BTGO (NYSE:BTGO) CFO Edward Reginelli Sells 9,021 Shares

BTGO (NYSE:BTGO) CFO Edward Reginelli sold 9,021 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $4.89, for a total transaction of $44,112.69. Following the completion of the sale, the chief financial officer owned 582,489 shares of the company’s stock, valued at approximately $2,848,371.21. This trade represents a 1.53% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Edward Reginelli also recently made the following trade(s):

• On Wednesday, July 8th, Edward Reginelli sold 94 shares of BTGO stock. The stock was sold at an average price of $4.97, for a total transaction of $467.18.
• On Thursday, June 11th, Edward Reginelli sold 91 shares of BTGO stock. The stock was sold at an average price of $5.12, for a total transaction of $465.92.

BTGO Stock Performance

Shares of NYSE:BTGO opened at $4.95 on Wednesday. The firm’s fifty day moving average price is $5.52. BTGO has a 12-month low of $4.66 and a 12-month high of $24.50. The firm has a market cap of $573.54 million and a P/E ratio of -3.83.

BTGO (NYSE:BTGO) last released its earnings results on Wednesday, May 13th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.55). The firm had revenue of $3.77 billion during the quarter. The firm’s revenue was up 112.6% on a year-over-year basis. Analysts expect that BTGO will post -0.32 EPS for the current year.

BTGO declared that its board has authorized a stock repurchase plan on Wednesday, June 17th that allows the company to buyback $50.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 7.9% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Weiss Ratings restated a “sell (d)” rating on shares of BTGO in a research report on Monday, July 13th. Cantor Fitzgerald reiterated an “overweight” rating on shares of BTGO in a report on Monday, June 22nd. Wall Street Zen lowered shares of BTGO from a “hold” rating to a “sell” rating in a research report on Sunday, May 17th. Finally, Mizuho decreased their price target on shares of BTGO from $17.00 to $14.00 and set an “outperform” rating for the company in a report on Wednesday, April 1st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, BTGO currently has an average rating of “Moderate Buy” and an average price target of $15.14.

Trending Headlines about BTGO

Here are the key news stories impacting BTGO this week:

• Negative Sentiment: A class action filed in the U.S. District Court for the Eastern District of New York names BitGo and certain officers as defendants. The complaint seeks damages under Sections 11 and 15 of the Securities Act and Sections 10(b) and 20(a) of the Exchange Act for investors who bought shares in or traceable to BitGo’s January 2026 IPO, or purchased securities during the stated class period. Pomerantz class action announcement
• Negative Sentiment: The allegations reportedly center on BitGo’s disclosures concerning its exposure to digital-asset price movements. One investor alert claims the company downplayed the severity of these risks and that subsequent corrective disclosures contributed to investor losses; the allegations have not been proven in court. Levi and Korsinsky investor alert
• Neutral Sentiment: Several firms, including Bronstein Gewirtz & Grossman, Portnoy, Faruqi & Faruqi, Rosen and others, are soliciting investors to seek lead-plaintiff status. The announced deadline is August 7, 2026; these notices largely repeat the same lawsuit rather than represent separate confirmed claims. Portnoy class action announcement
• Negative Sentiment: The lawsuit follows BitGo’s reported quarterly loss of $0.62 per share, substantially worse than the $0.07 consensus estimate, despite revenue growth. The combination of litigation risk, concerns about digital-asset exposure and the earnings miss is weighing on investor sentiment.

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.