Cleanspark (NASDAQ:CLSK) COO Taylor Monnig Sells 25,249 Shares of Stock

Cleanspark, Inc. (NASDAQ:CLSK) COO Taylor Monnig sold 25,249 shares of Cleanspark stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $13.34, for a total transaction of $336,821.66. Following the sale, the chief operating officer owned 236,114 shares in the company, valued at approximately $3,149,760.76. This trade represents a 9.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Taylor Monnig also recently made the following trade(s):

• On Friday, September 4th, Taylor Monnig sold 4,513 shares of Cleanspark stock. The shares were sold at an average price of $12.61, for a total transaction of $56,908.93.
• On Friday, August 14th, Taylor Monnig sold 54 shares of Cleanspark stock. The stock was sold at an average price of $11.51, for a total transaction of $621.54.

Cleanspark Stock Down 1.5%

Shares of CLSK opened at $13.28 on Thursday. The stock has a market cap of $3.41 billion, a price-to-earnings ratio of -3.52 and a beta of 3.84. The company has a quick ratio of 2.11, a current ratio of 5.91 and a debt-to-equity ratio of 2.34. Cleanspark, Inc. has a 12 month low of $8.00 and a 12 month high of $23.61. The company has a 50-day moving average price of $12.90 and a two-hundred day moving average price of $12.84.

Cleanspark (NASDAQ:CLSK) last released its quarterly earnings data on Thursday, August 6th. The company reported ($0.89) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.47) by ($0.42). Cleanspark had a negative net margin of 146.90% and a negative return on equity of 18.63%. The company had revenue of $138.01 million for the quarter, compared to analyst estimates of $142.37 million. During the same period in the previous year, the firm posted $0.90 earnings per share. The firm’s revenue for the quarter was down 30.5% compared to the same quarter last year. Equities analysts predict that Cleanspark, Inc. will post -1.4 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Sequoia Financial Advisors LLC acquired a new stake in Cleanspark during the 2nd quarter valued at $188,000. WINTON GROUP Ltd boosted its stake in Cleanspark by 58.2% in the second quarter. WINTON GROUP Ltd now owns 115,834 shares of the company’s stock worth $1,685,000 after purchasing an additional 42,634 shares in the last quarter. Engineers Gate Manager LP grew its holdings in shares of Cleanspark by 111.2% during the second quarter. Engineers Gate Manager LP now owns 40,697 shares of the company’s stock worth $592,000 after purchasing an additional 21,426 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Cleanspark during the second quarter worth $179,000. Finally, NewEdge Advisors LLC grew its holdings in shares of Cleanspark by 53.7% during the second quarter. NewEdge Advisors LLC now owns 5,215 shares of the company’s stock worth $76,000 after purchasing an additional 1,822 shares during the last quarter. 43.12% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on CLSK. Needham & Company LLC upped their price target on Cleanspark from $18.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, July 15th. Chardan Capital reissued a “buy” rating and set a $21.00 price objective on shares of Cleanspark in a report on Monday, August 10th. Keefe, Bruyette & Woods boosted their target price on shares of Cleanspark from $16.00 to $25.00 and gave the company an “outperform” rating in a research note on Tuesday, July 28th. Citigroup initiated coverage on shares of Cleanspark in a report on Wednesday, June 24th. They issued an “outperform” rating on the stock. Finally, BTIG Research reiterated a “buy” rating and set a $26.00 target price on shares of Cleanspark in a research report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $23.88.

Cleanspark News Roundup

Here are the key news stories impacting Cleanspark this week:

• Positive Sentiment: CleanSpark received conditional ERCOT classifications covering 885 megawatts across its Texas sites. The company also secured 585 MW of baseload capacity for its Batch Zero project, supporting its strategy to expand from Bitcoin mining into high-performance data-center infrastructure. The classifications remain conditional and subject to ERCOT’s regulatory process. CleanSpark receives conditional ERCOT classifications for 885 MW in Texas CleanSpark secures 585MW baseload for Batch Zero project
• Positive Sentiment: In its August operational update, CleanSpark reported producing 593 Bitcoin during the month and said construction continues at its Sandersville campus. The company also cited approximately $6.6 billion in contracted revenue, which could improve long-term growth visibility if its data-center plans are executed successfully. CleanSpark Releases August 2026 Operational Update
• Neutral Sentiment: Reports noted that CleanSpark held 13,703 BTC after August production, but its holdings declined because of Bitcoin sales. The sales may provide liquidity for expansion, though they reduce exposure to potential Bitcoin-price gains. CleanSpark produces 593 Bitcoins in August
• Neutral Sentiment: A Zacks article discussed Wall Street’s generally favorable view of CLSK, but it did not identify a major new rating change or estimate revision, making the immediate trading impact likely limited. Wall Street Analysts Think CleanSpark Is a Good Investment
• Negative Sentiment: COO Taylor Monnig disclosed sales totaling approximately 29,762 shares worth about $394,000 across September 4 and September 8. The transactions reduced his direct holdings and may weigh on sentiment, although he still owns a substantial position. SEC insider ownership filing

About Cleanspark

CleanSpark, Inc (NASDAQ: CLSK) is a leading energy software and services company specializing in advanced microgrid controls and distributed energy resource (DER) management. The firm develops proprietary software platforms designed to optimize power flows across on-grid and off-grid installations, integrating renewable generation, battery storage, and traditional generation assets. CleanSpark’s technology is used by utilities, commercial and industrial enterprises, and remote facilities seeking to enhance energy resilience, reduce operating costs, and achieve sustainability goals.

In addition to its core software offerings, CleanSpark provides end-to-end engineering, procurement and construction (EPC) services.