Insider Selling: DLH Holdings Corp (DLHC) Insider Sells 30,000 Shares of Stock
DLH Holdings Corp (NASDAQ:DLHC) insider Kevin Wilson sold 30,000 shares of the business’s stock in a transaction on Wednesday, September 12th. The shares were sold at an average price of $5.00, for a total transaction of $150,000.00. Following the transaction, the insider now owns 305,006 shares in the company, valued at approximately $1,525,030. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of NASDAQ DLHC traded down $0.14 during mid-day trading on Friday, reaching $5.69. The company had a trading volume of 200 shares, compared to its average volume of 9,993. The stock has a market cap of $69.02 million, a PE ratio of 21.07 and a beta of 0.30. DLH Holdings Corp has a 52 week low of $5.00 and a 52 week high of $6.83.
DLH (NASDAQ:DLHC) last posted its quarterly earnings results on Monday, August 6th. The business services provider reported $0.13 EPS for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.03. The firm had revenue of $36.13 million for the quarter, compared to analysts’ expectations of $32.00 million. DLH had a net margin of 0.85% and a return on equity of 12.54%. research analysts forecast that DLH Holdings Corp will post 0.09 earnings per share for the current year.
An institutional investor recently raised its position in DLH stock. Polar Asset Management Partners Inc. lifted its stake in DLH Holdings Corp (NASDAQ:DLHC) by 71.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 731,393 shares of the business services provider’s stock after purchasing an additional 305,645 shares during the period. Polar Asset Management Partners Inc. owned about 6.15% of DLH worth $4,271,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 57.48% of the company’s stock.
DLH Company Profile
DLH Holdings Corp. provides healthcare and social services in the United States. It offers defense and veterans' health solutions, including case management, physical and behavioral health examinations, and medical administration and logistics services. The company also provides a range of human services and solutions, which consists of educational and environmental support services for the underserved children and youth comprising health, nutritional, parental, and behavioral services; and IT system architecture design, migration plan, and ongoing maintenance services.
Featured Article: Technical Analysis
Receive News & Ratings for DLH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DLH and related companies with MarketBeat.com's FREE daily email newsletter.