Digi International (NASDAQ:DGII) Stock Crosses Above Two Hundred Day Moving Average – Should You Sell?

Posted by George Bondi on May 23rd, 2026

Digi International Inc. (NASDAQ:DGII – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $47.73 and traded as high as $64.38. Digi International shares last traded at $64.05, with a volume of 301,302 shares changing hands.

Analysts Set New Price Targets

Several research firms have recently issued reports on DGII. Stephens upped their price objective on shares of Digi International from $65.00 to $75.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Weiss Ratings downgraded shares of Digi International from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Wall Street Zen upgraded shares of Digi International from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. Piper Sandler upped their price objective on shares of Digi International from $46.00 to $63.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, Craig Hallum upped their price objective on shares of Digi International from $50.00 to $75.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.20.

Check Out Our Latest Research Report on Digi International

Digi International Trading Up 3.3%

The company’s fifty day moving average is $55.06 and its two-hundred day moving average is $47.85. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.77 and a current ratio of 1.11. The company has a market cap of $2.49 billion, a price-to-earnings ratio of 58.55 and a beta of 0.94.

Digi International (NASDAQ:DGII – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.04. Digi International had a net margin of 9.10% and a return on equity of 11.28%. The company had revenue of $130.74 million for the quarter, compared to the consensus estimate of $125.03 million. During the same quarter in the prior year, the company earned $0.51 EPS. Digi International’s quarterly revenue was up 25.1% on a year-over-year basis. Digi International has set its Q3 2026 guidance at 0.650-0.680 EPS. On average, research analysts anticipate that Digi International Inc. will post 2.11 EPS for the current year.

Insider Activity at Digi International

In related news, VP Terrence G. Schneider sold 14,182 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $65.61, for a total value of $930,481.02. Following the transaction, the vice president owned 26,759 shares in the company, valued at approximately $1,755,657.99. This represents a 34.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP David H. Sampsell sold 6,376 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $65.11, for a total transaction of $415,141.36. Following the completion of the transaction, the vice president owned 18,364 shares in the company, valued at approximately $1,195,680.04. This trade represents a 25.77% decrease in their position. The SEC filing for this sale provides additional information. 3.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Digi International

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. grew its stake in shares of Digi International by 7.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 652,197 shares of the technology company’s stock worth $22,736,000 after purchasing an additional 46,659 shares during the period. Hillsdale Investment Management Inc. grew its stake in shares of Digi International by 3.4% during the 1st quarter. Hillsdale Investment Management Inc. now owns 199,635 shares of the technology company’s stock worth $9,622,000 after purchasing an additional 6,480 shares during the period. Herald Investment Management Ltd grew its stake in shares of Digi International by 25.0% during the 3rd quarter. Herald Investment Management Ltd now owns 100,000 shares of the technology company’s stock worth $3,646,000 after purchasing an additional 20,000 shares during the period. Leuthold Group LLC grew its stake in shares of Digi International by 0.5% during the 4th quarter. Leuthold Group LLC now owns 56,738 shares of the technology company’s stock worth $2,456,000 after purchasing an additional 264 shares during the period. Finally, GW&K Investment Management LLC acquired a new stake in shares of Digi International during the 4th quarter worth approximately $2,410,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

About Digi International

(Get 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.