Shares of Gemini Space Station, Inc. (NASDAQ:GEMI – Get Free Report) have earned an average rating of “Hold” from the thirteen ratings firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $12.5227.
GEMI has been the subject of a number of recent research reports. Rosenblatt Securities reiterated a “buy” rating and set a $9.00 price objective on shares of Gemini Space Station in a research report on Monday. Mizuho reduced their price objective on shares of Gemini Space Station from $26.00 to $12.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Wall Street Zen raised shares of Gemini Space Station from a “strong sell” rating to a “hold” rating in a research note on Saturday. Citigroup reduced their price objective on shares of Gemini Space Station from $5.50 to $4.00 and set a “sell” rating for the company in a research note on Tuesday, April 28th. Finally, Truist Financial lowered shares of Gemini Space Station from a “buy” rating to a “hold” rating and set a $7.00 price objective for the company. in a research note on Tuesday, February 17th.
Read Our Latest Stock Analysis on Gemini Space Station
Gemini Space Station Stock Performance
Gemini Space Station (NASDAQ:GEMI – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.93) EPS for the quarter, missing analysts’ consensus estimates of ($0.90) by ($0.03). The firm had revenue of $50.27 million during the quarter. The business’s revenue for the quarter was up 38.3% on a year-over-year basis. On average, research analysts forecast that Gemini Space Station will post -3.56 earnings per share for the current year.
Insider Buying and Selling
In other Gemini Space Station news, Director Sachin Chand Jaitly sold 39,708 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $8.92, for a total transaction of $354,195.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Institutional Trading of Gemini Space Station
A number of hedge funds have recently bought and sold shares of GEMI. SG Americas Securities LLC purchased a new stake in Gemini Space Station during the third quarter valued at about $325,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Gemini Space Station during the third quarter valued at about $248,000. SBI Securities Co. Ltd. purchased a new stake in Gemini Space Station during the third quarter valued at about $51,000. Ground Swell Capital LLC purchased a new stake in Gemini Space Station during the third quarter valued at about $229,000. Finally, Vanguard Group Inc. purchased a new stake in Gemini Space Station during the third quarter valued at about $25,656,000.
Gemini Space Station Company Profile
Our mission is to unlock the next era of financial, creative, and personal freedom. Gemini envisions a future where crypto will redesign the global financial system, the internet, and money in a way that provides greater choice, independence, and opportunity for all. As a trusted bridge between the traditional financial system and the emerging cryptoeconomy, we are providing access for individuals and institutions to a decentralized future that is more open, fair, and secure. Gemini was founded in 2014 to be the most trusted, secure, and easy way to buy, sell, and store crypto assets.
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