John Hilburn Iv Davis Acquires 618,333 Shares of Digital Brands Group (NASDAQ:DBGI) Stock

Posted by Francis Steltz on Jun 12th, 2026

Digital Brands Group, Inc. (NASDAQ:DBGI – Get Free Report) CEO John Hilburn Iv Davis bought 618,333 shares of Digital Brands Group stock in a transaction on Wednesday, June 10th. The stock was acquired at an average price of $1.13 per share, for a total transaction of $698,716.29. Following the transaction, the chief executive officer directly owned 688,461 shares of the company’s stock, valued at approximately $777,960.93. This trade represents a 881.72% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

John Hilburn Iv Davis also recently made the following trade(s):

On Tuesday, June 2nd, John Hilburn Iv Davis bought 70,127 shares of Digital Brands Group stock. The stock was acquired at an average price of $0.70 per share, for a total transaction of $49,088.90.

Digital Brands Group Price Performance

Shares of DBGI stock traded down $0.05 on Friday, hitting $0.92. The stock had a trading volume of 3,010,227 shares, compared to its average volume of 3,079,761. Digital Brands Group, Inc. has a 1 year low of $0.26 and a 1 year high of $18.00. The company’s 50 day moving average price is $1.27 and its 200-day moving average price is $5.30. The firm has a market capitalization of $19.77 million, a P/E ratio of -0.34 and a beta of 0.17.

Analysts Set New Price Targets

DBGI has been the topic of several research reports. Wall Street Zen downgraded shares of Digital Brands Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, May 16th. Weiss Ratings reissued a “sell (e+)” rating on shares of Digital Brands Group in a research note on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Digital Brands Group has an average rating of “Sell”.

Read Our Latest Stock Report on DBGI

Institutional Trading of Digital Brands Group

Several institutional investors have recently modified their holdings of the company. Cantor Fitzgerald L. P. acquired a new stake in Digital Brands Group during the third quarter valued at approximately $221,000. Geode Capital Management LLC purchased a new stake in Digital Brands Group in the 4th quarter worth approximately $890,000. Connective Capital Management LLC purchased a new stake in Digital Brands Group in the 4th quarter worth approximately $876,000. Fifth Third Bancorp purchased a new stake in shares of Digital Brands Group during the 1st quarter worth about $432,000. Finally, Dimensional Fund Advisors LP purchased a new stake in shares of Digital Brands Group during the 1st quarter worth about $29,000. Institutional investors and hedge funds own 1.56% of the company’s stock.

Digital Brands Group Company Profile

(Get Free Report)

Digital Brands Group Inc (NASDAQ: DBGI) operates as a digital consumption platform focused on acquiring, operating and scaling digitally native consumer brands. The company seeks to partner with emerging and established brands across categories such as fashion, home & lifestyle, health & wellness, and consumer electronics. By leveraging a centralized operating model, Digital Brands Group aims to drive revenue growth, expand market reach and enhance customer engagement for its portfolio companies.

At the core of Digital Brands Group’s strategy is its expertise in e-commerce, digital marketing and data analytics.