Cipher Digital's Co-President William Iwaschuk Sells Shares
Insider sale by William Iwaschuk as Cipher Digital trades near $26.93.
Key Points
- William Iwaschuk, Co-President of Cipher Digital Inc., sold 92,167 shares worth about $2.4 million on June 16, 2026.
- Cipher Digital has a market cap of approximately $10.65 billion, a forward P/E of 38.85, and a 52-week high of $28.62.
- Morgan Stanley maintained its 'buy' rating on Cipher Digital with a price target of $48.5 as of June 4, 2026.
William Iwaschuk, Co-President and Chief Legal Officer of Cipher Digital Inc. (NasdaqGS: CIFR), sold 92,167 shares of the company on June 16, 2026. The shares were sold at an average price of $26.03 each, amounting to a total transaction value of approximately $2.4 million. This insider transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Cipher Digital Inc.
On June 16, 2026, William Iwaschuk sold 92,167 shares at $26.03 each. On the same day, CEO Tyler Page and Co-President Patrick Arthur Kelly also sold shares. Earlier, on June 14, 2026, Tyler Page acquired 333,334 shares, while both Iwaschuk and Kelly each bought 166,667 shares.
Other Institutional Activity in Cipher Digital
Among Cipher Digital's institutional investors, BlackRock, Inc. increased its holdings by 307,789 shares, reaching a total of 28,462,858 shares valued at around $366.3 million. D. E. Shaw & Co., Inc. boosted its stake by 1,000,518 shares to 16,388,535 shares, worth approximately $210.9 million. Conversely, Jane Street Group, LLC reduced its position by 4,992,701 shares, leaving it with 11,428,614 shares valued at $147.1 million.
Cipher Digital Stock Snapshot
Cipher Digital's shares recently traded near $26.93. The company has a market capitalization of about $10.65 billion and a forward P/E ratio of 38.85. The stock's beta is 3.203, indicating higher volatility. Over the past 52 weeks, the stock has ranged from a low of $3.29 to a high of $28.62. It has a 50-day moving average of $20.36 and a 200-day moving average of $16.92.
Analysts Set New Price Targets
On June 4, 2026, Morgan Stanley maintained its 'buy' rating on Cipher Digital, setting a price target of $48.5. The consensus among analysts is a 'strong buy' with a mean target price of $32.0, based on 16 analyst opinions.
About Cipher Digital
Cipher Digital Inc. is a technology company based in New York, NY, specializing in developing and operating large-scale data centers for bitcoin mining and high-performance computing (HPC) hosting. Founded in 2021, the company serves hyperscaler tenants across various sites and is led by CEO Rodney Tyler Page. Cipher Digital employs 66 people and was formerly known as Cipher Mining Inc., rebranding in February 2026.
Bottom Line
William Iwaschuk's recent share sale is a notable insider transaction at Cipher Digital Inc., a company known for its involvement in bitcoin mining and HPC hosting. The company's stock has seen significant volatility, with a high beta and a wide 52-week trading range. Investors and analysts continue to keep a close eye on Cipher Digital, with a generally positive outlook reflected in recent analyst ratings.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.