Kelly Patrick Arthur Sells Shares of Cipher Digital Inc.
The Co-President and COO sold 85,084 shares worth $2.21 million on June 16, 2026.
Key Points
- Kelly Patrick Arthur, Co-President and COO of Cipher Digital Inc., sold 85,084 shares at $26.03 each, totaling about $2.21 million.
- Cipher Digital Inc. trades on NasdaqGS under CIFR, with a market cap of about $10.65 billion and a forward P/E of 38.85.
- Morgan Stanley maintained a 'buy' rating with a $48.5 target on June 4, 2026, amid strong institutional interest.
On June 16, 2026, Kelly Patrick Arthur, the Co-President and COO of Cipher Digital Inc. (NasdaqGS: CIFR), sold 85,084 shares of the company. The shares were sold at an average price of $26.03 each, amounting to a total value of approximately $2.21 million. This transaction was not part of a pre-arranged trading plan.
Insider Buying and Selling at Cipher Digital Inc.
Several insiders at Cipher Digital Inc. executed trades on June 16, 2026. Alongside Kelly Patrick Arthur, Co-President and CLO William Iwaschuk sold 92,167 shares, and CEO Tyler Page sold 170,168 shares, both at the same $26.03 price. Earlier, on June 14, 2026, Tyler Page purchased 333,334 shares, and Kelly Patrick Arthur bought 166,667 shares without a specified price.
Other Institutional Activity in Cipher Digital Inc.
Among Cipher Digital's major institutional investors, BlackRock, Inc. increased its holdings by 307,789 shares, bringing its total to 28,462,858 shares valued at approximately $366.3 million. D. E. Shaw & Co., Inc. also added 1,000,518 shares, ending with 16,388,535 shares worth about $210.9 million. Meanwhile, 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 Inc. Stock Snapshot
Shares of Cipher Digital Inc. are trading around $26.93. The company has a market capitalization of approximately $10.65 billion and a forward P/E ratio of 38.85. Its beta is 3.203, indicating a higher volatility compared to the broader market. The stock's 52-week range is between $3.29 and $28.62, with a 50-day moving average of $20.36 and a 200-day moving average of $16.92. Cipher Digital also has a current ratio of 3.126 and a quick ratio of 0.581, with a debt-to-equity ratio of 641.56.
Analysts Set New Price Targets
On June 4, 2026, Morgan Stanley maintained its 'buy' rating on Cipher Digital Inc., setting a price target of $48.5. Other analysts, including Needham and Jefferies, have also maintained 'buy' ratings, with targets of $25.0 and $32.0, respectively. The consensus among 16 analysts is a 'strong buy', with a mean target price of $32.0.
About Cipher Digital Inc.
Cipher Digital Inc. is a technology company based in New York, specializing in developing and operating large-scale data centers for bitcoin mining and high-performance computing (HPC) hosting. Founded in 2021, the company focuses on building HPC data center facilities for hyperscaler tenants and operates a bitcoin mining data center. Formerly known as Cipher Mining Inc., the company rebranded to its current name in February 2026. Led by CEO Rodney Tyler Page, Cipher Digital employs 66 people.
Bottom Line
Insider sales at Cipher Digital Inc. highlight ongoing interest in the company from its leadership. The stock's performance and analyst ratings suggest a positive outlook, with a strong buy consensus. However, it's important to remember that these insider activities are reported after the fact, and the filings may not reflect current positions.
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.