Soluna Holdings, Inc. (NASDAQ:SLNH) Insider Mary Jennifer Oreilly Sells 2,000 Shares

Soluna Holdings, Inc. (NASDAQ:SLNH) insider Mary Jennifer Oreilly sold 2,000 shares of Soluna stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $11.48, for a total transaction of $22,960.00. Following the completion of the transaction, the insider now directly owns 15,000 shares in the company, valued at $172,200. The trade was a 11.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Mary Jennifer Oreilly also recently made the following trade(s):

• On Tuesday, November 19th, Mary Jennifer Oreilly sold 3,000 shares of Soluna stock. The stock was sold at an average price of $11.82, for a total value of $35,460.00.

Soluna Trading Up 0.3 %

Shares of NASDAQ SLNH traded up $0.01 during trading on Friday, hitting $3.52. 55,761 shares of the company traded hands, compared to its average volume of 237,124. Soluna Holdings, Inc. has a 1 year low of $1.40 and a 1 year high of $8.80. The company has a 50-day moving average price of $3.52 and a 200-day moving average price of $4.00. The firm has a market capitalization of $29.46 million, a P/E ratio of -0.24 and a beta of 2.93. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.16.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SLNH. State Street Corp bought a new position in shares of Soluna in the third quarter worth $36,000. Virtu Financial LLC acquired a new position in Soluna in the third quarter worth approximately $36,000. Finally, Coastal Bridge Advisors LLC purchased a new stake in shares of Soluna during the second quarter valued at $61,000. 23.19% of the stock is currently owned by institutional investors.

About Soluna

Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.