Cipher Digital (CIFR) COO Arthur Sells $2.2M of Stock
Co-President and COO Patrick Arthur Kelly parted with 85,084 shares of Cipher Digital Inc. stock in a mid-June transaction.
Reviewed by automated data checks against the source filing. How we make and check alerts
Kelly Patrick Arthur, Co-President and COO at Cipher Digital Inc. ($CIFR), sold 85,084 shares at an average price of $26.03, worth about $2.21 million, on June 16, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $CIFR is up 5.5% after 1 week, down 32.4% after 1 month and down 65.7% to date (from the $26.21 close on Jun 16, 2026).
CIFR
Cipher Digital Inc.
Key Points
- Cipher Digital Inc. Co-President and COO Patrick Arthur Kelly sold 85,084 shares of CIFR stock on June 16, 2026, at an average price of $26.03.
- The transaction brought in roughly $2.21 million, following parallel sales by other top executives at the data center and bitcoin mining firm.
- Cipher Digital stock trades near $27.08, resting comfortably above its 50-day moving average of $16.27 amid broad analyst coverage.
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Executive Insider Sales at Cipher Digital Inc.
Cipher Digital Inc. (NasdaqGS: CIFR) saw executive insider activity on June 16, 2026, when Co-President and COO Patrick Arthur Kelly sold 85,084 shares of company stock. The transaction took place at a price of $26.03 per share, resulting in a total value of $2,214,736.52. This sale followed similar insider moves by other top leaders at the digital infrastructure firm on the same day.
Recent Insider Activity and Leadership Trades
The June 16 transactions included multiple top executives cashing in portions of their holdings. Chief Executive Officer Tyler Page sold 170,168 shares for a total of $4,429,473.04. At the same time, Co-President and CLO William Iwaschuk parted with 92,167 shares worth approximately $2,399,107.01. All these trades were executed at the same $26.03 share price.
CIFR Stock Price and Market Standing
Cipher Digital shares traded hands around $27.08 recently, reflecting strong momentum over the past year with the stock sitting closer to its 52-week high of $30.14 than its low of $8.79. The company's 50-day moving average sits at $16.27, while the 200-day moving average rests at $18.23. The firm carries a market capitalization of roughly $4.17 billion and a 3.21 beta, indicating typical share price swings compared to the broader market.
Analysts Set New Price Targets
Wall Street firms have kept a close eye on Cipher Digital, with a consensus recommendation of strong buy across 22 analyst opinions and a mean price target of $29.95. On October 16, 2026, Cantor Fitzgerald maintained its Overweight rating with a $19 target. Earlier, on October 12, 2026, Morgan Stanley kept an Overweight rating and set a $51.50 target. UBS initiated coverage on September 23, 2026, with a Buy rating and a $23 target, while Rothschild & Co started coverage on September 21, 2026, with a Neutral rating and an $18 target.
What Cipher Digital Does
Based in New York, Cipher Digital builds and runs industrial-scale data centers designed for high-performance computing hosting and bitcoin mining in the United States. The company develops facilities for large hyperscaler tenants and operates power infrastructure. Formerly known as Cipher Mining, the business rebranded in February 2026 to better reflect its expanding focus on digital infrastructure.
What's Ahead for Cipher Digital Inc.
Investors will watch for the company's next earnings report scheduled for November 2, 2026, to gauge progress on its HPC hosting pipeline and data center operations. Insider transactions are routine parts of executive compensation and portfolio management, and do not necessarily signal a change in business direction.
Related Filing Alerts
Source: Kelly Patrick Arthur's Form 4 filing on $CIFR (Jun 16, 2026). Find the original filing: CIFR Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts