84,176 Shares in Digi International Inc. $DGII Purchased by Legal & General Group Plc

Posted by on Sep 3rd, 2026

Legal & General Group Plc purchased a new stake in shares of Digi International Inc. (NASDAQ:DGII – Free Report) in the second quarter, Holdings Channel.com reports. The firm purchased 84,176 shares of the technology company’s stock, valued at approximately $6,309,000.

Other large investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in Digi International during the second quarter worth $445,526,000. Globeflex Capital L P bought a new position in Digi International during the 2nd quarter valued at $3,250,000. Horizon Investment Services LLC purchased a new position in Digi International during the 2nd quarter worth $945,000. Bank of New York Mellon Corp purchased a new position in Digi International during the 2nd quarter worth $16,274,000. Finally, Lisanti Capital Growth LLC bought a new stake in shares of Digi International in the 2nd quarter worth $1,614,000. Institutional investors own 95.90% of the company’s stock.

Digi International Stock Performance

NASDAQ DGII opened at $69.61 on Thursday. Digi International Inc. has a 52-week low of $33.40 and a 52-week high of $86.84. The company has a 50-day simple moving average of $72.81 and a 200 day simple moving average of $62.66. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.78 and a current ratio of 1.13. The company has a market capitalization of $2.64 billion, a PE ratio of 55.25 and a beta of 0.97.

Digi International (NASDAQ:DGII – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. The business had revenue of $138.67 million for the quarter, compared to analyst estimates of $132.57 million. Digi International had a net margin of 9.63% and a return on equity of 12.16%. The company’s revenue for the quarter was up 29.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.53 earnings per share. Digi International has set its Q4 2026 guidance at 0.750-0.780 EPS. On average, research analysts predict that Digi International Inc. will post 2.31 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on DGII shares. Weiss Ratings raised shares of Digi International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 25th. Craig Hallum lifted their target price on shares of Digi International from $50.00 to $75.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Zacks Research lowered Digi International from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. B. Riley Financial increased their price target on Digi International from $78.00 to $86.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, Roth Capital set a $90.00 price target on Digi International and gave the company a “buy” rating in a research report on Thursday, August 6th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Digi International presently has an average rating of “Moderate Buy” and a consensus target price of $82.40.

Read Our Latest Analysis on Digi International

Digi International Profile

(Free Report)

Digi International Inc is a provider of Internet of Things (IoT) connectivity products and services designed to link devices to networks and applications securely. The company develops a broad range of networking hardware, including cellular and Ethernet routers, gateways, embedded modules and adaptors, as well as accessories and antennas. Digi’s solutions enable businesses to deploy remote monitoring, control and automation systems across diverse industries such as transportation, utilities, healthcare, retail and industrial manufacturing.

In addition to its physical devices, Digi offers cloud-based management software and professional services that simplify device configuration, monitoring and over-the-air updates.

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Institutional Ownership by Quarter for Digi International (NASDAQ:DGII)

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