Key Points
- Major shareholder Endeavor Blockchain, LLC bought 43,886 shares of Big Digital Energy on June 11 at an average price of $7.05, totaling about $309,396.
- The same insider also purchased 25,784 more shares on June 12 at $7.33 each, adding to its stake and lifting ownership to 1,524,224 shares.
- BGDE has been volatile but recently opened at $8.58; the company also reported a wider-than-expected quarterly loss and weaker revenue, while analysts currently lean bearish with an average rating of “Reduce.”
Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE - Get Free Report) major shareholder Endeavor Blockchain, Llc purchased 25,784 shares of Big Digital Energy, Inc. Common Stock stock in a transaction dated Friday, June 12th. The stock was acquired at an average price of $7.33 per share, with a total value of $188,996.72. Following the acquisition, the insider owned 1,550,000 shares in the company, valued at approximately $11,361,500. This represents a 1.69% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
Endeavor Blockchain, Llc also recently made the following trade(s):
- On Thursday, June 11th, Endeavor Blockchain, Llc purchased 43,886 shares of Big Digital Energy, Inc. Common Stock stock. The stock was acquired at an average price of $7.05 per share, with a total value of $309,396.30.
Big Digital Energy, Inc. Common Stock Stock Performance
NASDAQ:BGDE opened at $8.58 on Tuesday. Big Digital Energy, Inc. Common Stock has a one year low of $1.70 and a one year high of $40.00. The firm has a market cap of $47.36 million, a P/E ratio of -0.68 and a beta of 5.06. The firm has a 50-day simple moving average of $6.01 and a 200-day simple moving average of $4.55.
Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE - Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The company reported ($12.11) EPS for the quarter, missing the consensus estimate of ($10.40) by ($1.71). The firm had revenue of $3.23 million for the quarter, compared to analyst estimates of $5.30 million.
Wall Street Analysts Forecast Growth
BGDE has been the subject of several recent analyst reports. Wall Street Zen lowered shares of Big Digital Energy, Inc. Common Stock from a "hold" rating to a "sell" rating in a research note on Saturday, April 4th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Big Digital Energy, Inc. Common Stock in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Reduce".
Get Our Latest Analysis on BGDE
About Big Digital Energy, Inc. Common Stock
(
Get Free Report)
Mawson Infrastructure Group, Inc is a special purpose acquisition company formed to identify, acquire and operate businesses in the digital infrastructure sector. Incorporated in Delaware, the company focuses on high-growth areas such as data centers, fiber-optic networks, wireless towers and other critical infrastructure that supports the global digital economy.
The company completed its initial public offering in July 2021, raising capital to pursue its business combination objectives.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
