Stock events for Digi International, Inc. (DGII)
Over the past six months, Digi International's stock price has seen significant movement and positive analyst attention, increasing by 52.0% from $43.29 to $65.78. Key events impacting the stock include strong Q1 and Q2 fiscal 2026 results, the acquisition of Particle, FIPS 140-3 validation, a CRN® Channel Chiefs Award, and the launch of the Digi IX25 Industrial 5G Router. Analyst ratings have been upgraded or maintained, but insiders have sold approximately $616,326.70 in company stock.
Demand Seasonality affecting Digi International, Inc.’s stock price
The provided search results do not explicitly detail the demand seasonality for Digi International, Inc. (DGII) products and services. However, the company's consistent growth in Annualized Recurring Revenue (ARR) and its focus on mission-critical IoT solutions across diverse industries suggest a relatively stable demand. The company's outlook for fiscal 2026 projects continued double-digit growth in ARR, revenue, and adjusted EBITDA, indicating sustained demand for its offerings.
Overview of Digi International, Inc.’s business
Digi International, Inc. (DGII) is an American industrial Internet of Things (IoT) technology company headquartered in Hopkins, Minnesota, founded in 1985. It operates within the technology sector, specifically the hardware industry, providing critical IoT connectivity products and services, helping businesses connect physical devices to the internet across various industries. The company's major products and services fall into two segments: IoT Products & Services and IoT Solutions. IoT Products & Services include cellular routers and gateways, radio frequency products, embedded systems, network products, and professional services. IoT Solutions encompass SmartSense by Digi, Managed Network-as-a-Service, Opengear by Digi, and Particle by Digi.
DGII’s Geographic footprint
Digi International has a global presence with its headquarters in Hopkins, Minnesota, United States. The company maintains regional sales offices throughout North America, Europe, and Asia, as well as engineering locations in North America and Europe. Specific international locations include Canada, Australia, Germany, Spain, the UK, Singapore, China, and Japan. Its operations extend across the U.S., Europe, the Middle East, Africa, and other international regions.
DGII Corporate Image Assessment
Digi International has maintained a positive brand reputation over the past year, marked by industry recognition and strong financial performance. The company is recognized as a global technology visionary and provider of cutting-edge IoT strategies, solutions, and services. Key events and recognitions contributing to its reputation include IoT Evolution Product of the Year Awards, a CRN® Channel Chiefs Award, positive customer reviews and case studies, FIPS 140-3 validation, and record financial performance.
Ownership
Digi International's ownership is predominantly institutional, with institutional investors holding approximately 92.18% to 99.39% of Digi's shares. Major institutional holders include BlackRock, Inc., The Vanguard Group, Inc., and Conestoga Capital Advisors, LLC. Individual shareholders and employees own a smaller portion, and insiders hold about 3.03% to 5.44% of the stock.
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