Sphere 3D Corp. (NASDAQ:ANY) CEO Patricia Trompeter Sells 10,000 Shares

Sphere 3D Corp. (NASDAQ:ANY) CEO Patricia Trompeter sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $1.27, for a total transaction of $12,700.00. Following the completion of the transaction, the chief executive officer now directly owns 567,187 shares in the company, valued at approximately $720,327.49. The trade was a 1.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Tuesday, December 10th, Patricia Trompeter sold 20,000 shares of Sphere 3D stock. The stock was sold at an average price of $1.31, for a total transaction of $26,200.00.

Sphere 3D Trading Down 6.1 %

NASDAQ ANY traded down $0.08 on Thursday, reaching $1.24. 873,986 shares of the stock were exchanged, compared to its average volume of 769,729. Sphere 3D Corp. has a one year low of $0.67 and a one year high of $4.09. The firm has a market capitalization of $26.34 million, a PE ratio of -1.55 and a beta of 2.91. The company’s 50-day simple moving average is $1.21 and its two-hundred day simple moving average is $1.07.

Institutional Trading of 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) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. 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 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 17.28% of the company’s stock.

Analysts Set New Price Targets

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

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.