Digi International, Inc (NASDAQ: DGII) is 18.03% higher on its value in year-to-date trading and has touched a low of $20.17 and a high of $34.82 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DGII stock was last observed hovering at around $30.41 in the last trading session, with the day’s gains setting it 5.27%.
Currently trading at $35.68, the stock is 15.66% and 13.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing 17.33% at the moment leaves the stock 26.48% off its SMA200. DGII registered 25.11% gain for a year compared to 6-month gain of 52.54%. The firm has a 50-day simple moving average (SMA 50) of $31.435 and a 200-day simple moving average (SMA200) of $28.1775.
The stock witnessed a 20.42% loss in the last 1 month and extending the period to 3 months gives it a 21.61%, and is 15.13% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.58% over the week and 4.02% over the month.
Digi International, Inc (DGII) has around 805 employees, a market worth around $1.32B and $421.82M in sales. Current P/E ratio is 37.22 and Fwd P/E is 16.89. Profit margin for the company is 8.45%. Distance from 52-week low is 76.93% and 2.47% from its 52-week high. The company has generated returns on investments over the last 12 months (5.12%).
The EPS is expected to grow by 0.20% this year
270.0 institutions hold shares in Digi International, Inc (DGII), with institutional investors hold 102.99% of the company’s shares. The shares outstanding are 36.89M, and float is at 35.95M with Short Float at 5.57%. Institutions hold 101.19% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.97 million shares valued at $136.78 million. The investor’s holdings represent 16.4348 of the DGII Shares outstanding. As of 2024-06-30, the second largest holder is CONESTOGA CAPITAL ADVISORS, LLC with 3.62 million shares valued at $82.96 million to account for 9.9681 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.21 million shares representing 8.8545 and valued at over $73.69 million, while DIMENSIONAL FUND ADVISORS LP holds 6.7379 of the shares totaling 2.45 million with a market value of $56.08 million.
Digi International, Inc (DGII) Insider Activity
The most recent transaction is an insider sale by Schneider Terrence G., the company’s VP, SUPPLY CHAIN. SEC filings show that Schneider Terrence G. sold 2,808 shares of the company’s common stock on Nov 29 ’24 at a price of $33.06 per share for a total of $92836.0. Following the sale, the insider now owns 39002.0 shares.
Digi International, Inc disclosed in a document filed with the SEC on Nov 26 ’24 that Schneider Terrence G. (VP, SUPPLY CHAIN) sold a total of 521 shares of the company’s common stock. The trade occurred on Nov 26 ’24 and was made at $33.03 per share for $17207.0. Following the transaction, the insider now directly holds 35536.0 shares of the DGII stock.
Still, SEC filings show that on Nov 26 ’24, Schneider Terrence G. (Officer) Proposed Sale 15,407 shares at an average price of $33.00 for $0.51 million. The insider now directly holds shares of Digi International, Inc (DGII).
