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 Q4 regulatory disclosures by fund managers ($100M+ AUM)
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
10% more capital invested
Capital invested by funds: $1.01B [Q3] → $1.11B (+$97.4M) [Q4]
3% more funds holding
Funds holding: 194 [Q3] → 199 (+5) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 69
1.53% less ownership
Funds ownership: 101.29% [Q3] → 99.76% (-1.53%) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Piper Sandler James Fish 34% 1-year accuracy 10 / 29 met price target | 0%downside $26 | Neutral Maintained | 8 Apr 2025 |
Stephens & Co. Tommy Moll 33% 1-year accuracy 8 / 24 met price target | 73%upside $45 | Overweight Reiterated | 6 Feb 2025 |
Financial journalist opinion
Based on 3 articles about DGII published over the past 30 days
