46,200 Shares in Digi International Inc. $DGII Bought by AEGON ASSET MANAGEMENT UK Plc

Key Points

• AEGON ASSET MANAGEMENT UK Plc established a new position in Digi International by buying 46,200 shares (~$2.0M) in Q4, and institutional investors now own about 95.90% of the company's stock.
• Digi beat Q4 estimates with EPS of $0.56 (vs. $0.55) and revenue of $122.46M, up 17.9% year-over-year, and issued Q2 FY2026 guidance of $0.560–$0.590 EPS while analysts forecast roughly $1.87 EPS for the year.
• The stock trades near its 52-week high (opened at $56.66; 52-week high $57.23), has a market cap of $2.13B and a PE of 50.59, and insiders have sold about 13,455 shares (~$616K) in the past 90 days.

AEGON ASSET MANAGEMENT UK Plc acquired a new position in Digi International Inc. (NASDAQ:DGII - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 46,200 shares of the technology company's stock, valued at approximately $2,000,000. AEGON ASSET MANAGEMENT UK Plc owned approximately 0.12% of Digi International at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of DGII. Ameriprise Financial Inc. grew its holdings in Digi International by 7.7% in the second quarter. Ameriprise Financial Inc. now owns 652,197 shares of the technology company's stock worth $22,736,000 after purchasing an additional 46,659 shares during the period. Hillsdale Investment Management Inc. raised its stake in Digi International by 47.2% during the third quarter. Hillsdale Investment Management Inc. now owns 181,255 shares of the technology company's stock valued at $6,609,000 after buying an additional 58,100 shares during the last quarter. Herald Investment Management Ltd boosted its holdings in Digi International by 25.0% in the third quarter. Herald Investment Management Ltd now owns 100,000 shares of the technology company's stock worth $3,646,000 after acquiring an additional 20,000 shares in the last quarter. Leuthold Group LLC grew its stake in shares of Digi International by 15.7% in the third quarter. Leuthold Group LLC now owns 56,474 shares of the technology company's stock worth $2,059,000 after acquiring an additional 7,676 shares during the last quarter. Finally, California State Teachers Retirement System grew its stake in shares of Digi International by 9.9% in the third quarter. California State Teachers Retirement System now owns 37,001 shares of the technology company's stock worth $1,349,000 after acquiring an additional 3,343 shares during the last quarter. Institutional investors own 95.90% of the company's stock.

Digi International Stock Performance

Shares of DGII stock opened at $56.66 on Monday. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.21. The company has a 50 day moving average price of $50.95 and a 200-day moving average price of $44.98. Digi International Inc. has a 52 week low of $26.69 and a 52 week high of $57.23. The firm has a market capitalization of $2.13 billion, a PE ratio of 50.59 and a beta of 0.85.

Digi International (NASDAQ:DGII - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.56 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.01. Digi International had a net margin of 9.45% and a return on equity of 10.93%. The company had revenue of $122.46 million for the quarter, compared to the consensus estimate of $115.90 million. During the same quarter in the prior year, the firm earned $0.45 earnings per share. The firm's revenue for the quarter was up 17.9% compared to the same quarter last year. Digi International has set its Q2 2026 guidance at 0.560-0.590 EPS. As a group, equities research analysts expect that Digi International Inc. will post 1.87 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Stephens lifted their price target on Digi International from $50.00 to $55.00 and gave the stock an "overweight" rating in a research report on Friday, January 2nd. Craig Hallum reissued a "buy" rating and set a $50.00 price objective on shares of Digi International in a research report on Thursday, February 5th. Wall Street Zen upgraded shares of Digi International from a "buy" rating to a "strong-buy" rating in a research note on Saturday, January 31st. Weiss Ratings reiterated a "hold (c+)" rating on shares of Digi International in a research note on Monday, March 23rd. Finally, Zacks Research upgraded shares of Digi International from a "strong sell" rating to a "hold" rating in a research note on Monday, April 6th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $49.80.

Insider Transactions at Digi International

In related news, Director Satbir Khanuja sold 6,000 shares of Digi International stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $46.00, for a total value of $276,000.00. Following the completion of the sale, the director owned 85,298 shares of the company's stock, valued at $3,923,708. The trade was a 6.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP David H. Sampsell sold 5,000 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $45.74, for a total value of $228,700.00. Following the completion of the transaction, the vice president directly owned 24,740 shares in the company, valued at approximately $1,131,607.60. This represents a 16.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 13,455 shares of company stock worth $616,357 in the last ninety days. Insiders own 3.40% of the company's stock.

Digi International Company Profile

Digi International Inc is a provider of Internet of Things (IoT) connectivity products and services designed to link devices to networks and applications securely. The company develops a broad range of networking hardware, including cellular and Ethernet routers, gateways, embedded modules and adaptors, as well as accessories and antennas. Digi's solutions enable businesses to deploy remote monitoring, control and automation systems across diverse industries such as transportation, utilities, healthcare, retail and industrial manufacturing.

In addition to its physical devices, Digi offers cloud-based management software and professional services that simplify device configuration, monitoring and over-the-air updates.

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