6 days Ago By ABMN Staff
Orion Portfolio Solutions LLC acquired a new position in Bit Digital, Inc. ( NASDAQ:BTBT – Free Report ) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 12,827 shares of the company’s stock, valued at approximately $38,000.
Several other large investors have also made changes to their positions in the business. Charles Schwab Investment Management Inc. increased its position in Bit Digital by 192.
0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 806,631 shares of the company’s stock worth $2,831,000 after buying an additional 530,411 shares during the period.
Stifel Financial Corp acquired a new stake in shares of Bit Digital in the third quarter worth $38,000. State Street Corp increased its position in Bit Digital by 1.7% during the third quarter.
State Street Corp now owns 5,597,517 shares of the company’s stock worth $19,647,000 after acquiring an additional 94,762 shares during the period. XTX Topco Ltd boosted its holdings in Bit Digital by 52.4% in the 3rd quarter.
XTX Topco Ltd now owns 146,614 shares of the company’s stock valued at $515,000 after purchasing an additional 50,400 shares during the period. Finally, Barclays PLC grew its position in Bit Digital by 81.4% in the 3rd quarter.
Barclays PLC now owns 235,106 shares of the company’s stock worth $826,000 after purchasing an additional 105,484 shares during the last quarter. Institutional investors and hedge funds own 47.70% of the company’s stock.
Bit Digital Price Performance Shares of Bit Digital stock opened at $1.85 on Friday. Bit Digital, Inc.
has a 52-week low of $1.69 and a 52-week high of $5.74.
The firm has a market capitalization of $283.99 million, a PE ratio of 30.83 and a beta of 6.
05. The company’s fifty day moving average price is $2.44 and its two-hundred day moving average price is $3.
32. Wall Street Analysts Forecast Growth A number of research analysts have recently commented on BTBT shares. HC Wainwright reaffirmed a “buy” rating and set a $7.
00 price objective on shares of Bit Digital in a research report on Monday, March 17th. Craig Hallum initiated coverage on Bit Digital in a report on Tuesday, January 21st. They issued a “buy” rating and a $6.
00 price target for the company. View Our Latest Report on Bit Digital About Bit Digital ( Free Report ) Bit Digital, Inc, together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities.
In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications. Further Reading Want to see what other hedge funds are holding BTBT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bit Digital, Inc.
( NASDAQ:BTBT – Free Report ). Receive News & Ratings for Bit Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bit Digital and related companies with MarketBeat.com's FREE daily email newsletter .
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