Insider Selling: Greenidge Generation Holdings Inc. (NASDAQ:GREE) CEO Sells 28,895 Shares of Stock

Greenidge Generation Holdings Inc. (NASDAQ:GREE) CEO Jordan Kovler sold 28,895 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $0.80, for a total value of $23,116.00. Following the transaction, the chief executive officer now owns 123,308 shares of the company’s stock, valued at $98,646.40. This trade represents a 18.98 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Greenidge Generation Trading Down 4.2 %

Shares of NASDAQ:GREE opened at $0.82 on Friday. The business’s fifty day moving average price is $1.11 and its two-hundred day moving average price is $1.74. Greenidge Generation Holdings Inc. has a fifty-two week low of $0.73 and a fifty-two week 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 stake in Greenidge Generation Holdings Inc. (NASDAQ:GREE) during the fourth quarter, according to its most recent 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 approximately 2.25% of Greenidge Generation as of its most recent SEC filing. 8.50% of the stock is currently owned by hedge funds and other 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.