Insider Buying: Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Major Shareholder Buys $199,800.00 in Stock

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) major shareholder Endeavor Blockchain, Llc acquired 30,000 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was purchased at an average price of $6.66 per share, for a total transaction of $199,800.00. Following the acquisition, the insider directly owned 1,630,000 shares of the company’s stock, valued at $10,855,800. The trade was a 1.87% increase in their position. The purchase was disclosed in a filing with the SEC, 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 Wednesday, September 2nd, Endeavor Blockchain, Llc acquired 4,000 shares of Big Digital Energy, Inc. Common Stock stock. The stock was acquired at an average cost of $6.29 per share, with a total value of $25,160.00.
• On Tuesday, September 1st, Endeavor Blockchain, Llc bought 16,000 shares of Big Digital Energy, Inc. Common Stock stock. The stock was bought at an average price of $6.46 per share, with a total value of $103,360.00.
• On Thursday, August 27th, Endeavor Blockchain, Llc purchased 135 shares of Big Digital Energy, Inc. Common Stock stock. The shares were purchased at an average price of $7.25 per share, with a total value of $978.75.
• On Friday, August 21st, Endeavor Blockchain, Llc acquired 6,000 shares of Big Digital Energy, Inc. Common Stock stock. The stock was acquired at an average cost of $7.52 per share, with a total value of $45,120.00.
• On Thursday, August 20th, Endeavor Blockchain, Llc bought 2,098 shares of Big Digital Energy, Inc. Common Stock stock. The shares were purchased at an average cost of $7.09 per share, for a total transaction of $14,874.82.
• On Tuesday, August 18th, Endeavor Blockchain, Llc acquired 16,000 shares of Big Digital Energy, Inc. Common Stock stock. The stock was purchased at an average price 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 purchased at an average price of $7.18 per share, for a total transaction 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 bought 16,700 shares of Big Digital Energy, Inc. Common Stock stock. The stock was purchased 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 stock was acquired at an average cost of $7.05 per share, for a total transaction of $309,396.30.

Big Digital Energy, Inc. Common Stock Stock Performance

Shares of BGDE stock traded up $0.03 during mid-day trading on Wednesday, reaching $6.25. The company’s stock had a trading volume of 65,974 shares, compared to its average volume of 299,142. The firm’s 50-day moving average is $6.73 and its two-hundred day moving average is $5.60. The company has a market cap of $35.38 million, a P/E ratio of -0.50 and a beta of 4.98. Big Digital Energy, Inc. Common Stock has a 1-year low of $1.70 and a 1-year high of $40.00.

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

Wall Street Analysts Forecast Growth

Several brokerages recently commented on BGDE. Wall Street Zen raised Big Digital Energy, Inc. Common Stock from a “sell” rating to a “hold” rating in a research note on Saturday, August 22nd. Weiss Ratings upgraded Big Digital Energy, Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, June 16th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Big Digital Energy, Inc. Common Stock 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.