Cleanspark Inc (NASDAQ: CLSK) is 4.45% higher on its value in year-to-date trading and has touched a low of $6.45 and a high of $20.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CLSK stock was last observed hovering at around $9.20 in the last trading session, with the day’s gains setting it 0.42%.
Currently trading at $9.62, the stock is 15.07% and 19.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 33.35 million and changing 4.57% at the moment leaves the stock -8.62% off its SMA200. CLSK registered -41.84% loss for a year compared to 6-month loss of -8.90%.
The stock witnessed a 34.92% gain in the last 1 month and extending the period to 3 months gives it a -13.95%, and is 18.91% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.55% over the week and 7.39% over the month.
Cleanspark Inc (CLSK) has around 270 employees, a market worth around $2.70B and $537.40M in sales. Fwd P/E is 13.14. Profit margin for the company is -36.39%. Distance from 52-week low is 49.10% and -53.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.72%).
The EPS is expected to grow by 190.74% this year.
Cleanspark Inc (CLSK) Top Institutional Holders
The shares outstanding are 280.90M, and float is at 272.37M with Short Float at 31.87%.
The top institutional shareholder in the company is BLACKROCK INC. with over 18.07 million shares valued at $288.14 million. The investor’s holdings represent 7.9011% of the CLSK Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 15.74 million shares valued at $251.02 million to account for 6.8833 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 7.12 million shares representing 3.1156% and valued at over $113.62 million, while STATE STREET CORP holds 2.5423 of the shares totaling 5.81 million with a market value of $92.71 million.
Cleanspark Inc (CLSK) Insider Activity
The most recent transaction is an insider sale by Wood Thomas Leigh, the company’s Director. SEC filings show that Wood Thomas Leigh sold 44,444 shares of the company’s common stock on Mar 24 ’25 at a price of $8.04 per share for a total of $0.36 million. Following the sale, the insider now owns 0.13 million shares.
Still, SEC filings show that on Mar 24 ’25, Cavaleri Amanda (Director) disposed off 13,000 shares at an average price of $7.97 for $0.1 million. The insider now directly holds 140,289 shares of Cleanspark Inc (CLSK).
