Insider Buying: Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Major Shareholder Buys $104,828.00 in Stock

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) major shareholder Endeavor Blockchain, Llc bought 14,600 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was purchased at an average cost of $7.18 per share, with a total value of $104,828.00. Following the transaction, the insider directly owned 1,584,000 shares in the company, valued at approximately $11,373,120. This represents a 0.93% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases 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 purchased 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 stock was purchased at an average cost of $6.72 per share, for a total transaction of $262,684.80.
• On Tuesday, June 30th, Endeavor Blockchain, Llc acquired 16,700 shares of Big Digital Energy, Inc. Common Stock stock. The stock was purchased at an average price of $1,000.00 per share, with a total value 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 stock was 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 Up 3.0%

Shares of BGDE stock opened at $7.22 on Friday. Big Digital Energy, Inc. Common Stock has a 12 month low of $1.70 and a 12 month high of $40.00. The stock has a market cap of $40.87 million, a PE ratio of -0.57 and a beta of 5.05. The company’s fifty day moving average price is $7.16 and its 200-day moving average price is $5.39.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) last released 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. Big Digital Energy, Inc. Common Stock had a negative return on equity of 2,070.87% and a negative net margin of 80.68%.

Analyst Ratings Changes

BGDE has been the topic of a number of recent research reports. Weiss Ratings upgraded shares of Big Digital Energy, Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 16th. Wall Street Zen lowered shares of Big Digital Energy, Inc. Common Stock from a “hold” rating to a “sell” rating in a 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 data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Big Digital Energy, Inc. Common Stock Company Profile

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.