Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
"Insider Buying" is not a crime when the buying is based on public information.
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell. That's why people pay attention to insider buying.
- AULT MILTON C III - EC,Director,>10% Owner, Bought $153,548 worth of shares on 5 days ago
- AULT MILTON C III - EC,Director,>10% Owner, Bought $34,048 worth of shares on 4 days ago
- AULT MILTON C III - EC,Director,>10% Owner, Bought $1,064,425 worth of shares on 1 week ago
- AULT MILTON C III - EC,Director,>10% Owner, Bought $1,622,666 worth of shares on 1 week ago
In addition, TradingView issued a Strong Sell rating for NILE over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook.
BitNile Holdings, NILE
Summary: BitNile Holdings Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies. Through its wholly and majority-owned subsidiaries and strategic investments, the Company owns and operates a data center at which it mines Bitcoin and provides mission-critical products to industries including defense/aerospace, industrial, automotive, telecommunications, medical/biopharm and textiles. In addition, the Company extends credit to select entrepreneurial businesses through a licensed lending subsidiary. BitNile Holdings Inc., formerly known as Ault Global Holdings Inc., is based in LAS VEGAS.
- Last Price: $0.249
- Price Change: -$0.0351, -12.3722%
- Yearly Gain: -90.67%
- Market Cap: $77.99M
- P/E Ratio: -0.523
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