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

Greenidge Generation Holdings Inc. (NASDAQ:GREE) CEO Jordan Kovler sold 28,895 shares of the business’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $0.80, for a total value of $23,116.00. Following the completion of the sale, the chief executive officer now owns 123,308 shares of the company’s stock, valued at approximately $98,646.40. This trade represents a 18.98 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Greenidge Generation Stock Down 4.2 %

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

Hedge Funds Weigh In On Greenidge Generation

A hedge fund recently bought a new stake in Greenidge Generation stock. Soviero Asset Management LP bought a new position in shares of Greenidge Generation Holdings Inc. (NASDAQ:GREE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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 quarter. Hedge funds and other institutional investors own 8.50% of the company’s stock.

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.