BTGO (NYSE:BTGO) Research Coverage Started at Rosenblatt Securities

Rosenblatt Securities started coverage on shares of BTGO (NYSE:BTGO) in a report issued on Tuesday, Marketbeat.com reports. The brokerage issued a buy rating and a $17.00 price target on the stock.

Several other equities analysts have also issued reports on the company. Wall Street Zen upgraded BTGO to a “hold” rating in a research note on Saturday, January 31st. Craig Hallum started coverage on BTGO in a research note on Tuesday. They set a “buy” rating and a $18.00 target price for the company. Finally, Wedbush started coverage on shares of BTGO in a research note on Tuesday. They issued an “outperform” rating and a $15.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, BTGO has an average rating of “Buy” and a consensus price target of $16.05.

BTGO Price Performance

Shares of NYSE:BTGO opened at $10.53 on Tuesday. BTGO has a 1 year low of $9.52 and a 1 year high of $24.50.

Insider Transactions at BTGO

In other BTGO news, CFO Edward Reginelli sold 45,000 shares of the business’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $16.74, for a total transaction of $753,300.00. Following the sale, the chief financial officer directly owned 539,000 shares of the company’s stock, valued at $9,022,860. The trade was a 7.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Jody Mettler sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $16.74, for a total transaction of $418,500.00. Following the completion of the transaction, the chief operating officer owned 25,000 shares of the company’s stock, valued at approximately $418,500. This trade represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 436,007 shares of company stock valued at $7,298,757.

More BTGO News

Here are the key news stories impacting BTGO this week:

• Positive Sentiment: Multiple brokerages initiated coverage with constructive ratings and mid‑teens price targets (Mizuho Outperform $17, Canaccord Buy $15, Clear Street Buy $18), highlighting BitGo’s institutional custody scale and recurring revenue — this broker interest is driving buying. BitGo (BTGO) Stock: Mizuho, Canaccord and Clear Street Initiate With Buy Ratings
• Positive Sentiment: Zacks/Clear Street moved to a “strong‑buy” view in a note cited by Zacks, adding to the positive analyst momentum. Zacks: Clear Str Llc Upgrade
• Neutral Sentiment: Major firms (Deutsche Bank, Citigroup, Goldman Sachs, Wedbush, Rosenblatt, Craig Hallum, Compass Point and others) have initiated coverage — increasing analyst attention and liquidity but with mixed stances and no uniform consensus yet. Deutsche Bank Initiates Coverage
• Neutral Sentiment: Coverage expansion from large banks raises visibility and could sustain volume, but impacts will depend on each firm’s rating and price target. Coverage Initiation Examples
• Negative Sentiment: Countering the optimism, analysis notes BTGO has fallen ~41.2% YTD and still trades well below its 1‑year high, raising valuation and execution risk concerns; some investors may view current rallies as short‑covering. Is Bitgo Holdings (BTGO) Pricing Reflect Its 41.2% YTD Share Price Decline

BTGO Company Profile

BitGo Holdings Inc is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins and settlement services from regulated cold storage. BitGo Holdings Inc is based in NEW YORK.