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

Key Points

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Voss Capital LP decreased its stake in shares of DMC Global (NASDAQ:BOOM - Free Report) by 67.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 331,911 shares of the industrial products company's stock after selling 687,286 shares during the period. Voss Capital LP owned about 1.62% of DMC Global worth $2,795,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BOOM. JPMorgan Chase & Co. lifted its position in DMC Global by 39.1% during the fourth quarter. JPMorgan Chase & Co. now owns 132,422 shares of the industrial products company's stock valued at $973,000 after purchasing an additional 37,217 shares during the period. Geode Capital Management LLC lifted its position in DMC Global by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 445,566 shares of the industrial products company's stock valued at $3,276,000 after purchasing an additional 2,339 shares during the period. Wells Fargo & Company MN lifted its position in DMC Global by 29.5% during 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 during the period. Russell Investments Group Ltd. lifted its position in DMC Global by 18,343.8% during the fourth quarter. Russell Investments Group Ltd. now owns 53,856 shares of the industrial products company's stock valued at $396,000 after purchasing an additional 53,564 shares during the period. Finally, Invesco Ltd. lifted its position in DMC Global by 4.4% during the fourth quarter. Invesco Ltd. now owns 51,022 shares of the industrial products company's stock valued at $375,000 after purchasing an additional 2,128 shares during the period. Institutional investors own 77.63% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Zacks Research downgraded shares of DMC Global from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Wall Street Zen downgraded shares of DMC Global from a "buy" rating to a "hold" rating in a research report on Friday, July 18th. Finally, Stifel Nicolaus decreased their price target on shares of DMC Global from $9.00 to $8.50 and set a "hold" rating on the stock in a research report on Monday, May 5th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $8.50.

DMC Global Price Performance

Shares of BOOM stock traded up $0.31 on Friday, hitting $6.93. 279,297 shares of the stock traded hands, compared to its average volume of 227,774. The firm has a market cap of $142.62 million, a price-to-earnings ratio of -0.80 and a beta of 1.48. DMC Global has a 52 week low of $5.78 and a 52 week high of $13.77. The firm has a 50 day simple moving average of $7.67 and a two-hundred day simple moving average of $7.57. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.76 and a quick ratio of 1.34.

DMC Global (NASDAQ:BOOM - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.05 by $0.07. The firm had revenue of $155.49 million for the quarter, compared to the consensus estimate of $151.60 million. DMC Global had a negative net margin of 17.54% and a negative return on equity of 1.27%. DMC Global has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that DMC Global will post -0.23 earnings per share for the current fiscal 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.