Cleanspark (NASDAQ:CLSK) COO Taylor Monnig Sells 4,513 Shares of Stock

Cleanspark, Inc. (NASDAQ:CLSK) COO Taylor Monnig sold 4,513 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $12.61, for a total value of $56,908.93. Following the sale, the chief operating officer directly owned 258,969 shares of the company’s stock, valued at $3,265,599.09. This represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Taylor Monnig also recently made the following trade(s):

• On Tuesday, September 8th, Taylor Monnig sold 25,249 shares of Cleanspark stock. The stock was sold at an average price of $13.34, for a total transaction of $336,821.66.
• On Friday, August 14th, Taylor Monnig sold 54 shares of Cleanspark stock. The stock was sold at an average price of $11.51, for a total transaction of $621.54.

Cleanspark Trading Down 1.5%

Shares of NASDAQ CLSK opened at $13.28 on Thursday. Cleanspark, Inc. has a twelve month low of $8.00 and a twelve month high of $23.61. The company has a quick ratio of 2.11, a current ratio of 5.91 and a debt-to-equity ratio of 2.34. The business has a fifty day simple moving average of $12.90 and a two-hundred day simple moving average of $12.84. The firm has a market cap of $3.41 billion, a PE ratio of -3.52 and a beta of 3.84.

Cleanspark (NASDAQ:CLSK) last released its quarterly earnings data on Thursday, August 6th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.47) by ($0.42). Cleanspark had a negative net margin of 146.90% and a negative return on equity of 18.63%. The firm had revenue of $138.01 million during the quarter, compared to the consensus estimate of $142.37 million. During the same quarter in the previous year, the firm earned $0.90 earnings per share. The business’s revenue was down 30.5% compared to the same quarter last year. Analysts expect that Cleanspark, Inc. will post -1.4 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CLSK. CoreCap Advisors LLC boosted its stake in Cleanspark by 16.8% in the second quarter. CoreCap Advisors LLC now owns 5,565 shares of the company’s stock valued at $81,000 after acquiring an additional 800 shares in the last quarter. KBC Group NV increased its position in shares of Cleanspark by 10.7% during the first quarter. KBC Group NV now owns 8,574 shares of the company’s stock worth $73,000 after purchasing an additional 828 shares in the last quarter. Cresset Asset Management LLC lifted its holdings in shares of Cleanspark by 4.9% during the 2nd quarter. Cresset Asset Management LLC now owns 26,924 shares of the company’s stock valued at $297,000 after purchasing an additional 1,248 shares during the last quarter. CreativeOne Wealth LLC boosted its position in shares of Cleanspark by 11.0% in the 3rd quarter. CreativeOne Wealth LLC now owns 16,893 shares of the company’s stock worth $245,000 after purchasing an additional 1,680 shares in the last quarter. Finally, Markowski Investments acquired a new stake in shares of Cleanspark in the 2nd quarter worth $25,000. Institutional investors own 43.12% of the company’s stock.

Key Headlines Impacting Cleanspark

Here are the key news stories impacting Cleanspark this week:

• Positive Sentiment: CleanSpark received conditional ERCOT classifications covering 885 megawatts across its Texas sites. The company also secured 585 MW of baseload capacity for its Batch Zero project, supporting its strategy to expand from Bitcoin mining into high-performance data-center infrastructure. The classifications remain conditional and subject to ERCOT’s regulatory process. CleanSpark receives conditional ERCOT classifications for 885 MW in Texas CleanSpark secures 585MW baseload for Batch Zero project
• Positive Sentiment: In its August operational update, CleanSpark reported producing 593 Bitcoin during the month and said construction continues at its Sandersville campus. The company also cited approximately $6.6 billion in contracted revenue, which could improve long-term growth visibility if its data-center plans are executed successfully. CleanSpark Releases August 2026 Operational Update
• Neutral Sentiment: Reports noted that CleanSpark held 13,703 BTC after August production, but its holdings declined because of Bitcoin sales. The sales may provide liquidity for expansion, though they reduce exposure to potential Bitcoin-price gains. CleanSpark produces 593 Bitcoins in August
• Neutral Sentiment: A Zacks article discussed Wall Street’s generally favorable view of CLSK, but it did not identify a major new rating change or estimate revision, making the immediate trading impact likely limited. Wall Street Analysts Think CleanSpark Is a Good Investment
• Negative Sentiment: COO Taylor Monnig disclosed sales totaling approximately 29,762 shares worth about $394,000 across September 4 and September 8. The transactions reduced his direct holdings and may weigh on sentiment, although he still owns a substantial position. SEC insider ownership filing

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. B. Riley Financial upped their price target on shares of Cleanspark from $19.00 to $26.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Zacks Research raised shares of Cleanspark from a “strong sell” rating to a “hold” rating in a research note on Friday, July 10th. Chardan Capital restated a “buy” rating and set a $21.00 target price on shares of Cleanspark in a report on Monday, August 10th. Keefe, Bruyette & Woods increased their target price on Cleanspark from $16.00 to $25.00 and gave the company an “outperform” rating in a research report on Tuesday, July 28th. Finally, Citigroup started coverage on Cleanspark in a report on Wednesday, June 24th. They issued an “outperform” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.88.

About Cleanspark

CleanSpark, Inc (NASDAQ: CLSK) is a leading energy software and services company specializing in advanced microgrid controls and distributed energy resource (DER) management. The firm develops proprietary software platforms designed to optimize power flows across on-grid and off-grid installations, integrating renewable generation, battery storage, and traditional generation assets. CleanSpark’s technology is used by utilities, commercial and industrial enterprises, and remote facilities seeking to enhance energy resilience, reduce operating costs, and achieve sustainability goals.

In addition to its core software offerings, CleanSpark provides end-to-end engineering, procurement and construction (EPC) services.