Key Points
- Lori Love, a director, bought 474 shares on April 16 at $22.05 (total $10,451.70) and 227 shares on April 20 at $22.01, bringing her holdings to 36,556 shares (≈$806,059.80), a 1.31% increase in ownership.
- TigerOak Management increased its stake by 42.7% (adding 9,818 shares to hold 32,795 shares worth ≈$649,000), while Weiss Ratings initiated coverage with a Sell (D-) rating and the stock carries a consensus "Sell".
Bitmine Immersion Technologies, Inc. (NYSE:BMNR - Get Free Report) Director Lori Love purchased 474 shares of Bitmine Immersion Technologies stock in a transaction that occurred on Thursday, April 16th. The shares were acquired at an average price of $22.05 per share, for a total transaction of $10,451.70. Following the acquisition, the director owned 36,556 shares in the company, valued at $806,059.80. This trade represents a 1.31% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Lori Love also recently made the following trade(s):
- On Monday, April 20th, Lori Love purchased 227 shares of Bitmine Immersion Technologies stock. The shares were acquired at an average price of $22.01 per share, for a total transaction of $4,996.27.
Bitmine Immersion Technologies Price Performance
Shares of NYSE:BMNR opened at $21.81 on Wednesday. Bitmine Immersion Technologies, Inc. has a 1 year low of $3.20 and a 1 year high of $161.00.
Hedge Funds Weigh In On Bitmine Immersion Technologies
An institutional investor recently raised its position in Bitmine Immersion Technologies stock. TigerOak Management L.L.C. increased its stake in Bitmine Immersion Technologies, Inc. (NYSE:BMNR - Free Report) by 42.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,795 shares of the company's stock after buying an additional 9,818 shares during the period. TigerOak Management L.L.C.'s holdings in Bitmine Immersion Technologies were worth $649,000 at the end of the most recent reporting period.
Analysts Set New Price Targets
Separately, Weiss Ratings initiated coverage on Bitmine Immersion Technologies in a report on Friday. They set a "sell (d-)" rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of "Sell".
Check Out Our Latest Stock Report on Bitmine Immersion Technologies
Bitmine Immersion Technologies Company Profile
(
Get Free Report)
BitMine Immersion Technologies Inc focused on bitcoin mining using immersion technology. BitMine Immersion Technologies Inc is based in ATLANTA, GA.
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