Insider Cluster (2 insiders) ·Filed May 6, 2026

CIFR

Cipher Digital Inc.
NEUTRAL
Impact 2/10
Horizonimmediate Processed4mo ago
Insider cluster: 2 insiders, $1.1M total
Actionable Insight • Neutral

Insider selling is routine at this size and does not warrant action. Watch for larger sales from C-suite or accelerating volume. The Q1 earnings release (3 days prior) already captured the bearish fundamentals.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d ⚠ clustered
CIFR ▲ +1.87% at T+60d
NEUTRAL call ✓ call won +1.87% · α vs SPY -0.19% · entry $21.91 → $22.32
Entry anchored
May 5, 07:08 PM ET
via exchange tick
T+1d
-5.59%
call -5.59% · α -5.26%
$20.69
settled 5mo ago
T+5d
-8.44%
call -8.44% · α -9.57%
$20.06
settled 5mo ago
T+20d
+19.76%
call +19.76% · α +16.98%
$26.24
settled 4mo ago
T+60d
+1.87%
call +1.87% · α -0.19%
$22.32
settled 2mo ago

Price Chart

Loading chart...

Executive Summary

Two directors sold a combined $1.06M in open-market sales, a trivial 0.012% of CIFR's $8.5B market cap. The sales occurred just after a bearish Q1 earnings release (revenue down 29% YoY, net loss widened), but the dollar amount is too small to indicate material insider concern.

Key Financial Metrics

Direction
selling
Total Value
$1.1M
Insiders
2

Key Facts

  • Directors Cary M. Grossman and Wesley Hastie Williams sold 48,169 shares total for $1.06M
  • All sales were open-market, collectively 0.012% of market cap
  • Cluster follows Q1 2026 earnings: revenue $34.8M (-29% YoY), net loss $114.3M
  • No C-suite insiders traded

Financial Impact

Sales of $1.06M represent negligible 0.012% of $8.5B market cap

Risk Factors

  • Further insider selling if more insiders follow
  • Continued bitcoin mining revenue decline and transition to data center developer model

Market Snapshot

Exchange
Nasdaq
Sector
Finance Services
Analyst Consensus
91% bullish (22 analysts)

Investment Themes

Crypto & Blockchain

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-CIFR-1778273271670
15 reports for CIFR
Performance horizon
100% Hit rate 9 of 9 directional calls best @ T+60▲ +77.39%Mar 25, 2026
Filters
Rows
Reports for CIFR — sortable, filterable
TypeNow
Aug 4, 2026
8w ago
8-K
BEARISH ★ 6/10
$20.38 $14.61▲ +28.31%▲ +27.07%$15.54 (+23.75%)
Jun 18, 2026
15w ago
144
NEUTRAL ★ 2/10
$29.18 $17.72▼ −39.27%▼ −39.81%$15.54 (−46.74%)
Jun 16, 2026
15w ago
144
BEARISH ★ 5/10
$26.35 $17.72▲ +32.75%▲ +34.07%$15.54 (+41.02%)
Jun 8, 2026
16w ago
8-K
BULLISH ★ 7/10
$24.29 $21.73▼ −10.54%▼ −12.17%$15.54 (−36.02%)
May 14, 2026
20w ago
Insider Cluster
BEARISH ★ 6/10
$20.33 $26.03▼ −28.04%▼ −25.92%$15.54 (+23.56%)
May 6, 2026
21w ago
Insider Cluster
BEARISH ★ 5/10
$21.91 $26.24▼ −19.76%▼ −16.98%$15.54 (+29.07%)
May 6, 2026
21w ago
Insider Cluster
BEARISH ★ 5/10
$21.91 $26.24▼ −19.76%▼ −16.98%$15.54 (+29.07%)
May 6, 2026
21w ago
Insider Cluster
NEUTRAL ★ 2/10
$21.91 $26.24▲ +19.76%▲ +16.98%$15.54 (−29.07%)
May 5, 2026
21w ago
8-K
BEARISH ★ 7/10
$22.10 $26.29▼ −18.96%▼ −14.01%$15.54 (+29.68%)
May 5, 2026
21w ago
Press Release
MIXED ★ 7/10
$22.10 $26.29▲ +18.96%▲ +14.01%$15.54 (−29.68%)
Showing 10 of 15

US Market Status

Market Open — Closes in 44m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access
Report published May 8, 2026