James Newsome Sells 3,342 Shares of Cipher Mining (NASDAQ:CIFR) Stock

Posted by Geri Gentry on Jun 20th, 2026

Cipher Mining Inc. (NASDAQ:CIFR – Get Free Report) Director James Newsome sold 3,342 shares of Cipher Mining stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $20.96, for a total value of $70,048.32. Following the transaction, the director owned 132,288 shares in the company, valued at $2,772,756.48. This trade represents a 2.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Cipher Mining Price Performance

Shares of CIFR opened at $29.13 on Friday. The stock has a 50 day simple moving average of $21.46 and a 200 day simple moving average of $17.90. Cipher Mining Inc. has a 52-week low of $3.29 and a 52-week high of $30.01. The company has a debt-to-equity ratio of 6.13, a quick ratio of 3.13 and a current ratio of 3.13. The firm has a market capitalization of $11.92 billion, a PE ratio of -12.50 and a beta of 3.18.

Cipher Mining (NASDAQ:CIFR – Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported ($0.28) EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $36.12 million. The business’s quarterly revenue was down 28.8% on a year-over-year basis. Sell-side analysts predict that Cipher Mining Inc. will post -0.8 EPS for the current fiscal year.

Hedge Funds Weigh In On Cipher Mining

Several hedge funds have recently made changes to their positions in the business. Abel Hall LLC grew its holdings in shares of Cipher Mining by 3.8% in the 1st quarter. Abel Hall LLC now owns 20,140 shares of the company’s stock valued at $259,000 after acquiring an additional 739 shares in the last quarter. Rathbones Group PLC increased its position in shares of Cipher Mining by 7.0% in the first quarter. Rathbones Group PLC now owns 11,495 shares of the company’s stock valued at $148,000 after acquiring an additional 750 shares during the last quarter. CWM LLC raised its holdings in Cipher Mining by 43.3% during the fourth quarter. CWM LLC now owns 2,661 shares of the company’s stock worth $39,000 after acquiring an additional 804 shares in the last quarter. Prospera Financial Services Inc raised its holdings in Cipher Mining by 6.7% during the fourth quarter. Prospera Financial Services Inc now owns 15,600 shares of the company’s stock worth $230,000 after acquiring an additional 980 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in Cipher Mining by 218.3% during the fourth quarter. GAMMA Investing LLC now owns 1,875 shares of the company’s stock valued at $28,000 after purchasing an additional 1,286 shares during the last quarter. 12.26% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CIFR. Wall Street Zen lowered shares of Cipher Mining from a “hold” rating to a “strong sell” rating in a report on Sunday, March 1st. Jefferies Financial Group initiated coverage on shares of Cipher Mining in a research report on Thursday, May 14th. They issued a “buy” rating and a $32.00 price objective on the stock. BTIG Research reiterated a “buy” rating and set a $25.00 target price on shares of Cipher Mining in a report on Wednesday, May 6th. Morgan Stanley lowered their target price on Cipher Mining from $53.50 to $48.50 and set an “overweight” rating for the company in a report on Thursday, June 4th. Finally, Sanford C. Bernstein assumed coverage on Cipher Mining in a research note on Wednesday, June 3rd. They issued an “outperform” rating and a $32.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $27.69.

Check Out Our Latest Stock Analysis on CIFR

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.