Foundations Investment Advisors LLC Takes Position in Cipher Mining Inc. $CIFR

Posted by George Bondi on Jun 3rd, 2026

Foundations Investment Advisors LLC purchased a new stake in shares of Cipher Mining Inc. (NASDAQ:CIFR – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 45,181 shares of the company’s stock, valued at approximately $667,000.

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Cipher Mining by 43.2% in the 4th quarter. Vanguard Group Inc. now owns 32,680,186 shares of the company’s stock worth $482,360,000 after acquiring an additional 9,865,533 shares during the last quarter. Voloridge Investment Management LLC acquired a new position in shares of Cipher Mining in the 3rd quarter worth $70,524,000. Value Aligned Research Advisors LLC acquired a new position in shares of Cipher Mining in the 3rd quarter worth $64,266,000. Millennium Management LLC acquired a new position in shares of Cipher Mining in the 1st quarter worth $9,316,000. Finally, Two Sigma Investments LP grew its holdings in shares of Cipher Mining by 64.9% in the 3rd quarter. Two Sigma Investments LP now owns 6,746,401 shares of the company’s stock worth $84,937,000 after acquiring an additional 2,655,015 shares during the last quarter. 12.26% of the stock is currently owned by institutional investors and hedge funds.

Cipher Mining Price Performance

Shares of NASDAQ:CIFR opened at $24.01 on Tuesday. Cipher Mining Inc. has a fifty-two week low of $3.08 and a fifty-two week high of $25.56. The business has a 50-day moving average of $18.28 and a two-hundred day moving average of $17.03. The stock has a market capitalization of $9.82 billion, a P/E ratio of -10.30 and a beta of 3.18. The company has a debt-to-equity ratio of 6.13, a current ratio of 3.13 and a quick ratio of 3.13.

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

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Morgan Stanley lifted their target price on Cipher Mining to $42.50 and gave the stock an “overweight” rating in a report on Tuesday, May 19th. Needham & Company LLC lifted their price target on Cipher Mining from $22.00 to $25.00 and gave the company a “buy” rating in a report on Friday, May 15th. Wall Street Zen downgraded Cipher Mining from a “hold” rating to a “strong sell” rating in a report on Sunday, March 1st. Cantor Fitzgerald reduced their price objective on Cipher Mining from $24.00 to $22.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Finally, Zacks Research raised Cipher Mining from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 25th. Fifteen investment 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, Cipher Mining currently has an average rating of “Moderate Buy” and a consensus price target of $27.00.

Read Our Latest Report on CIFR

Insider Buying and Selling

In other Cipher Mining news, Director Wesley Hastie Williams sold 14,567 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $21.41, for a total value of $311,879.47. Following the completion of the sale, the director owned 115,409 shares of the company’s stock, valued at $2,470,906.69. The trade was a 11.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Cary M. Grossman sold 20,000 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $21.82, for a total value of $436,400.00. Following the completion of the sale, the director directly owned 150,530 shares of the company’s stock, valued at $3,284,564.60. This represents a 11.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 258,965 shares of company stock valued at $4,588,569. 2.63% of the stock is owned by corporate insiders.

Cipher Mining Profile

(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.