Vontobel Holding Ltd. Cuts Holdings in Cipher Mining Inc. $CIFR

Market Beat
2026.01.01 14:05
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Vontobel Holding Ltd. has significantly reduced its holdings in Cipher Mining Inc. (NASDAQ:CIFR) by 87.8% during Q3, now owning 11,548 shares valued at $145,000. Other institutional investors have also adjusted their stakes, with some increasing their positions. Analysts have given Cipher Mining a "Moderate Buy" rating, with a consensus target price of $24.73. Recent insider transactions show significant share sales by executives. Cipher Mining's stock performance has varied, with a 12-month low of $1.86 and a high of $25.52, and it reported better-than-expected earnings in its last quarterly report.