Cipher Digital (CIFR) is down 4.1% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is investor digestion of Cipher’s latest financing, which added another large layer of project debt to fund its Stingray AI data center build. The pullback may also reflect profit-taking after a strong run in AI-linked bitcoin miners, especially since broader crypto conditions in June have remained volatile.
Details:
Cipher said on May 5 that it had signed a third AI data center campus lease, kept Barber Lake and Black Pearl on schedule, and closed a revolving credit facility of up to $200 million.On June 8, the company disclosed that its Stingray Compute subsidiary priced $810 million of 6.0% senior secured notes due 2031, with proceeds earmarked for the Stingray facility and related project costs.The new notes are secured at the project level, which helps fund expansion but also increases leverage and can pressure sentiment when investors shift focus from growth to balance-sheet risk.This could also be because traders are rotating out of recent AI infrastructure winners; bitcoin mining economics have been under pressure in June even as some operators pivot toward HPC and data center leasing.Sources:
Cipher Digital, SEC, The Block
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$CIFR Insider Trading Activity
$CIFR insiders have traded $CIFR stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $CIFR stock by insiders over the last 6 months:
- HOLDING LTD V3 has made 0 purchases and 5 sales selling 3,000,000 shares for an estimated $78,499,301.
- PATRICK ARTHUR KELLY (Co-President and COO) has made 0 purchases and 4 sales selling 154,704 shares for an estimated $2,645,791.
- JAMES E NEWSOME has made 0 purchases and 3 sales selling 52,261 shares for an estimated $880,845.
- TYLER PAGE (Chief Executive Officer) sold 37,500 shares for an estimated $604,125
- CARY M GROSSMAN sold 30,000 shares for an estimated $436,200
- WESLEY HASTIE WILLIAMS sold 14,567 shares for an estimated $311,879
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$CIFR Hedge Fund Activity
We have seen 228 institutional investors add shares of $CIFR stock to their portfolio, and 193 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- D. E. SHAW & CO., INC. added 11,417,787 shares (+287.6%) to their portfolio in Q4 2025, for an estimated $168,526,536
- SITUATIONAL AWARENESS LP removed 10,469,093 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $134,737,226
- VANGUARD GROUP INC added 9,865,533 shares (+43.2%) to their portfolio in Q4 2025, for an estimated $145,615,267
- VOLORIDGE INVESTMENT MANAGEMENT, LLC removed 5,512,503 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $70,945,913
- JANE STREET GROUP, LLC removed 4,992,701 shares (-30.4%) from their portfolio in Q1 2026, for an estimated $64,256,061
- JANUS HENDERSON GROUP PLC added 4,180,362 shares (+3718.3%) to their portfolio in Q4 2025, for an estimated $61,702,143
- VALUE ALIGNED RESEARCH ADVISORS, LLC added 3,554,111 shares (+47.7%) to their portfolio in Q1 2026, for an estimated $45,741,408
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$CIFR Analyst Ratings
Wall Street analysts have issued reports on $CIFR in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 05/06/2026
- BTIG issued a "Buy" rating on 05/06/2026
To track analyst ratings and price targets for $CIFR, check out Quiver Quantitative's $CIFR forecast page.
$CIFR Price Targets
Multiple analysts have issued price targets for $CIFR recently. We have seen 9 analysts offer price targets for $CIFR in the last 6 months, with a median target of $30.0.
Here are some recent targets:
- Stephen Byrd from Morgan Stanley set a target price of $48.5 on 06/04/2026
- John Todaro from Needham set a target price of $25.0 on 05/15/2026
- Jonathan Petersen from Jefferies set a target price of $32.0 on 05/14/2026
- Stephen Glagola from Keefe, Bruyette & Woods set a target price of $27.0 on 05/07/2026
- Chris Brendler from Rosenblatt set a target price of $30.0 on 05/06/2026
- Paul Golding from Macquarie set a target price of $35.0 on 05/06/2026
- Gregory Lewis from BTIG set a target price of $25.0 on 05/06/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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Cipher Digital Slides as Investors Weigh New Debt Load Against HPC Buildout
Cipher Digital (CIFR) is down 4.1% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is investor digestion of Cipher’s latest financing, which added another large layer of project debt to fund its Stingray AI data center build. The pullback may also reflect profit-taking after a strong run in AI-linked bitcoin miners, especially since broader crypto conditions in June have remained volatile.
Details:
Sources:
Cipher Digital, SEC, The Block
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$CIFR Insider Trading Activity
$CIFR insiders have traded $CIFR stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $CIFR stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CIFR Hedge Fund Activity
We have seen 228 institutional investors add shares of $CIFR stock to their portfolio, and 193 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$CIFR Analyst Ratings
Wall Street analysts have issued reports on $CIFR in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
To track analyst ratings and price targets for $CIFR, check out Quiver Quantitative's $CIFR forecast page.
$CIFR Price Targets
Multiple analysts have issued price targets for $CIFR recently. We have seen 9 analysts offer price targets for $CIFR in the last 6 months, with a median target of $30.0.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »