Drilling Tools International (NASDAQ:DTI) Director Buys 25,000 Shares of Stock

Drilling Tools International Corp. (NASDAQ:DTI) Director Ira Harris Green, Jr. purchased 25,000 shares of the company’s stock in a transaction that occurred on Monday, November 9th. The shares were acquired at an average price of $1.63 per share, for a total transaction of $40,750.00. Following the completion of the purchase, the director directly owned 42,207 shares in the company, valued at $68,797.41. This represents a 145.29% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Drilling Tools International Stock Performance

Drilling Tools International stock traded down $0.10 during mid-day trading on Tuesday, reaching $1.48. The company’s stock had a trading volume of 77,822 shares, compared to its average volume of 297,686. Drilling Tools International Corp. has a 12-month low of $1.35 and a 12-month high of $4.69. The company has a market capitalization of $52.21 million, a P/E ratio of -11.38, a PEG ratio of 4.17 and a beta of -0.56. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.58 and a current ratio of 2.18. The firm’s fifty day moving average price is $2.13 and its two-hundred day moving average price is $2.81.

Drilling Tools International (NASDAQ:DTI) last posted its earnings results on Thursday, November 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.05). The company had revenue of $40.65 million for the quarter, compared to analysts’ expectations of $40.87 million. Drilling Tools International had a positive return on equity of 0.58% and a negative net margin of 1.97%. Sell-side analysts predict that Drilling Tools International Corp. will post 0.04 EPS for the current fiscal year.

Institutional Trading of Drilling Tools International

Several institutional investors and hedge funds have recently bought and sold shares of the company. Private Management Group Inc. grew its position in shares of Drilling Tools International by 65.4% during the 3rd quarter. Private Management Group Inc. now owns 2,880,194 shares of the company’s stock valued at $6,668,000 after purchasing an additional 1,138,556 shares in the last quarter. Walleye Capital LLC purchased a new stake in shares of Drilling Tools International in the first quarter worth $1,243,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Drilling Tools International in the first quarter worth $954,000. Bank of America Corp DE boosted its stake in Drilling Tools International by 567,520.0% during the first quarter. Bank of America Corp DE now owns 141,905 shares of the company’s stock valued at $614,000 after buying an additional 141,880 shares during the period. Finally, BlackRock Inc. bought a new stake in Drilling Tools International during the second quarter valued at $254,000. 2.79% of the stock is currently owned by hedge funds and other institutional investors.

Drilling Tools International News Roundup

Here are the key news stories impacting Drilling Tools International this week:

• Positive Sentiment: Three insiders bought a combined 155,350 shares for about $255,000. CEO Robert Prejean purchased 100,000 shares, while the CFO and a director also increased their holdings—an encouraging signal of confidence from company leadership. CEO SEC filing CFO SEC filing Director SEC filing
• Neutral Sentiment: A report listed short interest at zero shares, so it indicates no measurable short position in the figures provided, rather than a notable short squeeze setup.
• Negative Sentiment: DTI’s third-quarter adjusted results missed estimates as higher costs offset stronger sales. Increased capital spending is also weighing on the company’s 2026 free-cash-flow outlook. Zacks earnings article
• Negative Sentiment: Sidoti cut several earnings forecasts, including FY2027 EPS to $0.13 from $0.16 and Q4 2026 EPS to $0.03 from $0.06. The reductions reinforce concerns about near-term profitability.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on DTI shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Drilling Tools International in a report on Monday, October 26th. Zacks Research lowered Drilling Tools International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $2.80 price target on shares of Drilling Tools International in a research report on Sunday, August 9th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $2.80.

About Drilling Tools International

Drilling Tools International Corporation (NASDAQ: DTI) provides rental tools and related services to the oil and gas drilling industry. The company supplies downhole equipment used in drilling, completion and production operations, serving exploration and production companies, drilling contractors and oilfield service providers. Its product offering includes drill pipe, drill collars, heavy-weight drill pipe, stabilizers, subs, mud motors, drilling jars and other specialized downhole tools. Drilling Tools International also provides equipment inspection, maintenance, repair, refurbishment and machining services intended to support the safe and efficient use of drilling equipment.