Mink Brook Asset Management Ll Purchases 21,210 Shares of DLH Holdings Corp. (NASDAQ:DLHC) Stock

DLH Holdings Corp. (NASDAQ:DLHCGet Free Report) major shareholder Mink Brook Asset Management Ll purchased 21,210 shares of the business’s stock in a transaction on Wednesday, June 11th. The stock was acquired at an average price of $5.50 per share, with a total value of $116,655.00. Following the purchase, the insider now directly owns 1,525,306 shares in the company, valued at $8,389,183. This represents a 1.41% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Mink Brook Asset Management Ll also recently made the following trade(s):

  • On Thursday, June 12th, Mink Brook Asset Management Ll purchased 19,561 shares of DLH stock. The stock was acquired at an average price of $5.44 per share, with a total value of $106,411.84.
  • On Tuesday, June 10th, Mink Brook Asset Management Ll acquired 4,408 shares of DLH stock. The shares were purchased at an average price of $5.49 per share, with a total value of $24,199.92.
  • On Monday, June 9th, Mink Brook Asset Management Ll acquired 4,786 shares of DLH stock. The shares were purchased at an average price of $5.48 per share, with a total value of $26,227.28.
  • On Friday, June 6th, Mink Brook Asset Management Ll acquired 17,160 shares of DLH stock. The shares were purchased at an average price of $5.47 per share, with a total value of $93,865.20.
  • On Thursday, June 5th, Mink Brook Asset Management Ll acquired 357 shares of DLH stock. The shares were purchased at an average price of $5.13 per share, with a total value of $1,831.41.
  • On Thursday, May 29th, Mink Brook Asset Management Ll acquired 964 shares of DLH stock. The shares were purchased at an average price of $4.97 per share, with a total value of $4,791.08.
  • On Wednesday, May 28th, Mink Brook Asset Management Ll acquired 416 shares of DLH stock. The shares were purchased at an average price of $5.00 per share, with a total value of $2,080.00.
  • On Tuesday, May 27th, Mink Brook Asset Management Ll purchased 90 shares of DLH stock. The stock was bought at an average price of $5.00 per share, with a total value of $450.00.
  • On Friday, May 23rd, Mink Brook Asset Management Ll purchased 2,561 shares of DLH stock. The stock was bought at an average price of $4.98 per share, with a total value of $12,753.78.
  • On Thursday, May 22nd, Mink Brook Asset Management Ll purchased 1,230 shares of DLH stock. The stock was bought at an average price of $5.00 per share, with a total value of $6,150.00.

DLH Trading Down 1.6%

DLHC opened at $5.44 on Friday. The firm has a market cap of $78.26 million, a P/E ratio of 12.36 and a beta of 1.33. DLH Holdings Corp. has a 12 month low of $2.72 and a 12 month high of $11.99. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.21. The stock has a 50-day moving average of $4.36 and a 200 day moving average of $5.76.

DLH (NASDAQ:DLHCGet Free Report) last released its quarterly earnings results on Wednesday, May 7th. The business services provider reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). The company had revenue of $89.21 million during the quarter, compared to analysts’ expectations of $90.00 million. DLH had a return on equity of 5.82% and a net margin of 1.64%. As a group, research analysts forecast that DLH Holdings Corp. will post -0.13 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered DLH from a “buy” rating to a “hold” rating in a research report on Saturday, May 17th.

Get Our Latest Report on DLH

Institutional Trading of DLH

Institutional investors have recently added to or reduced their stakes in the company. Bard Associates Inc. bought a new stake in DLH in the first quarter worth about $43,000. Nuveen LLC bought a new stake in DLH in the first quarter worth about $44,000. Bank of America Corp DE lifted its stake in DLH by 31.9% in the fourth quarter. Bank of America Corp DE now owns 7,679 shares of the business services provider’s stock worth $62,000 after purchasing an additional 1,855 shares during the last quarter. Corton Capital Inc. bought a new stake in DLH in the first quarter worth about $71,000. Finally, Wealthedge Investment Advisors LLC bought a new stake in DLH in the fourth quarter worth about $114,000. Institutional investors own 67.25% of the company’s stock.

DLH Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for DLH (NASDAQ:DLHC)

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