Insider Selling: Sphere 3D Corp. (NASDAQ:ANY) CEO Sells $26,200.00 in Stock

Sphere 3D Corp. (NASDAQ:ANY) CEO Patricia Trompeter sold 20,000 shares of the stock in a transaction 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 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 position. The transaction was disclosed in a filing with the SEC, which is accessible 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 stock was sold at an average price of $1.27, for a total value of $12,700.00.

Sphere 3D Price Performance

Shares of ANY stock opened at $1.22 on Friday. Sphere 3D Corp. has a 1-year low of $0.67 and a 1-year high of $4.09. The stock’s 50-day moving average is $1.22 and its 200 day moving average is $1.07. The company has a market cap of $25.91 million, a P/E ratio of -1.52 and a beta of 2.91.

Institutional Investors Weigh In On Sphere 3D

An institutional investor recently bought a new position in Sphere 3D stock. XTX Topco Ltd acquired a new stake in shares of Sphere 3D Corp. (NASDAQ:ANY) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 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 reporting period. 17.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Sphere 3D Company Profile

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.