Insider Selling: Sphere 3D Corp. (NASDAQ:ANY) CEO Sells 20,000 Shares of Stock

Posted by Tech Dows on Dec 13th, 2024

Sphere 3D Corp. (NASDAQ:ANY – Get Free Report) CEO Patricia Trompeter sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $1.31, for a total value of $26,200.00. Following the completion of the transaction, the chief executive officer now directly owns 597,187 shares in the company, valued at $782,314.97. The trade was a 3.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Patricia Trompeter also recently made the following trade(s):

On Thursday, December 12th, Patricia Trompeter sold 10,000 shares of Sphere 3D stock. The shares were sold at an average price of $1.27, for a total transaction of $12,700.00.

Sphere 3D Trading Down 6.1 %

NASDAQ:ANY opened at $1.24 on Friday. The company has a fifty day moving average of $1.21 and a 200-day moving average of $1.07. Sphere 3D Corp. has a twelve month low of $0.67 and a twelve month high of $4.09.

Analyst Ratings Changes

A number of analysts have recently commented on ANY shares. HC Wainwright reissued a “buy” rating and issued a $3.00 price objective on shares of Sphere 3D in a research report on Monday, November 18th. StockNews.com lowered Sphere 3D from a “hold” rating to a “sell” rating in a research note on Tuesday, November 12th.

Read Our Latest Stock Analysis on ANY

Hedge Funds Weigh In On Sphere 3D

An institutional investor recently bought a new position in Sphere 3D stock. XTX Topco Ltd purchased a new position in Sphere 3D Corp. (NASDAQ:ANY – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 52,130 shares of the technology company’s stock, valued at approximately $56,000. XTX Topco Ltd owned approximately 0.28% of Sphere 3D at the end of the most recent quarter. Institutional investors own 17.28% of the company’s stock.

About Sphere 3D

(Get Free Report)

Sphere 3D Corp. engages in the bitcoin mining business. It is involved with digital asset mining pool operators to provide computing power to the mining pools. The company is based in Stamford, Connecticut.