Doliver Advisors LP Has $184,000 Holdings in CleanSpark, Inc. (NASDAQ:CLSK)

Doliver Advisors LP grew its position in shares of CleanSpark, Inc. (NASDAQ:CLSK) by 59.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 20,000 shares of the company’s stock after acquiring an additional 7,470 shares during the period. Doliver Advisors LP’s holdings in CleanSpark were worth $184,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Marshall Wace LLP bought a new position in CleanSpark during the second quarter valued at approximately $18,074,000. Van ECK Associates Corp raised its holdings in shares of CleanSpark by 64.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,590,688 shares of the company’s stock valued at $14,857,000 after purchasing an additional 620,792 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of CleanSpark by 9.8% in the 3rd quarter. Geode Capital Management LLC now owns 6,163,461 shares of the company’s stock valued at $57,577,000 after purchasing an additional 549,187 shares during the last quarter. Millennium Management LLC boosted its holdings in CleanSpark by 74.6% in the second quarter. Millennium Management LLC now owns 1,251,278 shares of the company’s stock worth $19,958,000 after purchasing an additional 534,825 shares in the last quarter. Finally, Barclays PLC increased its position in CleanSpark by 364.0% during the third quarter. Barclays PLC now owns 389,201 shares of the company’s stock worth $3,634,000 after buying an additional 305,316 shares during the last quarter. Institutional investors own 43.12% of the company’s stock.

Analysts Set New Price Targets

CLSK has been the subject of a number of analyst reports. Macquarie boosted their price target on CleanSpark from $20.00 to $24.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th. HC Wainwright reaffirmed a “buy” rating and set a $27.00 target price on shares of CleanSpark in a research report on Tuesday, December 3rd. Cantor Fitzgerald reissued an “overweight” rating and issued a $23.00 price target on shares of CleanSpark in a research report on Thursday, October 3rd. Finally, JPMorgan Chase & Co. upgraded shares of CleanSpark from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $10.50 to $17.00 in a research note on Tuesday, December 10th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $23.17.

CleanSpark Stock Up 5.8 %

Shares of CLSK stock opened at $11.43 on Tuesday. CleanSpark, Inc. has a 12 month low of $6.41 and a 12 month high of $24.72. The firm has a market cap of $3.34 billion, a PE ratio of -19.71 and a beta of 4.26. The stock has a 50 day moving average of $12.58 and a 200-day moving average of $12.53.

CleanSpark Company Profile

CleanSpark, Inc operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc and changed its name to CleanSpark, Inc in November 2016.