Mawson Infrastructure Group Inc. (NASDAQ:MIGI – Get Free Report) major shareholder Endeavor Blockchain, Llc acquired 50,000 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The shares were bought at an average cost of $5.06 per share, with a total value of $253,000.00. Following the completion of the acquisition, the insider directly owned 200,000 shares of the company’s stock, valued at $1,012,000. The trade was a 33.33% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own more than 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 Tuesday, December 16th, Endeavor Blockchain, Llc acquired 20,245 shares of Mawson Infrastructure Group stock. The stock was acquired at an average price of $4.07 per share, for a total transaction of $82,397.15.
- On Monday, December 15th, Endeavor Blockchain, Llc purchased 60,000 shares of Mawson Infrastructure Group stock. The shares were acquired at an average price of $4.36 per share, for a total transaction of $261,600.00.
- On Friday, December 12th, Endeavor Blockchain, Llc purchased 98,000 shares of Mawson Infrastructure Group stock. The shares were bought at an average cost of $5.37 per share, with a total value of $526,260.00.
- On Thursday, December 11th, Endeavor Blockchain, Llc bought 124,000 shares of Mawson Infrastructure Group stock. The shares were purchased at an average price of $8.44 per share, for a total transaction of $1,046,560.00.
- On Wednesday, December 10th, Endeavor Blockchain, Llc bought 105,005 shares of Mawson Infrastructure Group stock. The shares were acquired at an average cost of $6.01 per share, for a total transaction of $631,080.05.
- On Tuesday, December 9th, Endeavor Blockchain, Llc bought 70,106 shares of Mawson Infrastructure Group stock. The stock was bought at an average cost of $4.74 per share, for a total transaction of $332,302.44.
- On Monday, December 8th, Endeavor Blockchain, Llc bought 50,301 shares of Mawson Infrastructure Group stock. The stock was acquired at an average cost of $4.37 per share, with a total value of $219,815.37.
- On Friday, December 5th, Endeavor Blockchain, Llc acquired 110,191 shares of Mawson Infrastructure Group stock. The shares were purchased at an average price of $4.39 per share, for a total transaction of $483,738.49.
- On Wednesday, December 3rd, Endeavor Blockchain, Llc acquired 59,832 shares of Mawson Infrastructure Group stock. The stock was purchased at an average cost of $4.84 per share, with a total value of $289,586.88.
- On Tuesday, December 2nd, Endeavor Blockchain, Llc acquired 18,599 shares of Mawson Infrastructure Group stock. The stock was acquired at an average cost of $4.90 per share, for a total transaction of $91,135.10.
Mawson Infrastructure Group Stock Performance
NASDAQ MIGI traded up $0.05 on Thursday, reaching $4.46. 254,806 shares of the stock traded hands, compared to its average volume of 262,056. Mawson Infrastructure Group Inc. has a 12 month low of $3.79 and a 12 month high of $40.00. The company has a market cap of $5.10 million, a price-to-earnings ratio of -0.35 and a beta of 4.55. The company has a fifty day moving average price of $5.33 and a 200-day moving average price of $10.53.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Mawson Infrastructure Group from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Mawson Infrastructure Group in a research note on Friday, October 31st. Finally, Zacks Research raised shares of Mawson Infrastructure Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 28th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Mawson Infrastructure Group presently has an average rating of “Reduce”.
View Our Latest Stock Report on MIGI
About Mawson Infrastructure Group
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.
See Also
- Five stocks we like better than Mawson Infrastructure Group
- Trump’s AI Secret: 100X Faster Than Nvidia
- The Crash Has Already Started (Most Just Don’t See It Yet)
- Wall Street Alert: Buy AES
- New gold price target
- Trump Planning to Use Public Law 63-43: Prepare Now
Receive News & Ratings for Mawson Infrastructure Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mawson Infrastructure Group and related companies with MarketBeat.com's FREE daily email newsletter.
