Riot Platforms (RIOT) is down 4.9% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is renewed weakness in Bitcoin, which tends to hit mining stocks like Riot harder than the underlying cryptocurrency because their revenue and sentiment are closely tied to coin prices and mining economics. The drop may also reflect concern that Riot’s AI and data-center pivot is promising longer term, but not yet enough to fully offset near-term pressure on mining profitability.
Details:
Sources:
SEC, Riot Platforms, Investing.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$RIOT Insider Trading Activity
$RIOT insiders have traded $RIOT stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $RIOT stock by insiders over the last 6 months:
- JASON LES (CEO) has made 0 purchases and 2 sales selling 237,703 shares for an estimated $6,294,983.
- RYAN D. WERNER (SVP, CAO) has made 0 purchases and 2 sales selling 62,991 shares for an estimated $1,758,074.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$RIOT Hedge Fund Activity
We have seen 237 institutional investors add shares of $RIOT stock to their portfolio, and 226 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VIKING GLOBAL INVESTORS LP removed 12,428,894 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $153,621,129
- SITUATIONAL AWARENESS LP added 5,334,437 shares (+86.5%) to their portfolio in Q1 2026, for an estimated $65,933,641
- NOMURA HOLDINGS INC added 4,807,749 shares (+94.3%) to their portfolio in Q1 2026, for an estimated $59,423,777
- VALUE ALIGNED RESEARCH ADVISORS, LLC removed 4,447,229 shares (-46.2%) from their portfolio in Q1 2026, for an estimated $54,967,750
- RENAISSANCE TECHNOLOGIES LLC removed 4,289,149 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $53,013,881
- TWO SIGMA ADVISERS, LP removed 3,701,700 shares (-94.8%) from their portfolio in Q4 2025, for an estimated $46,900,539
- VOLORIDGE INVESTMENT MANAGEMENT, LLC removed 3,659,672 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $45,233,545
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$RIOT Analyst Ratings
Wall Street analysts have issued reports on $RIOT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 05/01/2026
To track analyst ratings and price targets for $RIOT, check out Quiver Quantitative's $RIOT forecast page.
$RIOT Price Targets
Multiple analysts have issued price targets for $RIOT recently. We have seen 9 analysts offer price targets for $RIOT in the last 6 months, with a median target of $25.0.
Here are some recent targets:
- Gregory Lewis from BTIG set a target price of $40.0 on 06/25/2026
- John Todaro from Needham set a target price of $28.5 on 05/22/2026
- Mike Colonnese from HC Wainwright & Co. set a target price of $25.0 on 05/06/2026
- Brett Knoblauch from Cantor Fitzgerald set a target price of $23.0 on 05/01/2026
- Bill Papanastasiou from Chardan Capital set a target price of $27.5 on 04/27/2026
- Patrick Moley from Piper Sandler set a target price of $23.0 on 04/21/2026
- Peter Christiansen from Citigroup set a target price of $21.0 on 03/18/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
