Digi International Inc. (NASDAQ:DGII) VP David H. Sampsell sold 15,000 shares of Digi International stock in a transaction dated Tuesday, November 17th. The shares were 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 accessible through this link.

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 shares were sold at an average price of $17.25, for a total transaction of $563,281.50.

Shares of DGII stock opened at $16.82 on Friday. Digi International Inc. has a fifty-two week low of $6.18 and a fifty-two week high of $18.95. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.94 and a current ratio of 2.78. The firm has a market capitalization of $488.39 million, a price-to-earnings ratio of 58.00, a PEG ratio of 1.94 and a beta of 1.84. The stock’s 50-day simple moving average is $16.25 and its 200-day simple moving average is $13.29.

Digi International (NASDAQ:DGII) last released its earnings results on Thursday, November 12th. The technology company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.07. Digi International had a net margin of 3.01% and a return on equity of 3.17%. The company had revenue of $73.17 million for the quarter, compared to the consensus estimate of $72.04 million. During the same quarter in the previous year, the firm earned $0.18 EPS. Digi International’s revenue was up 12.6% compared to the same quarter last year. As a group, equities analysts forecast that Digi International Inc. will post 0.43 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the company. Strs Ohio raised its stake in Digi International by 7.5% in the 2nd quarter. Strs Ohio now owns 39,900 shares of the technology company’s stock worth $464,000 after acquiring an additional 2,800 shares during the last quarter. US Bancorp DE increased its holdings in shares of Digi International by 20.7% in the second quarter. US Bancorp DE now owns 10,925 shares of the technology company’s stock valued at $127,000 after purchasing an additional 1,873 shares during the period. Russell Investments Group Ltd. raised its stake in shares of Digi International by 3.7% in the second quarter. Russell Investments Group Ltd. now owns 50,459 shares of the technology company’s stock worth $580,000 after purchasing an additional 1,812 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of Digi International by 52.7% during the second quarter. SG Americas Securities LLC now owns 15,806 shares of the technology company’s stock worth $184,000 after purchasing an additional 5,454 shares during the period. Finally, Nisa Investment Advisors LLC purchased a new stake in Digi International in the third quarter valued at approximately $48,000. 78.55% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have recently weighed in on the stock. B. Riley reaffirmed a “sell” rating on shares of Digi International in a research report on Friday. Craig Hallum upped their target price on Digi International from $19.00 to $22.00 in a report on Friday, November 13th. Zacks Investment Research upgraded Digi International from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a report on Tuesday. Lake Street Capital reissued a “market perform” rating and issued a $18.00 price target on shares of Digi International in a research report on Friday, August 14th. Finally, BidaskClub raised Digi International from a “sell” rating to a “hold” rating in a research report on Thursday, October 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $19.38.

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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Insider Buying and Selling by Quarter for Digi International (NASDAQ:DGII)

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