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Cipher Digital Inc. Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest was filed 12 Sept 2022.
Cipher Digital Inc.: what insiders have been doing
Every trade that managers of Cipher Digital Inc. disclose to SEC (Form 4) is tracked on this page. The company sits in the Technology sector. 15 insiders have disclosed 109 filings since 18 October 2025.
No insider bought on the market over the period, while 8 insiders filed 28 sales totalling €82.7M. The amount is not disclosed for 2 filings. One trade stands out by size: a sale of €25.9M from V3 Holding Ltd, disclosed on 4 June 2026, or 0.45% of market capitalisation.
Across the 5,458 companies tracked on its exchange, the median is 22 filings; at 109 filings, this issuer sits above that mark. Over the whole record (from 2021), the tally stands at 1 purchase and 84 sales. For the fiscal year to 31 December 2025, the annual 10-K puts revenue at 223.9 m USD and net income at -822.2 m USD.
Filings reach the SEC (Form 4) feed a median of 2 days after the trade. US insiders must file a Form 4 within two business days of a trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives.
Elsewhere in the same sector, our signals recently picked up insider purchases at Gitlab Inc. and Baozun Inc. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Insider Decl.
275
Thresholds
n/a
Buy Volume
€35,675
1 ops. · all time
Sell Volume
€305M
84 ops. · all time
Who traded when
BuySaleV3 Holding Ltd24 sales
Bitfury Top HoldCo B.V.10 sales
Patrick Arthur Kelly10 sales
Cary M. Grossman5 sales
James E. Newsome5 sales
Tyler Page3 sales
+3 other insiders
Since the insiders bought
- +79.4%Entry US$1.60 · Close at T+365 US$2.87
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate Cipher Digital Inc. Strong Buy (bullish), based on 21 analysts. Average price target: US$30.14.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 22,872 of 24,148 companies
16.2
score / 100
Value11
Quality22
FCF yld-17%
Earn yld-20%
EV/EBITDA·
ROE-167%
Gross mgn28%
Net mgn·
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$9.94
Analyst consensus
21 analystsStrong buy
US$18.00Target US$30.14(+203%)US$59.00
Income statement
RevenueUS$223.9M
Gross profitUS$63.6M28% margin
EBITDA-US$588.4M-263% margin
Net income-US$822.2M-367.2% margin
Valuation
PER (forward)59.0x
P/Book7.3x
Beta3.21
Balance sheet & cash
Market capUS$4.1B
Total debtUS$2.8B
Free Cash Flow-US$702.2M
Debt / Equity951%
Profitability & ownership
ROE-167.5%
ROA-0.8%
% insiders3.6%
% institutions94.9%
Last declaration on 15 October 2026
Declarations275 total
125,000 sharesCommon StockSEC:0002090886-26-000012:0
67,768 shares@ US$9.940.016% mcap77.4% of flowCommon StockSEC:0002090886-26-000012:1
33,967 sharesCommon StockSEC:0001887616-26-000024:0
29,611 sharesCommon StockSEC:0001887616-26-000024:2
76,427 sharesCommon StockSEC:0001887616-26-000024:4
17,109 sharesCommon StockSEC:0002090886-26-000010:0
33,967 sharesCommon StockSEC:0001887627-26-000012:0
29,611 sharesCommon StockSEC:0001887627-26-000012:2
76,427 sharesCommon StockSEC:0001887627-26-000012:4
113,225 sharesCommon StockSEC:0001887623-26-000021:0
105,285 sharesCommon StockSEC:0001887623-26-000021:2
254,756 sharesCommon StockSEC:0001887623-26-000021:4
17,341 shares@ US$15.830.0042% mcap8.3% of flowCommon StockSEC:0001887616-26-000024:1
15,117 shares@ US$15.830.0037% mcap7.2% of flowCommon StockSEC:0001887616-26-000024:3
39,016 shares@ US$15.830.0095% mcap18.6% of flowCommon StockSEC:0001887616-26-000024:5
6,895 shares@ US$15.830.0017% mcap54.9% of flowCommon StockSEC:0002090886-26-000010:1
18,784 shares@ US$15.830.0046% mcap14.5% of flowCommon StockSEC:0001887627-26-000012:1
16,375 shares@ US$15.830.0040% mcap12.6% of flowCommon StockSEC:0001887627-26-000012:3
42,265 shares@ US$15.830.010% mcap32.5% of flowCommon StockSEC:0001887627-26-000012:5
57,802 shares@ US$15.830.014% mcap5.3% of flowCommon StockSEC:0001887623-26-000021:1
53,748 shares@ US$15.830.013% mcap5.0% of flowCommon StockSEC:0001887623-26-000021:3
130,053 shares@ US$15.830.032% mcap12.0% of flowCommon StockSEC:0001887623-26-000021:5
1,840,000 sharesCommon StockSEC:0001123292-26-001381:0
113,225 sharesCommon StockSEC:0001887623-26-000019:0
33,967 sharesCommon StockSEC:0001887616-26-000022:0
25 of 275 declarations
About Cipher Digital Inc.
Cipher Digital Inc. (NASDAQ: CIFR) is a United States–based, NYSE/NASDAQ-style listed public company trading on the NASDAQ market and headquartered in New York, United States. Founded in 2021, the company was previously known as Cipher Mining Inc. and adopted the Cipher Digital name in February 2026 as part of a broader strategic repositioning. That rebrand is important for investors: it signals a transition away from a legacy bitcoin-mining identity toward a digital infrastructure platform focused on high-performance computing (HPC), large-scale data centers, and long-duration contracted cash flows. ([stockanalysis.com](https://stockanalysis.com/stocks/cifr/company/?utm_source=openai))
Cipher Digital’s core business is the development and operation of industrial-scale data centers engineered for next-generation computing workloads. The company emphasizes an integrated operating model that combines power sourcing, construction, engineering, operations, real estate, and technology. In practical terms, that means Cipher is trying to control the most critical inputs required to build and run hyperscale infrastructure: land, power, design, buildout, and long-term customer delivery. Management’s messaging suggests the business is now being positioned as an infrastructure enabler for HPC and, increasingly, AI-related compute demand rather than as a pure-play crypto miner. ([investors.cipherdigital.com](https://investors.cipherdigital.com/investors))
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From a competitive standpoint, Cipher Digital remains an emerging player, but it has a useful operational legacy. Its bitcoin-mining history gave the company experience in power procurement, large-scale site development, and running dense computing environments. Those capabilities matter in a market where access to inexpensive, reliable power and speed to capacity are major differentiators. The company is now aiming to monetize that capability set through long-term leases with best-in-class hyperscale customers, a model that could improve revenue visibility and better align the company with digital infrastructure peers. ([investors.cipherdigital.com](https://investors.cipherdigital.com/node/11161/pdf))
Recent corporate updates underline the scale of the shift. In its fourth-quarter and full-year 2025 business update, Cipher said the Black Pearl data center development remained on schedule and that engineering, procurement, and construction were underway. The same update highlighted the company’s strategic pivot and its focus on stable, long-duration cash flows. Cipher also continued to issue first-quarter 2026 business-update materials and announced participation in investor and industry conferences, indicating an active effort to communicate the new equity story to the market. Recent SEC filings also show ongoing Form 4 insider-transaction activity, which is relevant for investors tracking management ownership changes in a company undergoing strategic transformation. ([investors.cipherdigital.com](https://investors.cipherdigital.com/node/11161/pdf))
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