Digi Power X (DGXX) CEO Amar Michel Buys $55K of Stock

CEO Amar Michel bought 20,000 shares of Digi Power X Inc. (DGXX) on October 14, 2026, at a price of $2.76 per share, totaling $55,256. This purchase comes as the stock trades below its recent averages and is significantly off its 52-week high.

Inside Amar Michel's Trade

Michel's purchase was not part of a planned transaction. The acquisition increases his stake in the company, which operates in the utilities sector, focusing on energy infrastructure and data centers. The stock's performance has been weak, currently trading below both its 50-day and 200-day moving averages.

Other Institutional Activity in Digi Power X

Several institutional investors have been active in Digi Power X. Vident Advisory, LLC added 1,830,898 shares, bringing its total to 2,671,839 shares valued at about $7 million. Kadensa Capital Ltd. increased its holdings by 1,168,076 shares, ending with 2,336,152 shares worth roughly $6.1 million. Qube Research & Technologies Ltd. also grew its stake by 559,823 shares, totaling 1,119,646 shares valued at around $2.9 million. Citadel Advisors LLC significantly boosted its position by 877,352 shares, now holding 1,072,862 shares worth about $2.8 million. In contrast, Vennlight Capital Management, LP reduced its stake by 1,952,938 shares, leaving it with 966,252 shares valued at about $2.5 million.

Digi Power X Inc. Stock Down 1.3%

As of October 16, 2026, Digi Power X shares are trading around $2.75, which is 27.4% below the 50-day moving average of $3.79 and 30.8% below the 200-day average of $3.98. The stock is also down approximately 70.1% from its 52-week high of $9.20 but is above its 52-week low of $1.86 by 47.8%. This performance suggests that the shares are currently undervalued compared to historical highs.

Recent Earnings

Digi Power X reported trailing twelve-month revenue of $31.4 million, with a year-over-year revenue decline of 18.3%. The company posted an earnings per share (EPS) of -$0.57, indicating it has not been profitable recently. The next earnings report is scheduled for November 12, 2026, and investors will be watching closely for any signs of recovery.

Insider Buying and Selling at Digi Power X Inc.

This lack of other insider activity may suggest a focus on long-term growth or a wait-and-see approach among other executives.

About Digi Power X Inc.

Digi Power X Inc. is an energy infrastructure company based in Miami, Florida. It focuses on developing data centers to expand energy assets across the United States, providing services in cryptocurrency mining, energy sales, and colocation. The company was previously known as Digihost Technology Inc. and changed its name to better reflect its current operations.

Bottom Line

Investors will be watching Digi Power X closely as it approaches its next earnings date on November 12, 2026. The recent insider buying by CEO Amar Michel may signal confidence in the company's future as it seeks to recover from recent financial struggles.