Insider Buying: Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Major Shareholder Purchases $14,874.82 in Stock

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) major shareholder Endeavor Blockchain, Llc bought 2,098 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were bought at an average cost of $7.09 per share, for a total transaction of $14,874.82. Following the transaction, the insider directly owned 20,855 shares in the company, valued at approximately $147,861.95. This represents a 11.19% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Endeavor Blockchain, Llc also recently made the following trade(s):

• On Friday, August 21st, Endeavor Blockchain, Llc purchased 6,000 shares of Big Digital Energy, Inc. Common Stock stock. The stock was bought at an average cost of $7.52 per share, with a total value of $45,120.00.
• 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 bought at an average price of $7.18 per share, with a total value of $104,828.00.
• On Friday, August 14th, Endeavor Blockchain, Llc acquired 39,090 shares of Big Digital Energy, Inc. Common Stock stock. The shares were bought 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 shares were bought 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 bought 43,886 shares of Big Digital Energy, Inc. Common Stock stock. The stock was bought at an average price of $7.05 per share, for a total transaction of $309,396.30.
• On Friday, June 12th, Endeavor Blockchain, Llc bought 25,784 shares of Big Digital Energy, Inc. Common Stock stock. The stock was purchased at an average price of $7.33 per share, with a total value of $188,996.72.

Big Digital Energy, Inc. Common Stock Stock Performance

BGDE stock opened at $7.44 on Monday. The firm has a market cap of $42.11 million, a price-to-earnings ratio of -0.59 and a beta of 5.05. The firm has a 50-day simple moving average of $7.16 and a two-hundred day simple moving average of $5.41. Big Digital Energy, Inc. Common Stock has a one year low of $1.70 and a one year high of $40.00.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) last released its quarterly earnings results 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 firm had revenue of $6.15 million during the quarter.

Analyst Ratings Changes

Several brokerages have weighed in on BGDE. 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 upgraded Big Digital Energy, Inc. Common Stock from a “sell” rating to a “hold” rating in a report on Saturday. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently 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.