Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Major Shareholder Buys 4,000 Shares of Stock

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) major shareholder Endeavor Blockchain, Llc purchased 4,000 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The stock was purchased at an average cost of $6.29 per share, for a total transaction of $25,160.00. Following the transaction, the insider owned 1,650,000 shares of the company’s stock, valued at approximately $10,378,500. This trade represents a 0.24% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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, September 1st, Endeavor Blockchain, Llc bought 16,000 shares of Big Digital Energy, Inc. Common Stock stock. The stock was purchased at an average price of $6.46 per share, for a total transaction of $103,360.00.
• On Monday, August 31st, Endeavor Blockchain, Llc bought 30,000 shares of Big Digital Energy, Inc. Common Stock stock. The stock was purchased at an average price of $6.66 per share, for a total transaction of $199,800.00.
• On Thursday, August 27th, Endeavor Blockchain, Llc bought 135 shares of Big Digital Energy, Inc. Common Stock stock. The shares were purchased at an average cost of $7.25 per share, with a total value of $978.75.
• On Friday, August 21st, Endeavor Blockchain, Llc purchased 6,000 shares of Big Digital Energy, Inc. Common Stock stock. The shares were purchased at an average price of $7.52 per share, with a total value of $45,120.00.
• On Thursday, August 20th, Endeavor Blockchain, Llc purchased 2,098 shares of Big Digital Energy, Inc. Common Stock stock. The stock was acquired at an average cost of $7.09 per share, for a total transaction of $14,874.82.
• On Tuesday, August 18th, Endeavor Blockchain, Llc acquired 16,000 shares of Big Digital Energy, Inc. Common Stock stock. The stock was acquired at an average price of $6.73 per share, for a total transaction of $107,680.00.
• On Monday, August 17th, Endeavor Blockchain, Llc acquired 14,600 shares of Big Digital Energy, Inc. Common Stock stock. The shares were acquired at an average cost of $7.18 per share, with a total value of $104,828.00.
• On Friday, August 14th, Endeavor Blockchain, Llc bought 39,090 shares of Big Digital Energy, Inc. Common Stock stock. The shares were acquired at an average price of $6.72 per share, with a total value of $262,684.80.
• On Tuesday, June 30th, Endeavor Blockchain, Llc bought 16,700 shares of Big Digital Energy, Inc. Common Stock stock. The shares were acquired 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 bought 43,886 shares of Big Digital Energy, Inc. Common Stock stock. The stock was acquired at an average cost of $7.05 per share, for a total transaction of $309,396.30.

Big Digital Energy, Inc. Common Stock Stock Up 0.5%

NASDAQ BGDE traded up $0.03 during trading on Wednesday, hitting $6.25. The company’s stock had a trading volume of 65,974 shares, compared to its average volume of 299,142. Big Digital Energy, Inc. Common Stock has a 52 week low of $1.70 and a 52 week high of $40.00. The firm has a market cap of $35.38 million, a P/E ratio of -0.50 and a beta of 4.98. The firm has a 50 day moving average price of $6.73 and a 200 day moving average price of $5.60.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) last posted its quarterly earnings data on Friday, August 14th. The company reported ($1.33) earnings per share for the quarter. Big Digital Energy, Inc. Common Stock had a negative net margin of 80.68% and a negative return on equity of 2,070.87%. The business had revenue of $6.15 million during the quarter.

Analyst Ratings Changes

Several research firms have recently issued reports on BGDE. Wall Street Zen upgraded shares of Big Digital Energy, Inc. Common Stock from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings upgraded Big Digital Energy, Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce”.

About Big Digital Energy, Inc. Common Stock

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.