Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Major Shareholder Endeavor Blockchain, Llc Buys 6,000 Shares of Stock

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) major shareholder Endeavor Blockchain, Llc acquired 6,000 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was bought at an average cost of $7.52 per share, for a total transaction of $45,120.00. Following the purchase, the insider directly owned 105,000 shares of the company’s stock, valued at approximately $789,600. This trade represents a 6.06% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large 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 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 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 shares were bought 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 bought 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, 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 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 shares were purchased at an average cost of $7.05 per share, for a total transaction of $309,396.30.
• On Friday, June 12th, Endeavor Blockchain, Llc purchased 25,784 shares of Big Digital Energy, Inc. Common Stock stock. The shares were purchased at an average cost of $7.33 per share, for a total transaction of $188,996.72.

Big Digital Energy, Inc. Common Stock Price Performance

BGDE opened at $7.44 on Friday. The firm has a market cap of $42.11 million, a P/E ratio of -0.59 and a beta of 5.05. Big Digital Energy, Inc. Common Stock has a 1-year low of $1.70 and a 1-year high of $40.00. The company has a 50 day simple moving average of $7.16 and a two-hundred day simple moving average of $5.40.

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

Analyst Upgrades and Downgrades

BGDE has been the topic of a number of recent analyst reports. Weiss Ratings raised Big Digital Energy, Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 16th. Wall Street Zen raised Big Digital Energy, Inc. Common Stock from a “sell” rating to a “hold” rating in a research note on Saturday. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Big Digital Energy, Inc. Common Stock presently has a consensus 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.