Digi International Inc. (NASDAQ:DGII) VP David H. Sampsell sold 15,000 shares of the business’s stock in a transaction on Tuesday, November 17th. The stock was sold at an average price of $17.27, for a total value of $259,050.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
David H. Sampsell also recently made the following trade(s):
- On Thursday, November 19th, David H. Sampsell sold 32,654 shares of Digi International stock. The stock was sold at an average price of $17.25, for a total value of $563,281.50.
Digi International stock opened at $16.82 on Friday. The stock has a market cap of $488.39 million, a PE ratio of 58.00, a price-to-earnings-growth ratio of 1.94 and a beta of 1.84. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.94 and a current ratio of 2.78. Digi International Inc. has a one year low of $6.18 and a one year high of $18.95. The stock has a fifty day moving average of $16.25 and a 200 day moving average of $13.29.
Digi International (NASDAQ:DGII) last issued its quarterly earnings results on Thursday, November 12th. The technology company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07. The business had revenue of $73.17 million during the quarter, compared to analysts’ expectations of $72.04 million. Digi International had a return on equity of 3.17% and a net margin of 3.01%. The business’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.18 earnings per share. As a group, sell-side analysts predict that Digi International Inc. will post 0.43 EPS for the current fiscal year.
Several research firms have recently weighed in on DGII. Lake Street Capital restated a “market perform” rating and issued a $18.00 price target on shares of Digi International in a research note on Friday, August 14th. Zacks Investment Research upgraded Digi International from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Tuesday, November 17th. Roth Capital restated a “buy” rating and issued a $20.00 price target on shares of Digi International in a research note on Friday, August 14th. BidaskClub upgraded Digi International from a “sell” rating to a “hold” rating in a research note on Thursday, October 1st. Finally, Craig Hallum boosted their price target on Digi International from $19.00 to $22.00 in a research note on Friday, November 13th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Digi International presently has an average rating of “Hold” and an average target price of $19.38.
A number of institutional investors and hedge funds have recently modified their holdings of DGII. Nisa Investment Advisors LLC purchased a new stake in Digi International in the third quarter worth about $48,000. BNP Paribas Arbitrage SA increased its position in Digi International by 323.0% in the third quarter. BNP Paribas Arbitrage SA now owns 7,110 shares of the technology company’s stock worth $111,000 after buying an additional 5,429 shares in the last quarter. US Bancorp DE increased its position in Digi International by 20.7% in the second quarter. US Bancorp DE now owns 10,925 shares of the technology company’s stock worth $127,000 after buying an additional 1,873 shares in the last quarter. Cornerstone Investment Partners LLC purchased a new stake in Digi International in the third quarter worth about $173,000. Finally, SG Americas Securities LLC increased its position in Digi International by 52.7% in the second quarter. SG Americas Securities LLC now owns 15,806 shares of the technology company’s stock worth $184,000 after buying an additional 5,454 shares in the last quarter. Institutional investors and hedge funds own 78.55% of the company’s stock.
About Digi International
Digi International Inc provides Internet of Things connectivity products, services, and solutions in North America, Europe, the Middle East, Africa, and internationally. The company operates in two segments, IoT Products & Services and IoT Solutions. It offers cellular routers that provide connectivity for devices over a cellular data network; cellular gateway products that enable devices or groups of devices to be networked in locations where there is no existing network or where access to a network is prohibited; radio frequency products that utilize a range of wireless protocols for PC-to-device or device-to-device connectivity; and Connect, Rabbit, and ARM-based embedded systems on module and single board computers for medical, transportation, and industrial device manufacturers.
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