,074,000. Van ECK Associates Corp lifted its stake in CleanSpark by 64.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,590,688 shares of the company’s stock valued at $14,857,000 after acquiring an additional 620,792 shares in the last quarter. Millennium Management LLC boosted its holdings in CleanSpark by 74.6% during the 2nd quarter. Millennium Management LLC now owns 1,251,278 shares of the company’s stock worth $19,958,000 after acquiring an additional 534,825 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of CleanSpark by 32.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 871,793 shares of the company’s stock worth $13,905,000 after acquiring an additional 215,124 shares in the last quarter. Institutional investors own 43.12% of the company’s stock.

Insider Buying and Selling at CleanSpark

In other news, Director Thomas Leigh Wood sold 22,222 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $9.24, for a total transaction of $205,331.28. Following the sale, the director now owns 137,050 shares in the company, valued at $1,266,342. This represents a 13.95 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Over the last quarter, insiders sold 26,272 shares of company stock valued at $250,003. Corporate insiders own 2.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on CLSK shares. JPMorgan Chase & Co. cut their price objective on CleanSpark from $12.50 to $10.50 and set a “neutral” rating on the stock in a research report on Friday, August 23rd. Cantor Fitzgerald reissued an “overweight” rating and issued a $23.00 price target on shares of CleanSpark in a report on Thursday, October 3rd. HC Wainwright restated a “buy” rating and set a $27.00 price objective on shares of CleanSpark in a report on Wednesday, September 25th. Finally, Macquarie assumed coverage on shares of CleanSpark in a research note on Wednesday, September 25th. They issued an “outperform” rating and a $20.00 target price on the stock. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.42.

CleanSpark Stock Up 0.4 %

NASDAQ:CLSK opened at $14.03 on Monday. CleanSpark, Inc. has a 12 month low of $3.75 and a 12 month high of $24.72. The company has a 50-day moving average price of $10.89 and a 200-day moving average price of $13.72.

About CleanSpark

CleanSpark, Inc operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc and changed its name to CleanSpark, Inc in November 2016.