Mawson Infrastructure Group Inc. (NASDAQ:MIGI - Get Free Report) major shareholder Endeavor Blockchain, Llc bought 60,000 shares of Mawson Infrastructure Group stock in a transaction that occurred on Monday, January 26th. The stock was bought at an average price of $4.84 per share, with a total value of $290,400.00. Following the completion of the acquisition, the insider owned 1,460,000 shares in the company, valued at approximately $7,066,400. The trade was a 4.29% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
Endeavor Blockchain, Llc also recently made the following trade(s):
- On Tuesday, December 16th, Endeavor Blockchain, Llc purchased 20,245 shares of Mawson Infrastructure Group stock. The shares were bought at an average price of $4.07 per share, for a total transaction of $82,397.15.
- On Monday, December 15th, Endeavor Blockchain, Llc purchased 60,000 shares of Mawson Infrastructure Group stock. The stock was purchased at an average cost of $4.36 per share, for a total transaction of $261,600.00.
- On Friday, December 12th, Endeavor Blockchain, Llc acquired 98,000 shares of Mawson Infrastructure Group stock. The shares were purchased at an average cost of $5.37 per share, with a total value of $526,260.00.
- On Thursday, December 11th, Endeavor Blockchain, Llc bought 124,000 shares of Mawson Infrastructure Group stock. The stock was purchased at an average price of $8.44 per share, for a total transaction of $1,046,560.00.
- On Wednesday, December 10th, Endeavor Blockchain, Llc bought 105,005 shares of Mawson Infrastructure Group stock. The stock was purchased at an average price of $6.01 per share, for a total transaction of $631,080.05.
- On Tuesday, December 9th, Endeavor Blockchain, Llc purchased 70,106 shares of Mawson Infrastructure Group stock. The shares were purchased at an average price of $4.74 per share, with a total value of $332,302.44.
- On Monday, December 8th, Endeavor Blockchain, Llc purchased 50,301 shares of Mawson Infrastructure Group stock. The stock was acquired at an average cost of $4.37 per share, for a total transaction of $219,815.37.
- On Friday, December 5th, Endeavor Blockchain, Llc acquired 110,191 shares of Mawson Infrastructure Group stock. The stock was acquired at an average price of $4.39 per share, for a total transaction of $483,738.49.
- On Wednesday, December 3rd, Endeavor Blockchain, Llc acquired 59,832 shares of Mawson Infrastructure Group stock. The shares were acquired at an average cost of $4.84 per share, with a total value of $289,586.88.
- On Tuesday, December 2nd, Endeavor Blockchain, Llc bought 18,599 shares of Mawson Infrastructure Group stock. The shares were acquired at an average price of $4.90 per share, with a total value of $91,135.10.
Mawson Infrastructure Group Stock Down 4.0%
MIGI opened at $4.80 on Tuesday. The stock's 50 day moving average price is $4.90 and its two-hundred day moving average price is $10.42. The firm has a market capitalization of $5.47 million, a P/E ratio of -0.38 and a beta of 4.55. Mawson Infrastructure Group Inc. has a 12-month low of $3.79 and a 12-month high of $40.00.
Mawson Infrastructure Group (NASDAQ:MIGI - Get Free Report) last posted its quarterly earnings data on Friday, November 14th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of ($10.60) by $10.80. The business had revenue of $13.18 million during the quarter, compared to the consensus estimate of $5.30 million. As a group, analysts anticipate that Mawson Infrastructure Group Inc. will post -1.85 earnings per share for the current year.
Mawson Infrastructure Group News Roundup
Here are the key news stories impacting Mawson Infrastructure Group this week:
- Positive Sentiment: Major shareholder Endeavor Blockchain, LLC increased its stake, buying 60,000 shares at an average price of $4.84 on Jan 26 and now holding 1,460,000 shares (a ~4.29% raise in ownership). This direct insider accumulation signals confidence from a controlling holder. SEC Filing
- Positive Sentiment: Several additional filings and media reports (Jan 25) show repeated six‑figure insider purchases by major holders across multiple trades, reinforcing the theme of accumulation by insiders. Investors often view clustered insider buys as a bullish signal for near‑term sentiment. AmericanBankingNews - Insider Purchases
- Neutral Sentiment: Last reported quarterly results (Nov 14) showed an unusual EPS print that outperformed consensus and revenue above estimates, but analysts still expect negative full‑year EPS; the recent earnings history provides mixed signals: operational beat but ongoing losses. MarketBeat - Company Profile
- Negative Sentiment: Structural and market risks remain: tiny market cap (~$5.5M), very high beta (4.55), and a large gap between the 50‑day (~$5.02) and 200‑day (~$10.46) moving averages; the stock has fallen sharply from a 12‑month high of $40 to current levels, increasing downside risk and susceptibility to volatility.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the stock. Wall Street Zen cut shares of Mawson Infrastructure Group from a "buy" rating to a "hold" rating in a research note on Saturday, December 13th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Mawson Infrastructure Group in a research report on Friday, October 31st. Finally, Zacks Research upgraded Mawson Infrastructure Group from a "strong sell" rating to a "hold" rating in a research report on Tuesday, October 28th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Reduce".
Get Our Latest Research Report on Mawson Infrastructure Group
Mawson Infrastructure Group Company Profile
(
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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