Bitcoin Depot Inc. (NASDAQ:BTM) Insider Brandon Taylor Mintz Sells 50,000 Shares of Stock

Bitcoin Depot Inc. (NASDAQ:BTMGet Free Report) insider Brandon Taylor Mintz sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $1.73, for a total value of $86,500.00. Following the completion of the sale, the insider now owns 696,702 shares in the company, valued at approximately $1,205,294.46. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Brandon Taylor Mintz also recently made the following trade(s):

  • On Wednesday, March 27th, Brandon Taylor Mintz sold 62,865 shares of Bitcoin Depot stock. The stock was sold at an average price of $1.99, for a total value of $125,101.35.

Bitcoin Depot Trading Up 3.0 %

Shares of BTM stock opened at $1.71 on Thursday. Bitcoin Depot Inc. has a 52-week low of $1.58 and a 52-week high of $11.15. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 3.16. The stock has a fifty day simple moving average of $2.31 and a two-hundred day simple moving average of $2.43.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. B. Riley cut their price target on Bitcoin Depot from $6.00 to $4.00 and set a “buy” rating on the stock in a research note on Tuesday, March 26th. Northland Securities initiated coverage on Bitcoin Depot in a research note on Wednesday, December 20th. They issued a “market perform” rating and a $3.50 price target on the stock. Finally, HC Wainwright lowered their price objective on Bitcoin Depot from $5.00 to $4.00 and set a “buy” rating on the stock in a research report on Tuesday, March 26th.

View Our Latest Stock Report on Bitcoin Depot

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP bought a new position in shares of Bitcoin Depot in the 4th quarter valued at about $35,000. Cowen AND Company LLC acquired a new position in Bitcoin Depot during the third quarter valued at $35,000. Vanguard Group Inc. acquired a new position in Bitcoin Depot during the third quarter valued at $45,000. Northern Trust Corp acquired a new position in Bitcoin Depot during the fourth quarter valued at $61,000. Finally, Owl Creek Asset Management L.P. acquired a new position in shares of Bitcoin Depot in the fourth quarter worth about $68,000. Hedge funds and other institutional investors own 9.18% of the company’s stock.

Bitcoin Depot Company Profile

(Get Free Report)

Bitcoin Depot Inc owns and operates a network of cryptocurrency kiosks in North America. It provides users to buy and sell bitcoin, litecoin, and ethereum cryptocurrencies; and engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering and through its website over the counter trade.

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