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

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) major shareholder Endeavor Blockchain, Llc acquired 2,098 shares of Big Digital Energy, Inc. Common Stock stock in a transaction that occurred on Thursday, August 20th. The shares were purchased at an average price of $7.09 per share, for a total transaction of $14,874.82. Following the completion of the purchase, the insider directly owned 20,855 shares of the company’s stock, valued at $147,861.95. The trade was a 11.19% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 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 Friday, August 21st, Endeavor Blockchain, Llc acquired 6,000 shares of Big Digital Energy, Inc. Common Stock stock. The shares were acquired at an average cost of $7.52 per share, with a total value of $45,120.00.
• On Tuesday, August 18th, Endeavor Blockchain, Llc bought 16,000 shares of Big Digital Energy, Inc. Common Stock stock. The stock was bought at an average price of $6.73 per share, with a total value of $107,680.00.
• On Monday, August 17th, Endeavor Blockchain, Llc purchased 14,600 shares of Big Digital Energy, Inc. Common Stock stock. The shares were purchased 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 stock was purchased at an average price of $6.72 per share, with a total value of $262,684.80.
• On Tuesday, June 30th, Endeavor Blockchain, Llc acquired 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, with a total value 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 shares were acquired at an average price 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 bought at an average cost of $7.33 per share, with a total value of $188,996.72.

Big Digital Energy, Inc. Common Stock Stock Performance

Shares of NASDAQ:BGDE traded up $0.22 during trading on Friday, reaching $7.44. The company had a trading volume of 85,848 shares, compared to its average volume of 68,550. The firm has a market capitalization of $42.11 million, a PE ratio of -0.59 and a beta of 5.05. Big Digital Energy, Inc. Common Stock has a twelve month low of $1.70 and a twelve month high of $40.00. The firm’s fifty day moving average is $7.16 and its 200 day moving average is $5.40.

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

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Wall Street Zen cut Big Digital Energy, Inc. Common Stock from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Weiss Ratings upgraded shares of Big Digital Energy, Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, June 16th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company 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.