Insider Buying: Keel Infrastructure (NASDAQ:KEEL) CEO Acquires 38,888 Shares

August 22, 2026 by InsiderTrades.com

Key Points

CEO Benjamin Gagnon bought 38,888 Keel Infrastructure shares at $3.33 each, investing approximately $129,497 and increasing his ownership by 2.89% to 1.39 million shares. He also purchased 58,888 shares the prior week.
Analysts remain broadly positive, with seven Buy ratings and one Sell rating producing a “Moderate Buy” consensus and an average price target of $6.25, versus shares trading near $3.32.
Keel remains unprofitable, reporting a quarterly loss of $0.11 per share on $30.43 million in revenue; the company is also pivoting from cryptomining toward AI and data-center infrastructure, a strategy offering potential growth but carrying execution and revenue-replacement risks.

Keel Infrastructure (NASDAQ:KEEL - Get Free Report) CEO Benjamin Gagnon bought 38,888 shares of the firm's stock in a transaction on Friday, August 21st. The stock was bought at an average price of $3.33 per share, with a total value of $129,497.04. Following the completion of the purchase, the chief executive officer owned 1,386,624 shares of the company's stock, valued at $4,617,457.92. This trade represents a 2.89% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Benjamin Gagnon also recently made the following trade(s):

On Thursday, August 13th, Benjamin Gagnon purchased 58,888 shares of Keel Infrastructure stock. The shares were bought at an average price of $3.33 per share, for a total transaction of $196,097.04.

Keel Infrastructure Trading Down 1.5%

Shares of NASDAQ KEEL opened at $3.32 on Friday. The company has a market cap of $2.05 billion, a P/E ratio of -11.07 and a beta of 4.14. Keel Infrastructure has a 12-month low of $1.21 and a 12-month high of $7.37. The company has a current ratio of 16.26, a quick ratio of 16.10 and a debt-to-equity ratio of 3.11. The business has a 50 day moving average of $4.55.

Keel Infrastructure (NASDAQ:KEEL - Get Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $30.43 million for the quarter. Keel Infrastructure had a negative net margin of 230.59% and a negative return on equity of 66.18%. During the same period in the prior year, the company earned ($0.05) EPS. As a group, equities analysts forecast that Keel Infrastructure will post -0.43 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Chardan Capital restated a "buy" rating and set a $5.50 price target on shares of Keel Infrastructure in a research report on Monday, June 8th. Lake Street Capital set a $5.50 price objective on shares of Keel Infrastructure in a research report on Monday, May 11th. Citizens Jmp assumed coverage on shares of Keel Infrastructure in a research note on Wednesday, June 24th. They set an "outperform" rating and a $10.00 target price for the company. Weiss Ratings reissued a "sell (d-)" rating on shares of Keel Infrastructure in a research note on Monday, July 13th. Finally, BTIG Research began coverage on shares of Keel Infrastructure in a research report on Wednesday, July 22nd. They issued a "buy" rating and a $8.00 target price for the company. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Keel Infrastructure has a consensus rating of "Moderate Buy" and an average target price of $6.25.

Read Our Latest Research Report on KEEL

Keel Infrastructure News Summary

Here are the key news stories impacting Keel Infrastructure this week:

Positive Sentiment: CEO Benjamin Gagnon purchased 38,888 shares at an average price of $3.33, investing approximately $129,497 and increasing his direct ownership by 2.89%. The purchase may signal management confidence after the recent decline. SEC filing for CEO purchase
Positive Sentiment: COO Liam Daniel Wilson bought 30,769 shares for approximately $99,999, increasing his position by 43.82%. Two sizable purchases by senior executives in consecutive sessions could support bullish sentiment. Insider Buying: Keel Infrastructure COO Buys Stock
Positive Sentiment: Keel said data-center work is expected to begin in 2027, offering investors a potential long-term growth catalyst tied to demand for digital infrastructure. Data center work to begin in 2027
Positive Sentiment: The company endorsed Pennsylvania Governor Josh Shapiro’s GRID standards and said permitting for its Panther Creek and Sharon projects remains on schedule and is unaffected by Executive Order 2026-05, reducing near-term regulatory uncertainty. Keel supports Pennsylvania GRID standards
Neutral Sentiment: Keel is decommissioning its U.S. cryptomining sites as it pivots toward artificial-intelligence and data-center infrastructure. The transition could improve its long-term positioning but also carries execution and revenue-replacement risks. Keel decommissions cryptomining sites
Negative Sentiment: Keel remains unprofitable, reporting a quarterly loss of $0.11 per share on $30.43 million in revenue, with a negative net margin and analysts expecting a full-year loss of $0.43 per share. Its high debt-to-equity ratio adds financial risk.

Institutional Trading of Keel Infrastructure

A number of institutional investors have recently made changes to their positions in the stock. Concurrent Investment Advisors LLC acquired a new stake in shares of Keel Infrastructure in the 2nd quarter worth approximately $272,000. TD Waterhouse Canada Inc. acquired a new position in shares of Keel Infrastructure during the second quarter valued at approximately $28,000. Public Employees Retirement System of Ohio acquired a new position in shares of Keel Infrastructure during the second quarter valued at approximately $817,000. Van ECK Associates Corp bought a new stake in Keel Infrastructure during the second quarter worth approximately $1,217,000. Finally, Situational Awareness LP bought a new stake in Keel Infrastructure during the second quarter worth approximately $151,831,000. 20.59% of the stock is owned by institutional investors and hedge funds.

About Keel Infrastructure

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Bitfarms Ltd. is a bitcoin mining company. It provides vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services to deliver operational performance and uptime. Bitfarms Ltd. is based in TORONTO, Ontario.