Todd Duchene Sells 10,000 Shares of Core Scientific (NASDAQ:CORZ) Stock

Posted by Brian Himes on Jul 3rd, 2026

Core Scientific, Inc. (NASDAQ:CORZ – Get Free Report) insider Todd Duchene sold 10,000 shares of the firm’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $26.17, for a total transaction of $261,700.00. Following the completion of the sale, the insider owned 2,038,895 shares of the company’s stock, valued at $53,357,882.15. This trade represents a 0.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Core Scientific Trading Down 9.6%

CORZ stock opened at $21.43 on Friday. The company’s 50-day moving average price is $25.26 and its 200 day moving average price is $19.87. Core Scientific, Inc. has a 52 week low of $12.42 and a 52 week high of $30.46. The company has a market cap of $6.81 billion, a P/E ratio of -18.80 and a beta of 5.50.

Core Scientific (NASDAQ:CORZ – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported ($1.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($1.04). The business had revenue of $115.24 million for the quarter, compared to the consensus estimate of $117.04 million. The company’s quarterly revenue was up 44.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.25 earnings per share. On average, equities research analysts expect that Core Scientific, Inc. will post 0.08 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on CORZ. Lucid Cap Mkts upgraded Core Scientific to a “strong-buy” rating in a research report on Friday, June 12th. B. Riley Financial raised their price target on Core Scientific from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Freedom Capital raised Core Scientific to a “hold” rating in a research note on Monday, June 15th. Needham & Company LLC boosted their price objective on shares of Core Scientific from $23.00 to $29.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, BTIG Research increased their price objective on shares of Core Scientific from $33.00 to $38.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $29.78.

View Our Latest Analysis on Core Scientific

Institutional Investors Weigh In On Core Scientific

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Core Scientific by 18.7% in the 4th quarter. Vanguard Group Inc. now owns 33,960,320 shares of the company’s stock valued at $494,462,000 after purchasing an additional 5,359,710 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Core Scientific during the 4th quarter worth about $1,252,000. Kintayl Capital LP purchased a new stake in shares of Core Scientific during the third quarter worth about $10,227,000. Nations Financial Group Inc. IA ADV purchased a new stake in shares of Core Scientific during the fourth quarter worth about $2,980,000. Finally, Jennison Associates LLC acquired a new position in shares of Core Scientific in the fourth quarter valued at approximately $14,075,000.

Core Scientific Company Profile

(Get Free Report)

Core Scientific, Inc (NASDAQ: CORZ) is a leading provider of large-scale blockchain infrastructure and digital asset mining services. The company develops, owns and operates high-performance data centers optimized for the mining of Bitcoin and other proof-of-work cryptocurrencies. In addition to its core mining operations, Core Scientific offers colocation, hosting and managed services designed to support institutional clients and enterprise users in deploying and scaling blockchain nodes and computing hardware.

Core Scientific’s service portfolio includes hardware procurement, deployment and maintenance, real-time monitoring, power management and network connectivity.