DLH Holdings Corp. (NASDAQ:DLHC – Get Free Report) CFO Kathryn M. Johnbull purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average cost of $7.76 per share, for a total transaction of $77,600.00. Following the completion of the transaction, the chief financial officer now directly owns 528,687 shares of the company’s stock, valued at $4,102,611.12. This trade represents a 1.93 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.
DLH Trading Up 4.4 %
NASDAQ:DLHC opened at $7.67 on Friday. The stock’s 50-day moving average is $8.39 and its two-hundred day moving average is $9.78. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market cap of $110.34 million, a PE ratio of 15.04 and a beta of 1.16. DLH Holdings Corp. has a fifty-two week low of $7.34 and a fifty-two week high of $17.58.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Minerva Advisors LLC lifted its position in DLH by 24.2% in the 3rd quarter. Minerva Advisors LLC now owns 636,377 shares of the business services provider’s stock worth $5,950,000 after buying an additional 123,796 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of DLH by 24.4% during the second quarter. Dimensional Fund Advisors LP now owns 233,800 shares of the business services provider’s stock worth $2,469,000 after acquiring an additional 45,915 shares in the last quarter. State Street Corp boosted its position in DLH by 3.9% during the third quarter. State Street Corp now owns 111,447 shares of the business services provider’s stock valued at $1,043,000 after purchasing an additional 4,165 shares during the last quarter. Victory Capital Management Inc. purchased a new position in DLH in the second quarter valued at about $1,013,000. Finally, Albert D Mason Inc. increased its position in DLH by 1.5% in the 3rd quarter. Albert D Mason Inc. now owns 93,559 shares of the business services provider’s stock worth $876,000 after purchasing an additional 1,403 shares during the last quarter. 67.25% of the stock is owned by hedge funds and other institutional investors.
DLH Company Profile
DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States. It offers digital transformation and cyber security solutions, including artificial intelligence and machine learning, cloud enablement, cybersecurity ecosystem, big data analytics, and modeling and simulation to the National Institutes of Health (NIH), the Defense Health Agency, Tele-medicine and Advanced Technology Research Center, and US Navy Naval Information Warfare Center (NIWC).
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