Liam Daniel Wilson Acquires 30,769 Shares of Keel Infrastructure (NASDAQ:KEEL) Stock

Key Points

• COO Liam Daniel Wilson purchased 30,769 Keel Infrastructure shares at an average price of $3.25, investing nearly $100,000 and increasing his ownership by 43.82% to 100,978 shares.
• KEEL shares rose 3.7% to $3.37, but the company reported a quarterly loss of $0.11 per share on $30.43 million in revenue and continues to post deeply negative profitability metrics.
• Analysts maintain a consensus “Moderate Buy” rating with a $6.25 price target, while institutional investors—including Bank of New York Mellon—have recently established positions; institutions own 20.59% of the stock.

Keel Infrastructure (NASDAQ:KEEL - Get Free Report) COO Liam Daniel Wilson purchased 30,769 shares of the business's stock in a transaction on Thursday, August 20th. The stock was purchased at an average price of $3.25 per share, with a total value of $99,999.25. Following the purchase, the chief operating officer owned 100,978 shares of the company's stock, valued at approximately $328,178.50. The trade was a 43.82% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Keel Infrastructure Trading Up 3.7%

Shares of KEEL traded up $0.12 during midday trading on Thursday, reaching $3.37. The stock had a trading volume of 38,441,323 shares, compared to its average volume of 39,487,906. The company's 50 day simple moving average is $4.60. Keel Infrastructure has a one year low of $1.21 and a one year high of $7.37. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of -11.23 and a beta of 4.14. The company has a debt-to-equity ratio of 3.11, a quick ratio of 16.10 and a current ratio of 16.26.

Keel Infrastructure (NASDAQ:KEEL - Get Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $30.43 million for the quarter. Keel Infrastructure had a negative return on equity of 66.18% and a negative net margin of 230.59%.During the same quarter in the previous year, the company earned ($0.05) EPS. As a group, research analysts forecast that Keel Infrastructure will post -0.43 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

KEEL has been the topic of several research analyst reports. Weiss Ratings restated a "sell (d-)" rating on shares of Keel Infrastructure in a research note on Monday, July 13th. Lake Street Capital set a $5.50 target price on Keel Infrastructure in a research note on Monday, May 11th. Citigroup reissued a "buy" rating on shares of Keel Infrastructure in a report on Monday, August 10th. Alliance Global Partners restated a "buy" rating on shares of Keel Infrastructure in a research note on Monday, May 11th. Finally, Citizens Jmp assumed coverage on Keel Infrastructure in a research note on Wednesday, June 24th. They issued an "outperform" rating and a $10.00 price target on the stock. Seven research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $6.25.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Compass Financial Management LLC bought a new stake in shares of Keel Infrastructure during the second quarter worth approximately $348,000. Public Employees Retirement System of Ohio bought a new position in shares of Keel Infrastructure during the second quarter worth approximately $817,000. Van ECK Associates Corp bought a new position in shares of Keel Infrastructure during the second quarter worth approximately $1,217,000. Susquehanna Advisors Group Inc. acquired a new stake in Keel Infrastructure during the 2nd quarter worth approximately $1,333,000. Finally, Bank of New York Mellon Corp acquired a new stake in Keel Infrastructure during the 2nd quarter worth approximately $9,989,000. 20.59% of the stock is owned by institutional investors.

Keel Infrastructure Company Profile

Bitfarms Ltd. is a bitcoin mining company. It provides vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services to deliver operational performance and uptime. Bitfarms Ltd. is based in TORONTO, Ontario.

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