Blackstone Digital Infrastructure Trust (NYSE:BXDC) Upgraded at Moffett Nathanson

Blackstone Digital Infrastructure Trust (NYSE:BXDC) was upgraded by research analysts at Moffett Nathanson to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. Royal Bank Of Canada began coverage on Blackstone Digital Infrastructure Trust in a research report on Monday. They issued an “outperform” rating and a $24.00 target price for the company. Sanford C. Bernstein started coverage on Blackstone Digital Infrastructure Trust in a report on Monday. They issued an “outperform” rating and a $26.00 price target for the company. Wells Fargo & Company started coverage on Blackstone Digital Infrastructure Trust in a report on Monday. They issued an “overweight” rating and a $26.00 price target for the company. BNP Paribas Exane started coverage on Blackstone Digital Infrastructure Trust in a report on Monday. They issued an “outperform” rating and a $26.00 price target for the company. Finally, Citigroup started coverage on Blackstone Digital Infrastructure Trust in a report on Monday. They issued a “neutral” rating and a $23.00 price target for the company. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $23.86.

Blackstone Digital Infrastructure Trust Trading Up 1.1%

Shares of NYSE BXDC opened at $22.07 on Monday. Blackstone Digital Infrastructure Trust has a 1-year low of $19.60 and a 1-year high of $22.90.

Insider Activity

In other news, insider Anthony F. Marone, Jr. acquired 10,000 shares of the business’s stock in a transaction on Friday, May 15th. The shares were purchased at an average price of $20.00 per share, for a total transaction of $200,000.00. Following the completion of the purchase, the insider directly owned 10,000 shares of the company’s stock, valued at $200,000. This represents a ? increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Katharine A. Keenan acquired 25,000 shares of the business’s stock in a transaction on Friday, May 15th. The shares were purchased at an average price of $20.00 per share, for a total transaction of $500,000.00. Following the purchase, the director directly owned 25,000 shares of the company’s stock, valued at $500,000. This represents a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 9,557,295 shares of company stock valued at $191,145,900 over the last three months.