Cleanspark (NASDAQ:CLSK) Stock Price Up 7.6% – Here’s What Happened

26 Feb 2026, 16:32 by Amy Steele · The Cerbat Gem

Cleanspark, Inc. (NASDAQ:CLSK – Get Free Report) shares traded up 7.6% during trading on Tuesday . The stock traded as high as $10.46 and last traded at $10.5660. 4,242,821 shares were traded during trading, a decline of 86% from the average session volume of 29,685,184 shares. The stock had previously closed at $9.82.

Analyst Ratings Changes

CLSK has been the subject of several recent research reports. Macquarie Infrastructure decreased their price objective on Cleanspark from $30.00 to $27.00 and set an “outperform” rating for the company in a research note on Wednesday, November 26th. Chardan Capital reduced their target price on shares of Cleanspark from $30.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, February 6th. JPMorgan Chase & Co. upgraded shares of Cleanspark from a “neutral” rating to an “overweight” rating and set a $14.00 price target for the company in a research note on Monday, November 24th. Northland Securities began coverage on shares of Cleanspark in a report on Tuesday, January 13th. They set an “outperform” rating and a $22.50 price target for the company. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of Cleanspark from $18.00 to $14.00 and set an “outperform” rating on the stock in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Cleanspark presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.60.

Check Out Our Latest Stock Analysis on Cleanspark

Cleanspark Price Performance

The company has a debt-to-equity ratio of 1.29, a current ratio of 10.54 and a quick ratio of 10.54. The company’s 50 day simple moving average is $11.30 and its 200 day simple moving average is $12.85. The company has a market capitalization of $2.67 billion, a PE ratio of -9.76 and a beta of 3.47.

Insider Buying and Selling at Cleanspark

In other news, Director Amanda Cavaleri sold 33,000 shares of Cleanspark stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $15.02, for a total transaction of $495,660.00. Following the sale, the director owned 107,289 shares in the company, valued at approximately $1,611,480.78. The trade was a 23.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas Leigh Wood sold 85,315 shares of the business’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $11.69, for a total value of $997,332.35. Following the completion of the sale, the director directly owned 41,421 shares of the company’s stock, valued at $484,211.49. The trade was a 67.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.08% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CLSK. Smartleaf Asset Management LLC boosted its holdings in shares of Cleanspark by 38.9% in the third quarter. Smartleaf Asset Management LLC now owns 2,660 shares of the company’s stock valued at $40,000 after acquiring an additional 745 shares during the period. PNC Financial Services Group Inc. raised its position in Cleanspark by 4.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 20,096 shares of the company’s stock valued at $291,000 after purchasing an additional 781 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Cleanspark by 3.5% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 25,838 shares of the company’s stock worth $375,000 after purchasing an additional 873 shares during the period. GAMMA Investing LLC boosted its stake in Cleanspark by 7.8% during the 3rd quarter. GAMMA Investing LLC now owns 12,915 shares of the company’s stock worth $187,000 after purchasing an additional 932 shares during the period. Finally, Hantz Financial Services Inc. grew its position in Cleanspark by 115.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,748 shares of the company’s stock worth $25,000 after purchasing an additional 937 shares during the last quarter. Hedge funds and other institutional investors own 43.12% of the company’s stock.

Cleanspark Company Profile

(Get Free Report)

CleanSpark, Inc (NASDAQ: CLSK) is a leading energy software and services company specializing in advanced microgrid controls and distributed energy resource (DER) management. The firm develops proprietary software platforms designed to optimize power flows across on-grid and off-grid installations, integrating renewable generation, battery storage, and traditional generation assets. CleanSpark’s technology is used by utilities, commercial and industrial enterprises, and remote facilities seeking to enhance energy resilience, reduce operating costs, and achieve sustainability goals.