Greenidge Generation Holdings Inc. (NASDAQ:GREE) CEO Jordan Kovler Sells 28,895 Shares

Greenidge Generation Holdings Inc. (NASDAQ:GREE) CEO Jordan Kovler sold 28,895 shares of the business’s stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $0.80, for a total transaction of $23,116.00. Following the transaction, the chief executive officer now owns 123,308 shares in the company, valued at approximately $98,646.40. The trade was a 18.98 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Greenidge Generation Price Performance

GREE stock opened at $0.82 on Friday. Greenidge Generation Holdings Inc. has a twelve month low of $0.73 and a twelve month high of $3.84. The business’s 50-day simple moving average is $1.11 and its 200 day simple moving average is $1.74.

Institutional Trading of Greenidge Generation

A hedge fund recently bought a new stake in Greenidge Generation stock. Soviero Asset Management LP purchased a new position in shares of Greenidge Generation Holdings Inc. (NASDAQ:GREE) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 251,147 shares of the company’s stock, valued at approximately $389,000. Soviero Asset Management LP owned approximately 2.25% of Greenidge Generation at the end of the most recent reporting period. Institutional investors and hedge funds own 8.50% of the company’s stock.

About Greenidge Generation

Greenidge Generation Holdings Inc operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenter in New York, as well as hosts, powers, and provides technical support and other related services to bitcoin mining equipment owned by customers.