Voss Capital LP Sells 687,286 Shares of DMC Global $BOOM

Key Points

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Voss Capital LP lowered its position in shares of DMC Global (NASDAQ:BOOM - Free Report) by 67.4% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 331,911 shares of the industrial products company's stock after selling 687,286 shares during the quarter. Voss Capital LP owned about 1.62% of DMC Global worth $2,795,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of BOOM. GAMMA Investing LLC lifted its holdings in shares of DMC Global by 115.6% during the first quarter. GAMMA Investing LLC now owns 5,342 shares of the industrial products company's stock worth $45,000 after buying an additional 2,864 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in DMC Global by 236.2% in the first quarter. PNC Financial Services Group Inc. now owns 6,865 shares of the industrial products company's stock valued at $58,000 after purchasing an additional 4,823 shares in the last quarter. Wells Fargo & Company MN raised its stake in DMC Global by 29.5% in the fourth quarter. Wells Fargo & Company MN now owns 11,701 shares of the industrial products company's stock valued at $86,000 after purchasing an additional 2,667 shares in the last quarter. Jane Street Group LLC raised its stake in DMC Global by 13.3% in the fourth quarter. Jane Street Group LLC now owns 13,520 shares of the industrial products company's stock valued at $99,000 after purchasing an additional 1,585 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in DMC Global by 143.9% in the fourth quarter. BNP Paribas Financial Markets now owns 16,052 shares of the industrial products company's stock valued at $118,000 after purchasing an additional 9,470 shares in the last quarter. Institutional investors and hedge funds own 77.63% of the company's stock.

Wall Street Analyst Weigh In

BOOM has been the subject of a number of analyst reports. Stifel Nicolaus dropped their price target on DMC Global from $9.00 to $8.50 and set a "hold" rating for the company in a research note on Monday, May 5th. Wall Street Zen downgraded DMC Global from a "buy" rating to a "hold" rating in a research note on Friday, July 18th. Finally, Zacks Research downgraded DMC Global from a "strong-buy" rating to a "hold" rating in a research note on Tuesday. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $8.50.

DMC Global Price Performance

DMC Global stock traded up $0.31 during midday trading on Friday, reaching $6.93. The company's stock had a trading volume of 279,297 shares, compared to its average volume of 220,254. DMC Global has a 52 week low of $5.78 and a 52 week high of $13.77. The company has a current ratio of 2.76, a quick ratio of 1.34 and a debt-to-equity ratio of 0.22. The business has a 50-day moving average price of $7.67 and a 200-day moving average price of $7.58. The stock has a market cap of $142.63 million, a PE ratio of -0.80 and a beta of 1.48.

DMC Global (NASDAQ:BOOM - Get Free Report) last released its earnings results on Tuesday, August 5th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.07. DMC Global had a negative return on equity of 1.27% and a negative net margin of 17.54%.The firm had revenue of $155.49 million for the quarter, compared to analysts' expectations of $151.60 million. DMC Global has set its Q3 2025 guidance at EPS. On average, sell-side analysts predict that DMC Global will post -0.23 EPS for the current year.

DMC Global Profile

DMC Global Inc provides a suite of engineered products and various solutions for the construction, energy, industrial processing, and transportation markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad. The Arcadia segment manufactures, assembles, and sells architectural building products, including exterior and interior framing systems, curtain walls, windows, doors, and interior partitions; architectural components, architectural framing systems, entrance systems, and sun control products; sliding and glazing systems; and thermally broken steel, aluminum windows and doors, and wood doors and windows.