Media stories about Digi International (NASDAQ:DGII) have been trending somewhat positive on Monday, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Digi International earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 46.6362237598274 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Digi International stock opened at $10.75 on Monday. Digi International has a one year low of $8.50 and a one year high of $12.90. The firm has a market cap of $290.56, a P/E ratio of 119.46 and a beta of 1.40.

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Digi International (NASDAQ:DGII) last announced its quarterly earnings results on Thursday, January 25th. The technology company reported ($0.07) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.04). The firm had revenue of $45.20 million for the quarter, compared to the consensus estimate of $45.58 million. Digi International had a net margin of 1.34% and a return on equity of 1.91%. Digi International’s revenue was up .0% on a year-over-year basis. During the same period last year, the business earned $0.08 EPS. equities analysts predict that Digi International will post 0.15 earnings per share for the current fiscal year.

DGII has been the subject of a number of analyst reports. BidaskClub downgraded shares of Digi International from a “sell” rating to a “strong sell” rating in a research note on Wednesday, December 6th. Sidoti raised shares of Digi International from a “neutral” rating to a “buy” rating in a research note on Monday, December 11th. Zacks Investment Research downgraded shares of Digi International from a “hold” rating to a “sell” rating in a research note on Tuesday, December 26th. TheStreet downgraded shares of Digi International from a “b-” rating to a “c” rating in a research note on Thursday, January 25th. Finally, Roth Capital initiated coverage on shares of Digi International in a research note on Friday, February 2nd. They set a “buy” rating and a $15.00 target price for the company. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. Digi International has a consensus rating of “Hold” and a consensus target price of $14.00.

In related news, COO Kevin C. Riley sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $10.50, for a total transaction of $42,000.00. Following the completion of the sale, the chief operating officer now owns 81,941 shares of the company’s stock, valued at $860,380.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Kevin C. Riley sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $10.45, for a total transaction of $209,000.00. Following the sale, the chief operating officer now directly owns 97,941 shares of the company’s stock, valued at approximately $1,023,483.45. The disclosure for this sale can be found here. 6.80% of the stock is owned by company insiders.

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About Digi International

Digi International Inc is a provider of mission and business-critical machine-to-machine (M2M) and Internet-of-Things (IoT) connectivity products and services. The Company creates connected products and deploys and manages critical communications infrastructures in a range of environments. It offers four categories of hardware products: cellular routers and gateways, radio frequency (RF), embedded and network products.

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