Digi International Inc. (NASDAQ:DGII) VP David H. Sampsell sold 32,654 shares of the stock in a transaction that occurred on Thursday, November 19th. The stock was sold at an average price of $17.25, for a total value of $563,281.50. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

David H. Sampsell also recently made the following trade(s):

  • On Tuesday, November 17th, David H. Sampsell sold 15,000 shares of Digi International stock. The stock was sold at an average price of $17.27, for a total value of $259,050.00.

Shares of Digi International stock opened at $16.82 on Friday. The business has a fifty day simple moving average of $16.25 and a two-hundred day simple moving average of $13.29. Digi International Inc. has a 1 year low of $6.18 and a 1 year high of $18.95. The company has a market capitalization of $488.39 million, a price-to-earnings ratio of 58.00, a P/E/G ratio of 1.94 and a beta of 1.84. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.78 and a quick ratio of 1.94.

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

A number of equities analysts have weighed in on the company. Lake Street Capital reaffirmed a “market perform” rating and set a $18.00 price target on shares of Digi International in a research report on Friday, August 14th. Zacks Investment Research raised Digi International from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research report on Tuesday. Roth Capital reaffirmed a “buy” rating and set a $20.00 price target on shares of Digi International in a research report on Friday, August 14th. BidaskClub raised Digi International from a “sell” rating to a “hold” rating in a report on Thursday, October 1st. Finally, B. Riley reissued a “sell” rating on shares of Digi International in a report on Friday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Digi International has a consensus rating of “Hold” and an average target price of $19.38.

Institutional investors have recently made changes to their positions in the business. Gamco Investors INC. ET AL increased its position in Digi International by 149.0% during the 2nd quarter. Gamco Investors INC. ET AL now owns 139,064 shares of the technology company’s stock worth $1,620,000 after buying an additional 83,224 shares during the period. Millrace Asset Group Inc. increased its position in Digi International by 39.6% during the 3rd quarter. Millrace Asset Group Inc. now owns 164,910 shares of the technology company’s stock worth $2,578,000 after buying an additional 46,773 shares during the period. Dorsey & Whitney Trust CO LLC increased its position in Digi International by 76.4% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 57,957 shares of the technology company’s stock worth $675,000 after buying an additional 25,099 shares during the period. Cornerstone Investment Partners LLC bought a new position in Digi International during the 3rd quarter worth $173,000. Finally, SG Americas Securities LLC increased its position in Digi International by 52.7% during the 2nd 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 during the period. 78.55% of the stock is owned by institutional investors and hedge funds.

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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