North Reef Capital Management LP Sells 250,262 Shares of Gemini Space Station, Inc. $GEMI

Posted by on Jul 26th, 2026

North Reef Capital Management LP trimmed its holdings in Gemini Space Station, Inc. (NASDAQ:GEMI – Free Report) by 83.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,738 shares of the company’s stock after selling 250,262 shares during the quarter. North Reef Capital Management LP’s holdings in Gemini Space Station were worth $220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Gryphon Financial Partners LLC acquired a new stake in Gemini Space Station during the first quarter worth approximately $145,000. Apollon Wealth Management LLC acquired a new position in Gemini Space Station in the first quarter valued at approximately $44,000. Hsbc Holdings PLC acquired a new position in Gemini Space Station in the fourth quarter valued at approximately $174,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Gemini Space Station during the 4th quarter worth approximately $88,000. Finally, Aristides Capital LLC bought a new position in shares of Gemini Space Station during the 4th quarter worth approximately $164,000.

Gemini Space Station Price Performance

NASDAQ:GEMI opened at $4.29 on Friday. Gemini Space Station, Inc. has a one year low of $3.83 and a one year high of $45.89. The company has a market cap of $511.75 million and a PE ratio of -1.08. The firm has a 50-day moving average of $4.60 and a 200-day moving average of $6.04.

Gemini Space Station (NASDAQ:GEMI – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.93) earnings per share for the quarter, missing the consensus estimate of ($0.90) by ($0.03). The company had revenue of $50.27 million for the quarter. Gemini Space Station’s quarterly revenue was up 38.3% compared to the same quarter last year. On average, equities research analysts expect that Gemini Space Station, Inc. will post -3.37 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on GEMI. Rosenblatt Securities reaffirmed a “buy” rating and set a $9.00 price objective on shares of Gemini Space Station in a research report on Monday, May 18th. Truist Financial dropped their target price on shares of Gemini Space Station from $5.00 to $4.50 and set a “hold” rating on the stock in a research report on Friday. The Goldman Sachs Group cut their target price on shares of Gemini Space Station from $6.50 to $5.75 and set a “neutral” rating on the stock in a research note on Wednesday, April 8th. Weiss Ratings upgraded shares of Gemini Space Station from a “sell (e+)” rating to a “sell (d)” rating in a report on Friday, May 22nd. Finally, Citigroup decreased their price target 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. Three research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Gemini Space Station currently has a consensus rating of “Hold” and an average price target of $12.25.

View Our Latest Research Report on GEMI

About Gemini Space Station

(Free Report)

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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Institutional Ownership by Quarter for Gemini Space Station (NASDAQ:GEMI)

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