Key Points
- Endeavor Blockchain, LLC bought 39,090 BGDE shares at an average price of $6.72, investing $262,684.80 and increasing its stake by 2.55% to 1.57 million shares.
- BGDE shares were down 6.1%, opening at $6.57, while the company reported a quarterly loss of $1.33 per share on $6.15 million in revenue.
- Analyst sentiment remains negative: one firm rates the stock “Hold” and another “Sell,” giving BGDE an average “Reduce” rating.
Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE - Get Free Report) major shareholder Endeavor Blockchain, Llc bought 14,600 shares of the business's stock in a transaction on Monday, August 17th. The stock was bought at an average price of $7.18 per share, with a total value of $104,828.00. Following the transaction, the insider owned 1,584,000 shares in the company, valued at approximately $11,373,120. This represents a 0.93% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.
Endeavor Blockchain, Llc also recently made the following trade(s):
- On Tuesday, August 18th, Endeavor Blockchain, Llc purchased 16,000 shares of Big Digital Energy, Inc. Common Stock stock. The shares were bought at an average price of $6.73 per share, for a total transaction of $107,680.00.
- On Friday, August 14th, Endeavor Blockchain, Llc purchased 39,090 shares of Big Digital Energy, Inc. Common Stock stock. The shares were bought at an average price of $6.72 per share, for a total transaction of $262,684.80.
- On Tuesday, June 30th, Endeavor Blockchain, Llc purchased 16,700 shares of Big Digital Energy, Inc. Common Stock stock. The stock was bought at an average cost of $1,000.00 per share, for a total transaction of $16,700,000.00.
- On Thursday, June 11th, Endeavor Blockchain, Llc acquired 43,886 shares of Big Digital Energy, Inc. Common Stock stock. The shares were purchased at an average price of $7.05 per share, with a total value of $309,396.30.
- On Friday, June 12th, Endeavor Blockchain, Llc acquired 25,784 shares of Big Digital Energy, Inc. Common Stock stock. The shares were purchased at an average cost of $7.33 per share, with a total value of $188,996.72.
Big Digital Energy, Inc. Common Stock Trading Down 6.1%
BGDE opened at $6.57 on Wednesday. The stock has a fifty day moving average price of $7.15 and a 200 day moving average price of $5.35. Big Digital Energy, Inc. Common Stock has a 1 year low of $1.70 and a 1 year high of $40.00. The stock has a market cap of $36.27 million, a price-to-earnings ratio of -0.52 and a beta of 5.05.
Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE - Get Free Report) last issued its earnings results on Friday, August 14th. The company reported ($1.33) earnings per share for the quarter. The business had revenue of $6.15 million during the quarter.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the stock. Weiss Ratings raised shares of Big Digital Energy, Inc. Common Stock from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Tuesday, June 16th. Wall Street Zen downgraded shares of Big Digital Energy, Inc. Common Stock from a "hold" rating to a "sell" rating in a research report on Saturday, August 8th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Big Digital Energy, Inc. Common Stock has a consensus rating of "Reduce".
Check Out Our Latest Stock Report on Big Digital Energy, Inc. Common Stock
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.
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