Eric Stanton Weiss Purchases 15,000 Shares of Core Scientific, Inc. (NASDAQ:CORZ) Stock

Core Scientific, Inc. (NASDAQ:CORZGet Free Report) Director Eric Stanton Weiss bought 15,000 shares of the company’s stock in a transaction on Friday, March 15th. The shares were acquired at an average price of $3.03 per share, with a total value of $45,450.00. Following the transaction, the director now directly owns 15,000 shares in the company, valued at approximately $45,450. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Core Scientific Price Performance

CORZ opened at $3.08 on Wednesday. The business’s 50-day moving average price is $3.06 and its two-hundred day moving average price is $1.58. Core Scientific, Inc. has a 1 year low of $2.61 and a 1 year high of $6.10.

Institutional Trading of Core Scientific

Several hedge funds and other institutional investors have recently modified their holdings of CORZ. First Republic Investment Management Inc. acquired a new stake in shares of Core Scientific in the second quarter valued at about $28,000. Legal & General Group Plc acquired a new stake in shares of Core Scientific in the second quarter valued at about $28,000. BSW Wealth Partners acquired a new stake in shares of Core Scientific in the first quarter valued at about $30,000. Price T Rowe Associates Inc. MD acquired a new stake in shares of Core Scientific in the second quarter valued at about $31,000. Finally, HRT Financial LP acquired a new stake in shares of Core Scientific in the fourth quarter valued at about $45,000.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Compass Point raised Core Scientific from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $1.00 to $8.50 in a research note on Wednesday, January 31st. HC Wainwright reaffirmed a “buy” rating and set a $5.00 price objective on shares of Core Scientific in a research note on Wednesday, March 13th.

Read Our Latest Research Report on CORZ

Core Scientific Company Profile

(Get Free Report)

Core Scientific, Inc operates facilities for digital asset mining and colocation services in North America. It provides blockchain infrastructure, software solutions, and services. The company mines digital assets for its own account and provides hosting colocation services for other large-scale miners.

Further Reading

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