14 hours Ago By ABMN Staff
CleanSpark, Inc. ( NASDAQ:CLSK – Get Free Report )’s share price traded up 3.5% during trading on Tuesday .
The stock traded as high as $10.75 and last traded at $10.62.
8,359,146 shares traded hands during trading, a decline of 74% from the average session volume of 31,639,594 shares. The stock had previously closed at $10.26.
Wall Street Analysts Forecast Growth CLSK has been the subject of a number of research reports. Macquarie increased their target price on shares of CleanSpark from $20.00 to $24.
00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th. Cantor Fitzgerald restated an “overweight” rating and issued a $23.00 target price on shares of CleanSpark in a research note on Thursday, October 3rd.
HC Wainwright reiterated a “buy” rating and set a $27.00 price target on shares of CleanSpark in a research report on Tuesday, December 3rd. Finally, JPMorgan Chase & Co.
raised CleanSpark from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $10.50 to $17.00 in a report on Tuesday, December 10th.
Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $23.17. Read Our Latest Stock Report on CLSK CleanSpark Price Performance Institutional Inflows and Outflows A number of institutional investors have recently made changes to their positions in CLSK.
Bank of New York Mellon Corp raised its stake in CleanSpark by 32.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 871,793 shares of the company’s stock valued at $13,905,000 after purchasing an additional 215,124 shares during the last quarter.
Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in CleanSpark by 13.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 44,617 shares of the company’s stock valued at $712,000 after buying an additional 5,347 shares during the period.
Principal Financial Group Inc. raised its stake in shares of CleanSpark by 33.0% in the 2nd quarter.
Principal Financial Group Inc. now owns 29,937 shares of the company’s stock valued at $477,000 after buying an additional 7,426 shares in the last quarter. United Capital Management of KS Inc.
boosted its position in shares of CleanSpark by 48.7% during the 2nd quarter. United Capital Management of KS Inc.
now owns 22,949 shares of the company’s stock valued at $366,000 after acquiring an additional 7,511 shares in the last quarter. Finally, Van ECK Associates Corp lifted its stake in CleanSpark by 21.5% during the second quarter.
Van ECK Associates Corp now owns 969,896 shares of the company’s stock worth $15,470,000 after purchasing an additional 171,627 shares during the period. 43.12% of the stock is owned by institutional investors.
About CleanSpark ( Get Free Report ) CleanSpark, Inc operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion.
The company was formerly known as Stratean Inc and changed its name to CleanSpark, Inc in November 2016. Recommended Stories Receive News & Ratings for CleanSpark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CleanSpark and related companies with MarketBeat.com's FREE daily email newsletter .
.
