Greenidge Generation Holdings Inc. (NASDAQ:GREE) CEO Jordan Kovler Purchases 5,000 Shares of Stock

Greenidge Generation Holdings Inc. (NASDAQ:GREE) CEO Jordan Kovler bought 5,000 shares of Greenidge Generation stock in a transaction that occurred on Thursday, November 16th. The stock was purchased at an average cost of $5.21 per share, for a total transaction of $26,050.00. Following the acquisition, the chief executive officer now owns 5,450 shares of the company’s stock, valued at $28,394.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Greenidge Generation Stock Down 0.4 %

Shares of NASDAQ:GREE opened at $4.94 on Tuesday. The firm’s 50 day moving average price is $4.64 and its 200 day moving average price is $4.49. The stock has a market cap of $35.75 million, a price-to-earnings ratio of -0.13 and a beta of 3.68. Greenidge Generation Holdings Inc. has a fifty-two week low of $1.55 and a fifty-two week high of $13.90.

Institutional Trading of Greenidge Generation

Several hedge funds have recently added to or reduced their stakes in GREE. Y Intercept Hong Kong Ltd acquired a new stake in Greenidge Generation in the second quarter valued at approximately $29,000. Rhumbline Advisers purchased a new position in Greenidge Generation in the second quarter valued at approximately $35,000. Two Sigma Securities LLC purchased a new position in Greenidge Generation in the second quarter valued at approximately $35,000. Virtu Financial LLC purchased a new position in Greenidge Generation in the first quarter valued at approximately $38,000. Finally, Vident Investment Advisory LLC increased its stake in Greenidge Generation by 494.1% in the fourth quarter. Vident Investment Advisory LLC now owns 156,318 shares of the company’s stock valued at $45,000 after purchasing an additional 130,005 shares during the last quarter. Institutional investors and hedge funds own 3.05% of the company’s stock.

Greenidge Generation Company Profile

Greenidge Generation Holdings Inc operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenters in New York and South Carolina. It also owns and operates a 106 MW nameplate natural gas power generation facility. The company was founded in 1937 and is headquartered in Dresden, New York.