BTGO (NYSE:BTGO) Stock Rating Upgraded by Wall Street Zen

BTGO (NYSE:BTGO) was upgraded by investment analysts at Wall Street Zen to a “hold” rating in a research note issued to investors on Saturday.

BTGO Price Performance

BTGO stock opened at $13.47 on Friday. BTGO has a 12 month low of $11.82 and a 12 month high of $24.50.

Insiders Place Their Bets

In other news, COO Jody Mettler sold 25,000 shares of the stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $16.74, for a total value of $418,500.00. Following the sale, the chief operating officer directly owned 25,000 shares in the company, valued at approximately $418,500. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Edward Reginelli sold 45,000 shares of the firm’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $16.74, for a total value of $753,300.00. Following the sale, the chief financial officer directly owned 539,000 shares of the company’s stock, valued at $9,022,860. This represents a 7.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 436,007 shares of company stock worth $7,298,757.

BTGO Company Profile

BitGo Holdings Inc is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins and settlement services from regulated cold storage. BitGo Holdings Inc is based in NEW YORK.