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 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 transaction, the chief executive officer now owns 567,187 shares in the company, valued at $720,327.49. The trade was a 1.73 % decrease in their ownership of the stock. The transaction 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 transaction of $26,200.00.

Sphere 3D Trading Down 1.6 %

NASDAQ ANY opened at $1.22 on Friday. The company has a market cap of $25.91 million, a P/E ratio of -1.52 and a beta of 2.91. The company has a fifty day simple moving average of $1.22 and a 200 day simple 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

A hedge fund recently bought a new stake in Sphere 3D stock. XTX Topco Ltd purchased a new stake in Sphere 3D Corp. (NASDAQ:ANY) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 52,130 shares of the technology company’s stock, valued at approximately $56,000. XTX Topco Ltd owned about 0.28% of Sphere 3D at the end of the most recent quarter. Hedge funds and other institutional investors own 17.28% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. StockNews.com cut shares of Sphere 3D from a “hold” rating to a “sell” rating in a research report on Tuesday, November 12th. HC Wainwright reaffirmed a “buy” rating and set a $3.00 price target on shares of Sphere 3D in a research note on Monday, November 18th.

About Sphere 3D

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.