Cipher Mining (NASDAQ:CIFR) Director Sells $311,879.47 in Stock

Posted by Brenda Bartman on May 22nd, 2026

Cipher Mining Inc. (NASDAQ:CIFR – Get Free Report) Director Wesley Hastie Williams sold 14,567 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $21.41, for a total transaction of $311,879.47. Following the transaction, the director directly owned 115,409 shares of the company’s stock, valued at approximately $2,470,906.69. This represents a 11.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Wesley Hastie Williams also recently made the following trade(s):

On Wednesday, May 6th, Wesley Hastie Williams sold 28,169 shares of Cipher Mining stock. The stock was sold at an average price of $22.26, for a total transaction of $627,041.94.

Cipher Mining Stock Up 2.1%

CIFR stock traded up $0.45 during mid-day trading on Friday, hitting $21.97. 19,384,786 shares of the company were exchanged, compared to its average volume of 27,846,924. The company has a market capitalization of $8.99 billion, a PE ratio of -9.43 and a beta of 3.13. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 6.13. Cipher Mining Inc. has a twelve month low of $3.08 and a twelve month high of $25.52. The firm has a fifty day simple moving average of $17.02 and a 200 day simple moving average of $16.93.

Cipher Mining (NASDAQ:CIFR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($0.01). The company had revenue of $34.84 million for the quarter, compared to analyst estimates of $36.12 million. Cipher Mining had a negative return on equity of 117.65% and a negative net margin of 427.79%.Cipher Mining’s quarterly revenue was down 28.8% on a year-over-year basis. On average, research analysts forecast that Cipher Mining Inc. will post -0.8 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on CIFR shares. Keefe, Bruyette & Woods raised their price target on shares of Cipher Mining from $23.00 to $27.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Needham & Company LLC raised their price target on shares of Cipher Mining from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. HC Wainwright raised their price target on shares of Cipher Mining from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. BTIG Research restated a “buy” rating and issued a $25.00 price target on shares of Cipher Mining in a research report on Wednesday, May 6th. Finally, Jefferies Financial Group started coverage on shares of Cipher Mining in a research report on Thursday, May 14th. They issued a “buy” rating and a $32.00 price target on the stock. Fifteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Cipher Mining presently has a consensus rating of “Moderate Buy” and an average price target of $27.00.

Get Our Latest Analysis on CIFR

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its position in Cipher Mining by 13.4% in the 3rd quarter. Vanguard Group Inc. now owns 22,814,653 shares of the company’s stock valued at $287,236,000 after purchasing an additional 2,699,717 shares during the last quarter. American Century Companies Inc. lifted its position in Cipher Mining by 138.2% in the 3rd quarter. American Century Companies Inc. now owns 1,406,864 shares of the company’s stock valued at $17,712,000 after purchasing an additional 816,198 shares during the last quarter. Private Advisor Group LLC lifted its position in Cipher Mining by 15.7% in the 3rd quarter. Private Advisor Group LLC now owns 1,789,462 shares of the company’s stock valued at $22,529,000 after purchasing an additional 242,894 shares during the last quarter. Tyche Wealth Partners LLC lifted its position in Cipher Mining by 119.0% in the 4th quarter. Tyche Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $1,697,000 after purchasing an additional 62,500 shares during the last quarter. Finally, Regal Partners Ltd bought a new stake in Cipher Mining in the 3rd quarter valued at about $3,009,000. 12.26% of the stock is currently owned by institutional investors.

About Cipher Mining

(Get Free Report)

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.