Cipher Mining Director Sells 25,000 Shares for $475,000 Amid Stock Pullback
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: Fool
- Sale Transaction: On November 26, 2025, Cipher Mining Director Cary M. Grossman sold 25,000 shares at $19 each for a total of $475,000, resulting in an 11.08% reduction in his direct holdings, indicating a significant decrease in his stake.
- Historical Comparison: This sale marks the smallest open-market transaction Grossman has reported since February 2024, well below his historical median of 65,000 shares, reflecting a cautious outlook on the company's future, especially after a 240.10% annual price increase.
- Market Context: At the time of Grossman's sale, Cipher Mining's stock had pulled back approximately 25% from its early November peak, suggesting market sensitivity to price fluctuations that could impact investor confidence.
- Company Transformation: Cipher Mining is pivoting from pure Bitcoin mining to high-performance computing and AI infrastructure hosting, with a significant $5.5 billion lease agreement with Amazon Web Services expected to drive future growth, although stock volatility remains tied to Bitcoin price movements.
Analyst Views on CIFR
Wall Street analysts forecast CIFR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIFR is 24.54 USD with a low forecast of 13.00 USD and a high forecast of 34.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
13 Buy
1 Hold
0 Sell
Strong Buy
Current: 14.590
Low
13.00
Averages
24.54
High
34.00
Current: 14.590
Low
13.00
Averages
24.54
High
34.00
About CIFR
Cipher Mining Inc. is focused on the development and operation of industrial-scale data centers for bitcoin mining and high-performance computing (HPC) hosting. The Company operates two wholly owned bitcoin mining data centers, a 207 megawatts (MW) site located in Odessa, Texas that draws fixed priced power from a power purchase agreement with its electricity provider (the Odessa Facility), and a 300 MW data center in Wink, Texas, of which 150 MW is operational as a bitcoin mining data center, that draws power from the power grid (the Black Pearl Facility), and has equity investments in three partially-owned 40 MW bitcoin mining data centers. Its development pipeline totals approximately 3.4 gigawatts (GW) across eight sites. The Odessa Facility is an approximately 52-acre site, located next to a natural gas power production facility. Through a subsidiary, it is in the process of constructing a data center for HPC near Colorado City, Texas (the Barber Lake Facility).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
