Daniel George Tolhurst Sells 329,257 Shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Stock

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Daniel George Tolhurst sold 329,257 shares of Gryphon Digital Mining stock in a transaction on Friday, May 16th. The stock was sold at an average price of $1.34, for a total transaction of $441,204.38. Following the transaction, the director now directly owns 3,077,216 shares of the company’s stock, valued at $4,123,469.44. This represents a 9.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Daniel George Tolhurst also recently made the following trade(s):

• On Monday, May 19th, Daniel George Tolhurst sold 1,981,233 shares of Gryphon Digital Mining stock. The stock was sold at an average price of $1.45, for a total value of $2,872,787.85.

Gryphon Digital Mining Stock Performance

Shares of GRYP opened at $1.22 on Thursday. The firm has a market cap of $84.60 million, a PE ratio of -4.52 and a beta of 2.31. Gryphon Digital Mining, Inc. has a 52-week low of $0.13 and a 52-week high of $2.93. The business’s 50 day moving average price is $0.37 and its two-hundred day moving average price is $0.42.

Gryphon Digital Mining (NASDAQ:GRYP) last released its quarterly earnings data on Thursday, May 15th. The company reported ($0.09) earnings per share for the quarter. Research analysts predict that Gryphon Digital Mining, Inc. will post -0.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, HC Wainwright restated a “neutral” rating on shares of Gryphon Digital Mining in a research report on Tuesday, May 13th.

Institutional Investors Weigh In On Gryphon Digital Mining

An institutional investor recently bought a new position in Gryphon Digital Mining stock. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 390,724 shares of the company’s stock, valued at approximately $66,000. Cambridge Investment Research Advisors Inc. owned 0.56% of Gryphon Digital Mining at the end of the most recent quarter. 10.21% of the stock is owned by institutional investors and hedge funds.

About Gryphon Digital Mining

Gryphon Digital Mining, Inc operates as a bitcoin mining company in the United States. It operates mining computers and ESG-led mining. The company was founded in 2020 and is based in Las Vegas, Nevada.