Insider Sell Alert: Satbir Khanuja Sells 7,000 Shares of Digi International Inc (DGII)

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Nov 23, 2024
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On November 21, 2024, Satbir Khanuja, a Director at Digi International Inc (DGII, Financial), sold 7,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 83,255 shares of the company. Digi International Inc (DGII) is a provider of Internet of Things (IoT) connectivity products, services, and solutions. The company offers a range of products, including embedded modules, routers, gateways, and network management software, which are used in various industries to enable secure and reliable connectivity for IoT applications. 1860115131330097152.png Over the past year, Satbir Khanuja has sold a total of 7,000 shares and has not purchased any shares. The insider transaction history for Digi International Inc shows that there have been no insider buys in total over the past year, while there have been three insider sells during the same period. 1860115175479341056.png On the day of the recent sale, shares of Digi International Inc were trading at $31.76 each, giving the stock a market cap of $1,199.883 million. The company's price-earnings ratio stands at 54.02, which is higher than the industry median of 23.26 but lower than the company’s historical median price-earnings ratio. With a trading price of $31.76 and a GF Value of $29.26, Digi International Inc has a price-to-GF-Value ratio of 1.09, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.