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

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) major shareholder Endeavor Blockchain, Llc acquired 30,000 shares of the business’s stock in a transaction dated Monday, August 31st. The shares were bought at an average price of $6.66 per share, with a total value of $199,800.00. Following the transaction, the insider directly owned 1,630,000 shares in the company, valued at approximately $10,855,800. The trade was a 1.87% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 Wednesday, September 2nd, Endeavor Blockchain, Llc bought 4,000 shares of Big Digital Energy, Inc. Common Stock stock. The stock was bought at an average price of $6.29 per share, for a total transaction of $25,160.00.
• On Tuesday, September 1st, Endeavor Blockchain, Llc bought 16,000 shares of Big Digital Energy, Inc. Common Stock stock. The shares were bought at an average cost 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 stock was bought at an average price of $7.25 per share, with a total value of $978.75.
• On Friday, August 21st, Endeavor Blockchain, Llc purchased 6,000 shares of Big Digital Energy, Inc. Common Stock stock. The stock was bought at an average cost of $7.52 per share, for a total transaction of $45,120.00.
• On Thursday, August 20th, Endeavor Blockchain, Llc acquired 2,098 shares of Big Digital Energy, Inc. Common Stock stock. The shares were bought at an average price of $7.09 per share, for a total transaction of $14,874.82.
• On Tuesday, August 18th, Endeavor Blockchain, Llc bought 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 bought 14,600 shares of Big Digital Energy, Inc. Common Stock stock. The stock was purchased at an average price of $7.18 per share, with a total value 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 cost of $6.72 per share, for a total transaction of $262,684.80.
• On Tuesday, June 30th, Endeavor Blockchain, Llc purchased 16,700 shares of Big Digital Energy, Inc. Common Stock stock. The shares were purchased at an average price of $1,000.00 per share, for a total transaction 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 purchased at an average price of $7.05 per share, with a total value of $309,396.30.

Big Digital Energy, Inc. Common Stock Price Performance

Big Digital Energy, Inc. Common Stock stock traded up $0.03 during midday trading on Wednesday, reaching $6.25. The stock had a trading volume of 65,974 shares, compared to its average volume of 299,142. The firm’s fifty day simple moving average is $6.73 and its two-hundred day simple moving average is $5.60. Big Digital Energy, Inc. Common Stock has a twelve month low of $1.70 and a twelve month high of $40.00. The firm has a market cap of $35.38 million, a price-to-earnings ratio of -0.50 and a beta of 4.98.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) last announced its earnings results on Friday, August 14th. The company reported ($1.33) earnings per share (EPS) for the quarter. The firm had revenue of $6.15 million 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%.

Analyst Upgrades and Downgrades

Several research firms have weighed in 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 shares of Big Digital Energy, Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 16th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce”.

About Big Digital Energy, Inc. Common Stock

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.