BTGO (NYSE:BTGO) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of BTGO (NYSE:BTGO) to a hold rating in a report published on Saturday.

BTGO Price Performance

BTGO stock opened at $13.47 on Friday. BTGO has a 52 week low of $11.82 and a 52 week high of $24.50.

Insiders Place Their Bets

In other BTGO news, CRO Chen Fang sold 250,000 shares of BTGO stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $16.74, for a total transaction of $4,185,000.00. Following the transaction, the executive owned 1,233,491 shares of the company’s stock, valued at $20,648,639.34. The trade was a 16.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Jody Mettler sold 25,000 shares of the company’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $16.74, for a total value of $418,500.00. Following the completion of the transaction, the chief operating officer owned 25,000 shares in the company, valued at $418,500. This represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 436,007 shares of company stock valued at $7,298,757 over the last ninety days.

About BTGO

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.