Sphere 3D Corp (NASDAQ:ANY) major shareholder Cyrus Capital Partners, L.P. sold 125,315 shares of the business’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $2.08, for a total transaction of $260,655.20. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of ANY traded down $0.03 during trading hours on Friday, reaching $2.05. 23,182 shares of the company traded hands, compared to its average volume of 152,778. Sphere 3D Corp has a 12-month low of $1.06 and a 12-month high of $8.70.
Separately, ValuEngine lowered shares of Sphere 3D from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st.
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About Sphere 3D
Sphere 3D Corp. provides data management, and desktop and application virtualization solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It enables organizations to deploy a combination of public, private, or hybrid cloud strategies through containerized applications, virtual desktops, virtual storage, and physical hyper-converged platforms.
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