Patricia Trompeter Sells 20,000 Shares of Sphere 3D Corp. (NASDAQ:ANY) Stock

Sphere 3D Corp. (NASDAQ:ANY) CEO Patricia Trompeter sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $1.31, for a total value of $26,200.00. Following the completion of the sale, the chief executive officer now directly owns 597,187 shares of the company’s stock, valued at approximately $782,314.97. This represents a 3.24 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Patricia Trompeter also recently made the following trade(s):

• On Thursday, December 12th, Patricia Trompeter sold 10,000 shares of Sphere 3D stock. The stock was sold at an average price of $1.27, for a total value of $12,700.00.

Sphere 3D Stock Down 1.6 %

Shares of NASDAQ:ANY opened at $1.22 on Friday. Sphere 3D Corp. has a 52-week low of $0.67 and a 52-week high of $4.09. The stock has a market cap of $25.91 million, a price-to-earnings ratio of -1.52 and a beta of 2.91. The business has a 50-day moving average price of $1.22 and a 200-day moving average price of $1.07.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Sphere 3D stock. XTX Topco Ltd acquired a new position in Sphere 3D Corp. (NASDAQ:ANY) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 52,130 shares of the technology company’s stock, valued at approximately $56,000. XTX Topco Ltd owned about 0.28% of Sphere 3D as of its most recent SEC filing. Institutional investors own 17.28% of the company’s stock.

Wall Street Analyst Weigh In

ANY has been the subject of several recent analyst reports. StockNews.com downgraded Sphere 3D from a “hold” rating to a “sell” rating in a report on Tuesday, November 12th. HC Wainwright reissued a “buy” rating and issued a $3.00 price target on shares of Sphere 3D in a report 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.