BTGO (NYSE:BTGO) Research Coverage Started at Compass Point

Compass Point assumed coverage on shares of BTGO (NYSE:BTGO) in a report published on Tuesday, Marketbeat reports. The brokerage issued a buy rating and a $17.00 price target on the stock.

A number of other research firms have also recently issued reports on BTGO. Mizuho began coverage on shares of BTGO in a research note on Tuesday. They issued an “outperform” rating and a $17.00 price target on the stock. Craig Hallum assumed coverage on shares of BTGO in a research report on Tuesday. They issued a “buy” rating and a $18.00 target price on the stock. Wedbush initiated coverage on shares of BTGO in a research report on Tuesday. They set an “outperform” rating and a $15.00 price target for the company. Canaccord Genuity Group assumed coverage on shares of BTGO in a research note on Tuesday. They issued a “buy” rating and a $15.00 price target on the stock. Finally, Wall Street Zen upgraded BTGO to a “hold” rating in a research note on Saturday, January 31st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $16.05.

BTGO Stock Performance

Shares of BTGO opened at $10.53 on Tuesday. BTGO has a 12 month low of $9.52 and a 12 month high of $24.50.

Insider Buying and Selling at BTGO

In other news, insider Jeff Peter Horowitz sold 116,007 shares of the business’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $16.74, for a total transaction of $1,941,957.18. Following the transaction, the insider directly owned 311,118 shares in the company, valued at $5,208,115.32. The trade was a 27.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Edward Reginelli sold 45,000 shares of the company’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $16.74, for a total value of $753,300.00. Following the completion of the sale, the chief financial officer owned 539,000 shares of the company’s stock, valued at $9,022,860. This trade represents a 7.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 436,007 shares of company stock valued at $7,298,757.

Trending Headlines about BTGO

Here are the key news stories impacting BTGO this week:

• Positive Sentiment: Multiple brokerages initiated coverage with constructive ratings and mid‑teens price targets (Mizuho Outperform $17, Canaccord Buy $15, Clear Street Buy $18), highlighting BitGo’s institutional custody scale and recurring revenue — this broker interest is driving buying. BitGo (BTGO) Stock: Mizuho, Canaccord and Clear Street Initiate With Buy Ratings
• Positive Sentiment: Zacks/Clear Street moved to a “strong‑buy” view in a note cited by Zacks, adding to the positive analyst momentum. Zacks: Clear Str Llc Upgrade
• Neutral Sentiment: Major firms (Deutsche Bank, Citigroup, Goldman Sachs, Wedbush, Rosenblatt, Craig Hallum, Compass Point and others) have initiated coverage — increasing analyst attention and liquidity but with mixed stances and no uniform consensus yet. Deutsche Bank Initiates Coverage
• Neutral Sentiment: Coverage expansion from large banks raises visibility and could sustain volume, but impacts will depend on each firm’s rating and price target. Coverage Initiation Examples
• Negative Sentiment: Countering the optimism, analysis notes BTGO has fallen ~41.2% YTD and still trades well below its 1‑year high, raising valuation and execution risk concerns; some investors may view current rallies as short‑covering. Is Bitgo Holdings (BTGO) Pricing Reflect Its 41.2% YTD Share Price Decline

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.