Drilling Tools International Corp. $DTI Stock: Private Management Group Inc. Raises Position

Private Management Group Inc. boosted its holdings in shares of Drilling Tools International Corp. (NASDAQ:DTI) by 65.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,880,194 shares of the company’s stock after buying an additional 1,138,556 shares during the period. Private Management Group Inc. owned approximately 8.16% of Drilling Tools International worth $6,668,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Walleye Capital LLC purchased a new position in Drilling Tools International during the first quarter valued at approximately $1,243,000. Arrowstreet Capital Limited Partnership acquired a new position in Drilling Tools International in the 1st quarter valued at approximately $954,000. Bank of America Corp DE increased its stake in Drilling Tools International by 567,520.0% in the 1st quarter. Bank of America Corp DE now owns 141,905 shares of the company’s stock valued at $614,000 after buying an additional 141,880 shares during the period. BlackRock Inc. purchased a new stake in Drilling Tools International in the 2nd quarter worth approximately $254,000. Finally, Hillsdale Investment Management Inc. purchased a new stake in Drilling Tools International in the 1st quarter worth approximately $391,000. 2.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Drilling Tools International

In other Drilling Tools International news, CFO David Richard Johnson purchased 30,350 shares of the company’s stock in a transaction dated Monday, November 9th. The shares were bought at an average price of $1.65 per share, for a total transaction of $50,077.50. Following the purchase, the chief financial officer directly owned 97,780 shares in the company, valued at $161,337. This trade represents a 45.01% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ira Harris Green, Jr. purchased 25,000 shares of the business’s stock in a transaction dated Monday, November 9th. The shares were acquired at an average price of $1.63 per share, for a total transaction of $40,750.00. Following the acquisition, the director directly owned 42,207 shares in the company, valued at $68,797.41. This represents a 145.29% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 155,350 shares of company stock worth $254,828 over the last ninety days. 17.10% of the stock is currently owned by insiders.

Key Headlines Impacting Drilling Tools International

Here are the key news stories impacting Drilling Tools International this week:

• Positive Sentiment: Three insiders bought a combined 155,350 shares for about $255,000. CEO Robert Prejean purchased 100,000 shares, while the CFO and a director also increased their holdings—an encouraging signal of confidence from company leadership. CEO SEC filing CFO SEC filing Director SEC filing
• Neutral Sentiment: A report listed short interest at zero shares, so it indicates no measurable short position in the figures provided, rather than a notable short squeeze setup.
• Negative Sentiment: DTI’s third-quarter adjusted results missed estimates as higher costs offset stronger sales. Increased capital spending is also weighing on the company’s 2026 free-cash-flow outlook. Zacks earnings article
• Negative Sentiment: Sidoti cut several earnings forecasts, including FY2027 EPS to $0.13 from $0.16 and Q4 2026 EPS to $0.03 from $0.06. The reductions reinforce concerns about near-term profitability.

Drilling Tools International Price Performance

Shares of Drilling Tools International stock opened at $1.48 on Wednesday. The company has a current ratio of 2.08, a quick ratio of 1.58 and a debt-to-equity ratio of 0.37. Drilling Tools International Corp. has a 52-week low of $1.35 and a 52-week high of $4.69. The stock has a 50-day simple moving average of $2.11 and a 200-day simple moving average of $2.80.

Drilling Tools International (NASDAQ:DTI) last announced its quarterly earnings results on Thursday, November 5th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.05). The firm had revenue of $40.65 million during the quarter, compared to the consensus estimate of $40.87 million. Drilling Tools International had a negative net margin of 3.06% and a negative return on equity of 0.40%. On average, research analysts anticipate that Drilling Tools International Corp. will post 0.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Zacks Research lowered shares of Drilling Tools International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $2.80 price target on shares of Drilling Tools International in a research note on Sunday, August 9th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Drilling Tools International in a report on Monday, October 26th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Drilling Tools International presently has a consensus rating of “Reduce” and an average target price of $2.80.

Drilling Tools International Profile

Drilling Tools International Corporation (NASDAQ: DTI) provides rental tools and related services to the oil and gas drilling industry. The company supplies downhole equipment used in drilling, completion and production operations, serving exploration and production companies, drilling contractors and oilfield service providers. Its product offering includes drill pipe, drill collars, heavy-weight drill pipe, stabilizers, subs, mud motors, drilling jars and other specialized downhole tools. Drilling Tools International also provides equipment inspection, maintenance, repair, refurbishment and machining services intended to support the safe and efficient use of drilling equipment.