Digi International Inc
DGIIDigi International Inc. (DGII) is a global provider of innovative device connection and data platforms, specializing in Internet of Things (IoT) solutions. The company offers hardware, software, and services designed to securely connect, manage, and analyze data from a wide range of IoT applications across various industries such as healthcare, transportation, and industrial automation. Established in 1985, Digi is known for its wireless communication products, including cellular, Wi-Fi, and Ethernet modules, enabling reliable and secure device connectivity worldwide.
Company News
David Sampsell, VP of Corporate Development at Digi International, sold 6,375 shares worth approximately $415,000 on May 13, 2026, representing about 7% of his direct holdings. The sale follows an 84% one-year stock gain. Analysts view this as reasonable risk management rather than a conviction change, as Sampsell retains over 83,000 shares. The ...
Digital transformation spending is accelerating across industries as businesses invest heavily in SEO, cloud services, managed IT support, and online infrastructure. The global managed services market is projected to grow from $401 billion in 2025 to $847 billion by 2033, while digital marketing is expected to expand from $11 billion to $18.5 bil...
Digi International reported strong Q4 2025 financial results, beating analyst expectations with 9% year-over-year revenue growth and record annual recurring revenue of $152 million, leading to a 7% stock price increase.
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