NILE Showing Recent Insider Activity

Recent activity shows that BitNile Holdings, NILE the Insider Confidence level is trending Up due to Corporate Insiders of NILE Bought $5.8M worth of shares in the last 3 months.  

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.

Here is a list of the latest insider activity for NILE:
  • 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 reports that BitNile Holdings currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $7.00 . The target pricing ranges from a high forecast of $7.00 down to a low forecast of $7.00. BitNile Holdings (NILE)’s last closing price was $0.249 which would put the average price target at 2715.77% upside.

In addition, TradingView issued a Strong Sell rating for NILE over the next month, 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
Remember, securities are volatile, so please do your own research on NILE. If you are interest in stocks like NILE or stocks in the Industrial Goods sector, please click here. tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from here >>

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This information was sourced from various 3rd party public sources but to get the best insight into insider activity related to NILE, you should consider joining

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