Digi International Inc (DGII) Files Form 4 Insider Selling : Kevin C. Riley Sells 20,000 Shares

Digi International Inc (DGII): Kevin C. Riley , Chief Operating Officer of Digi International Inc sold 20,000 shares on May 13, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $11.16 per share for a total value of $223,260.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 9, 2015, David H. Sampsell (VP, Gen. Counsel & Corp. Sec.) purchased 1,000 shares at $12.81 per share price.

Digi International: On Monday, May 16, 2016 heightened volatility was witnessed in Digi International which led to swings in the share price. The shares opened for trading at $11.08 and hit $11.16 on the upside , eventually ending the session at $11.12, with a gain of 0.27% or 0.03 points. The heightened volatility saw the trading volume jump to 47,124 shares. The 52-week high of the share price is $13.525 and the company has a market cap of $288 M . The 52-week low of the share price is at $7.7.

Digi International Money Flow Index Chart

Digi International Inc. (Digi) is a provider of machine-to-machine (M2M) networking hardware and solutions. The Company’s solutions are aimed at connection monitoring and control of local or remote physical assets by electronic means. The networking products and solutions can connect communication hardware to a physical asset convey information about the asset’s status and performance to a computer system and then use that information to improve or automate one or more processes. Digi’s solutions are used in wireless networks as wireless networking technologies. The Company’s solutions portfolio includes wireless and wired hardware products and services and solutions including professional consulting services product design and development services the Device Cloud by Etherios (Device Cloud) which is a platform as-a-service (PAAS) offering and application development services.

Leave a Reply

Digi International - Is it time to Sell?

Top Brokerage Firms are advising their investors on Digi International. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.