Digi InternationalDGII
About: Digi International Inc is a Minnesota corporation. The company provides business and mission-critical and Internet of Things (IoT) connectivity products and services. It has two segments: IoT Products and Services and IoT Solutions. The IoT Products and Services segment consists of distinct communications products and communication product development services. IoT Solutions segment offers wireless temperature and other environmental condition monitoring services as well as employee task management services. The company generates majority of its revenue from the IoT Products & Services segment. Geographically, the company generates majority of its revenue from its business in the United States and also has its presence in Europe, Middle East and Africa and Rest of the world.
Employees: 805
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
932% more call options, than puts
Call options by funds: $289K | Put options by funds: $28K
30% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 23
21% more capital invested
Capital invested by funds: $840M [Q2] → $1.01B (+$175M) [Q3]
4% more funds holding
Funds holding: 187 [Q2] → 194 (+7) [Q3]
0.6% more ownership
Funds ownership: 100.69% [Q2] → 101.3% (+0.6%) [Q3]
25% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 72
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Craig-Hallum Anthony Stoss 46% 1-year accuracy 16 / 35 met price target | 4%upside $32 | Hold Downgraded | 14 Nov 2024 |
Piper Sandler James Fish 76% 1-year accuracy 19 / 25 met price target | 4%upside $32 | Neutral Maintained | 14 Nov 2024 |
Financial journalist opinion
