Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Major Shareholder Purchases $103,360.00 in Stock

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) major shareholder Endeavor Blockchain, Llc purchased 16,000 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was purchased at an average cost of $6.46 per share, with a total value of $103,360.00. Following the acquisition, the insider owned 1,646,000 shares in the company, valued at approximately $10,633,160. This represents a 0.98% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own at least 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 Wednesday, September 2nd, Endeavor Blockchain, Llc acquired 4,000 shares of Big Digital Energy, Inc. Common Stock stock. The shares were purchased at an average cost of $6.29 per share, for a total transaction of $25,160.00.
• On Monday, August 31st, Endeavor Blockchain, Llc acquired 30,000 shares of Big Digital Energy, Inc. Common Stock stock. The shares were 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 stock was purchased at an average price of $7.25 per share, with a total value of $978.75.
• On Friday, August 21st, Endeavor Blockchain, Llc bought 6,000 shares of Big Digital Energy, Inc. Common Stock stock. The stock was purchased at an average cost 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 shares were acquired at an average price of $7.09 per share, for a total transaction of $14,874.82.
• On Tuesday, August 18th, Endeavor Blockchain, Llc purchased 16,000 shares of Big Digital Energy, Inc. Common Stock stock. The shares were 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 purchased 14,600 shares of Big Digital Energy, Inc. Common Stock stock. The stock was acquired at an average cost of $7.18 per share, for a total transaction of $104,828.00.
• On Friday, August 14th, Endeavor Blockchain, Llc acquired 39,090 shares of Big Digital Energy, Inc. Common Stock stock. The stock was 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 stock was acquired 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 acquired at an average cost of $7.05 per share, with a total value of $309,396.30.

Big Digital Energy, Inc. Common Stock Stock Up 3.5%

Shares of BGDE opened at $6.87 on Friday. The stock has a market cap of $38.88 million, a price-to-earnings ratio of -0.55 and a beta of 4.98. Big Digital Energy, Inc. Common Stock has a 12 month low of $1.70 and a 12 month high of $40.00. The company has a 50-day moving average price of $6.57 and a two-hundred day moving average price of $5.66.

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

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Weiss Ratings upgraded Big Digital Energy, Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, June 16th. Wall Street Zen raised Big Digital Energy, Inc. Common Stock from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus 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.