Insider Buying: Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Major Shareholder Buys 39,090 Shares of Stock

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) major shareholder Endeavor Blockchain, Llc bought 39,090 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were acquired at an average price of $6.72 per share, for a total transaction of $262,684.80. Following the transaction, the insider directly owned 1,570,000 shares in the company, valued at approximately $10,550,400. This represents a 2.55% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 stock was bought at an average cost of $6.73 per share, with a total value 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 purchased at an average price of $7.18 per share, with a total value of $104,828.00.
• On Tuesday, June 30th, Endeavor Blockchain, Llc purchased 16,700 shares of Big Digital Energy, Inc. Common Stock stock. The shares were purchased at an average cost of $1,000.00 per share, for a total transaction of $16,700,000.00.
• On Thursday, June 11th, Endeavor Blockchain, Llc purchased 43,886 shares of Big Digital Energy, Inc. Common Stock stock. The stock was purchased at an average cost 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 stock was acquired at an average price of $7.33 per share, for a total transaction of $188,996.72.

Big Digital Energy, Inc. Common Stock Stock Down 6.1%

NASDAQ:BGDE traded down $0.43 on Tuesday, reaching $6.57. The company’s stock had a trading volume of 59,159 shares, compared to its average volume of 72,976. The firm has a market cap of $36.27 million, a price-to-earnings ratio of -0.52 and a beta of 5.05. 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 50 day moving average price of $7.15 and a 200 day moving average price of $5.35.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) last issued its quarterly earnings data on Friday, August 14th. The company reported ($1.33) earnings per share (EPS) for the quarter. The company had revenue of $6.15 million for the quarter.

Wall Street Analysts Forecast Growth

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 research note on Tuesday, June 16th. Wall Street Zen downgraded shares of Big Digital Energy, Inc. Common Stock from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average 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.