Digi International Inc. (DGII)

Digi International's stock price has increased by 107.13% between April 4, 2025, and April 2, 2026, reaching new all-time highs in March 2026. Key events include the launch of the Digi IX25 router, the unveiling of the AI-Powered One Digi AI Discovery Engine, and an MCP Server. The company reported an 18% increase in revenue and a 16% increase in net income in its first fiscal quarter 2026 results. Digi International announced the acquisition of Particle, an IoT hardware and software company. Insiders sold 13,455 shares of company stock, valued at $616,357, and analyst ratings have been updated, including one downgrade to a "strong sell".

Demand for Digi International's cellular routers and gateways is influenced by corporate IT budget cycles and the complexity of deploying devices. The longer-term demand for Digi's offerings is strong, with a projected shift in consumption patterns. The company anticipates its Annual Recurring Revenue (ARR) to grow approximately 10% in fiscal 2026, with overall revenue projected to increase by 10-15%.

Digi International, Inc., headquartered in Hopkins, Minnesota, is an American industrial Internet of Things (IoT) technology company. It operates within the Electronic Technology sector, focusing on Telecommunications Equipment and Industrial Internet of Things (IIoT). The company provides IoT connectivity products, services, and solutions, aiding customers in managing critical communications infrastructures. Its offerings are divided into IoT Products & Services (embedded and wireless modules, routers, gateways, etc.) and IoT Solutions (SmartSense by Digi and MNaaS), which include monitoring and task management services.

Digi International's global headquarters is in Hopkins, Minnesota, USA. The company has regional sales offices in North America, Europe, and Asia, with engineering locations in North America and Europe. It has a presence in the United States, Canada, Australia, Germany, Spain, the UK, Singapore, China, and Japan.

Digi International has received several awards and recognitions, indicating a positive brand reputation. Dane Surkamer was named a CRN® Channel Chief in 2026. The company received the IoT Evolution Product of the Year Award for its Digi Connect Sensor XRT-M + Digi Axess in 2025. Digi X-ON was named the 2025 Industrial IoT Product of the Year by IoT Evolution.

Digi International's ownership is mainly held by institutional investors, with holdings ranging from approximately 27.13% to 99.45%. Major institutional holders include BlackRock, Inc., The Vanguard Group, Inc., and Conestoga Capital Advisors, LLC. Individual shareholders, employees, and insiders hold a smaller portion, with insiders owning between 3.04% and 5.44% of the stock.