Greenidge Generation Holdings Inc. (NASDAQ:GREE) CEO Sells $23,116.00 in Stock

Greenidge Generation Holdings Inc. (NASDAQ:GREE) CEO Jordan Kovler sold 28,895 shares of the stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $0.80, for a total transaction of $23,116.00. Following the completion of the sale, the chief executive officer now directly owns 123,308 shares in the company, valued at approximately $98,646.40. The trade was a 18.98 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Greenidge Generation Stock Down 4.2 %

Shares of NASDAQ GREE traded down $0.04 on Friday, hitting $0.82. The company’s stock had a trading volume of 172,666 shares, compared to its average volume of 451,547. The stock has a 50 day moving average of $1.11 and a 200-day moving average of $1.74. Greenidge Generation Holdings Inc. has a 12-month low of $0.73 and a 12-month high of $3.84.

Institutional Investors Weigh In On Greenidge Generation

An institutional investor recently bought a new position in Greenidge Generation stock. Soviero Asset Management LP purchased a new position in Greenidge Generation Holdings Inc. (NASDAQ:GREE) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 251,147 shares of the company’s stock, valued at approximately $389,000. Soviero Asset Management LP owned about 2.25% of Greenidge Generation as of its most recent SEC filing. 8.50% of the stock is owned by institutional investors.

About Greenidge Generation

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.