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 business’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 value of $12,700.00. Following the sale, the chief executive officer now directly owns 567,187 shares of the company’s stock, valued at $720,327.49. This represents a 1.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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 value of $26,200.00.

Sphere 3D Stock Down 6.1 %

Shares of ANY opened at $1.24 on Friday. The stock has a 50 day moving average of $1.21 and a 200 day moving average of $1.07. Sphere 3D Corp. has a 12 month low of $0.67 and a 12 month high of $4.09.

Institutional Investors Weigh In On Sphere 3D

An institutional investor recently bought a new position in Sphere 3D stock. XTX Topco Ltd purchased a new stake in shares of Sphere 3D Corp. (NASDAQ:ANY) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm 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 SEC filing. 17.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

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.