Stocks of Core Scientific Inc (NASDAQ:CORZ) traded higher last session on Wall Street, up 3.64% to $10.24.
CORZ stock price is now 26.37% away from the 50-day moving average and -12.56% away from the 200-day moving average. The market capitalization of the company currently stands at $3.05B.
With the price target of $22, Keefe Bruyette recently initiated with Outperform rating for Core Scientific Inc (NASDAQ: CORZ). On January 21, 2025, Craig Hallum recently initiated its ‘Buy’ rating on the stock quoting a target price of $24, while ‘ROTH MKM’ rates the stock as ‘Buy’
In other news, Sullivan Adam Taylor, Chief Executive Officer sold 22,629 shares of the company’s stock on Apr 01 ’25. The stock was sold for $170,213 at an average price of $7.52. Upon completion of the transaction, the Chief Executive Officer now directly owns 3,736,164 shares in the company, valued at $38.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, DUCHENE TODD M sold 7,921 shares of the business’s stock. A total of $59,581 was realized by selling the stock at an average price of $7.52. This leaves the insider owning 2,015,502 shares of the company worth $20.64 million. A total of 13.28% of the company’s stock is owned by insiders.
During the past 12 months, Core Scientific Inc has had a low of $3.46 and a high of $18.63.
For the current quarter, analysts expect CORZ to generate $81.1M in revenue.
