Greenidge Generation Holdings Inc. (NASDAQ:GREE) CEO Jordan Kovler Sells 28,895 Shares

Greenidge Generation Holdings Inc. (NASDAQ:GREE) CEO Jordan Kovler sold 28,895 shares of Greenidge Generation stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $0.80, for a total transaction of $23,116.00. Following the sale, the chief executive officer now owns 123,308 shares of the company’s stock, valued at approximately $98,646.40. This trade represents a 18.98 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Greenidge Generation Stock Performance

Shares of GREE traded down $0.04 on Friday, hitting $0.82. 172,666 shares of the stock traded hands, compared to its average volume of 451,547. Greenidge Generation Holdings Inc. has a 1 year low of $0.73 and a 1 year high of $3.84. The stock’s 50 day moving average is $1.11 and its two-hundred day moving average is $1.74.

Institutional Investors Weigh In On Greenidge Generation

A hedge fund recently bought a new stake in Greenidge Generation stock. Soviero Asset Management LP bought a new position in shares of Greenidge Generation Holdings Inc. (NASDAQ:GREE) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 251,147 shares of the company’s stock, valued at approximately $389,000. Soviero Asset Management LP owned 2.25% of Greenidge Generation at the end of the most recent quarter. Institutional investors and hedge funds own 8.50% 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 datacenter in New York, as well as hosts, powers, and provides technical support and other related services to bitcoin mining equipment owned by customers.