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 Greenidge Generation stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $0.80, for a total value of $23,116.00. Following the sale, the chief executive officer now directly owns 123,308 shares in the company, valued at $98,646.40. The trade was a 18.98 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Greenidge Generation Stock Performance

Shares of NASDAQ GREE opened at $0.82 on Friday. The firm has a 50 day moving average price of $1.11 and a two-hundred day moving average price of $1.74. Greenidge Generation Holdings Inc. has a 52-week low of $0.73 and a 52-week high of $3.84.

Institutional Trading of Greenidge Generation

An institutional investor recently bought a new position in Greenidge Generation stock. Soviero Asset Management LP purchased a new stake in 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. The fund purchased 251,147 shares of the company’s stock, valued at approximately $389,000. Soviero Asset Management LP owned about 2.25% of Greenidge Generation at the end of the most recent quarter. 8.50% of the stock is owned by institutional investors and hedge funds.

Greenidge Generation Company Profile

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.