40,003 Shares in Cleanspark, Inc. $CLSK Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new position in shares of Cleanspark, Inc. (NASDAQ:CLSK) in the first quarter, Holdings Channel.com reports. The institutional investor bought 40,003 shares of the company’s stock, valued at approximately $340,000.

A number of other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in Cleanspark by 80.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,779,062 shares of the company’s stock worth $78,731,000 after buying an additional 3,467,841 shares during the last quarter. Marex Group plc lifted its stake in Cleanspark by 23,812.2% during the 4th quarter. Marex Group plc now owns 5,400,561 shares of the company’s stock valued at $54,654,000 after acquiring an additional 5,377,976 shares during the period. Invesco Ltd. lifted its stake in Cleanspark by 22.1% during the 3rd quarter. Invesco Ltd. now owns 4,482,527 shares of the company’s stock valued at $64,997,000 after acquiring an additional 810,203 shares during the period. Tidal Investments LLC boosted its holdings in shares of Cleanspark by 13.3% in the 3rd quarter. Tidal Investments LLC now owns 4,366,437 shares of the company’s stock valued at $63,313,000 after acquiring an additional 514,062 shares during the last quarter. Finally, Voloridge Investment Management LLC purchased a new stake in shares of Cleanspark in the 3rd quarter valued at $56,056,000. Hedge funds and other institutional investors own 43.12% of the company’s stock.

Cleanspark News Roundup

Here are the key news stories impacting Cleanspark this week:

• Positive Sentiment: CleanSpark secured a 20-year lease for 175 MW of critical IT load at its Georgia campus, marking a major expansion into AI and high-performance computing infrastructure and creating a large, recurring revenue stream. PR Newswire release
• Positive Sentiment: The lease’s scale far exceeds CleanSpark’s market value, reinforcing the idea that the company is transitioning from a Bitcoin miner into a digital infrastructure landlord, which could justify a higher valuation multiple. Proactive Investors article
• Positive Sentiment: BTIG reaffirmed its Buy rating and raised its price target to $26, adding to the bullish reaction around the new AI/data center strategy. Street Insider article
• Neutral Sentiment: Unusual options activity showed heavy call buying, suggesting traders are positioning for more upside, but it does not by itself change the company’s fundamentals.
• Negative Sentiment: The new development strategy will require significant upfront capital and carries execution risk, including construction milestones and a long delay before revenue begins in 2027.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CLSK. HC Wainwright reissued a “buy” rating on shares of Cleanspark in a report on Tuesday. BTIG Research reaffirmed a “buy” rating and issued a $26.00 price target on shares of Cleanspark in a report on Tuesday. Keefe, Bruyette & Woods increased their price target on Cleanspark from $14.00 to $16.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Citizens Jmp initiated coverage on Cleanspark in a research report on Wednesday, June 24th. They set a “market outperform” rating and a $27.00 price target on the stock. Finally, Cantor Fitzgerald reduced their price objective on Cleanspark from $17.00 to $14.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $21.12.

Cleanspark Stock Performance

NASDAQ CLSK opened at $13.45 on Wednesday. The stock has a market capitalization of $3.45 billion, a price-to-earnings ratio of -6.40 and a beta of 3.83. The stock has a 50-day moving average of $15.35 and a 200 day moving average of $12.39. The company has a current ratio of 8.26, a quick ratio of 8.26 and a debt-to-equity ratio of 1.81. Cleanspark, Inc. has a twelve month low of $8.00 and a twelve month high of $23.61.

Cleanspark (NASDAQ:CLSK) last issued its quarterly earnings data on Monday, May 11th. The company reported ($1.52) EPS for the quarter, missing the consensus estimate of ($0.25) by ($1.27). The business had revenue of $136.41 million during the quarter, compared to analyst estimates of $145.35 million. Cleanspark had a negative net margin of 67.66% and a positive return on equity of 7.07%. The firm’s revenue for the quarter was down 24.9% on a year-over-year basis. During the same period in the previous year, the business posted ($0.49) earnings per share. Sell-side analysts anticipate that Cleanspark, Inc. will post -1.19 EPS for the current fiscal year.

Cleanspark Company Profile

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.