• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by Digi International Inc. (Amendment)

    2/9/23 11:16:32 AM ET
    $DGII
    Computer Communications Equipment
    Telecommunications
    Get the next $DGII alert in real time by email
    SC 13G/A 1 tv0735-digiinternationalinc.htm SCHEDULE 13G/A digiinternationalinc

    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    Schedule 13G

    Under the Securities Exchange Act of 1934
    (Amendment No.: 5)*

    Name of issuer:  Digi International Inc.

    Title of Class of Securities:  Common Stock

    CUSIP Number:  253798102

    Date of Event Which Requires Filing of this Statement: December 30, 2022

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    ☒ Rule 13d-1(b)

    ☐ Rule 13d-1(c)

    ☐ Rule 13d-1(d)

    *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

    (Continued on the following page(s))

     

     

    13G

    CUSIP No.:  253798102

    1.  NAME OF REPORTING PERSON
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    The Vanguard Group - 23-1945930

    2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP

    A. 

    B.  X

    3.  SEC USE ONLY

    4.  CITIZENSHIP OF PLACE OF ORGANIZATION

    Pennsylvania

    (For questions 5-8, report the number of shares beneficially owned by each reporting person with:)

    5.  SOLE VOTING POWER

    0

    6.  SHARED VOTING POWER

    36,964

    7.  SOLE DISPOSITIVE POWER

    2,458,189

    8.  SHARED DISPOSITIVE POWER

    66,455

    9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    2,524,644

    10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

    N/A

    11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

    7.08%

    12.  TYPE OF REPORTING PERSON

    IA

     

     

    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    Schedule 13G
    Under the Securities Act of 1934

    Item 1(a) - Name of Issuer:

    Digi International Inc.

    Item 1(b) - Address of Issuer's Principal Executive Offices:

    9350 Excelsior Boulevard, Suite 700
    Hopkins, MN 55343

    Item 2(a) - Name of Person Filing:

    The Vanguard Group - 23-1945930

    Item 2(b) – Address of Principal Business Office or, if none, residence:

    100 Vanguard Blvd.
    Malvern, PA 19355

    Item 2(c) – Citizenship:

    Pennsylvania

    Item 2(d) - Title of Class of Securities:

    Common Stock

    Item 2(e) - CUSIP Number

    253798102

    Item 3 - Type of Filing:

    This statement is being filed pursuant to Rule 13d-1.  An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

    Item 4 - Ownership:

      (a) Amount Beneficially Owned:

      (b) Percent of Class:

     

     

    (c)  Number of shares as to which such person has:

    (i)  sole power to vote or direct to vote:  

    (ii)  shared power to vote or direct to vote:  

    (iii)  sole power to dispose of or to direct the disposition of:  

    (iv)  shared power to dispose or to direct the disposition of:  

    Comments:

    The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.  

    Item 5 - Ownership of Five Percent or Less of a Class:

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐

    Item 6 - Ownership of More Than Five Percent on Behalf of Another Person:

    The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.

    No one other person's interest in the securities reported herein is more than 5%.

    Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company:

    Not applicable

    Item 8 - Identification and Classification of Members of Group:

    Not applicable

    Item 9 - Notice of Dissolution of Group:

    Not applicable

    Item 10 - Certification:

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

    Signature

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Date:  February 9, 2023

    By /s/ Ashley Grim
    Name: Ashley Grim
    Title:  Head of Global Fund Administration

    Get the next $DGII alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $DGII

    DatePrice TargetRatingAnalyst
    11/14/2024$28.00 → $32.00Buy → Hold
    Craig Hallum
    5/22/2024$35.00 → $29.00Overweight → Neutral
    Piper Sandler
    11/15/2023$34.00Buy
    B. Riley Securities
    9/8/2022$41.00Overweight
    Cantor Fitzgerald
    6/2/2022$36.00Overweight
    Stephens
    8/5/2021$29.00 → $28.00Buy
    Roth Capital
    More analyst ratings

    $DGII
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Digi International Reports Second Fiscal Quarter 2025 Results

      Growing Profit Margins, Cash Flow from Operations of $26M Revenue of $105M, Record End of Quarter ARR of $123M Digi International Inc. ("Digi" or the "Company") (NASDAQ:DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its second fiscal quarter ended March 31, 2025. Second Fiscal Quarter 2025 Results Compared to Second Fiscal Quarter 2024 Results Revenue was $105 million, a decrease of 3%. Gross profit margin was 62.1%, an increase of 420 basis points. Net income was $10 million, compared to $4 million. Net income per diluted share was $0.28, compared to $0.11

      5/7/25 4:05:00 PM ET
      $DGII
      Computer Communications Equipment
      Telecommunications
    • Digi Unveils MQTT for Digi Connect Sensor XRT-M to Transform IIoT Data Integration

      Delivers low-latency, standards-based MQTT integration for scalable IIoT deployments across water, energy and industrial automation sectors Digi International®, (NASDAQ:DGII), a global leader in Internet of Things (IoT) connectivity solutions, today announced the release of MQTT for Digi Connect® Sensor XRT-M, designed for water and wastewater management, oil and gas, and industrial automation applications. MQTT for the Digi Connect Sensor XRT-M is available now. Organizations seeking to simplify and accelerate their IIoT sensor connectivity can contact Digi Sales to schedule a demo and experience the future of industrial data integration firsthand. This press release features multimedia.

      5/6/25 9:00:00 AM ET
      $DGII
      Computer Communications Equipment
      Telecommunications
    • Digi International Announces 2025 Green Tech Customer Innovation Award Winners

      Honoring industry leaders using IoT innovation to advance environmental responsibility and sustainable practices Digi International, (NASDAQ:DGII, www.digi.com)), a leading global provider of Internet of Things (IoT) connectivity products and services, proudly announces the winners of its 2025 Green Tech Customer Innovation Awards. Now in its fifth year, this prestigious award program honors companies and organizations that have demonstrated exceptional innovation and leadership in integrating Digi technology to drive sustainability and carbon reduction initiatives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250417528695/en/

      4/17/25 9:00:00 AM ET
      $DGII
      Computer Communications Equipment
      Telecommunications

    $DGII
    Leadership Updates

    Live Leadership Updates

    See more
    • SmartSense Appoints Stefanie Miller to Food Service Advisory Board

      Strategic industry leader to provide enhanced guidance for innovative CPG practices for quality and safety SmartSense by Digi®, part of Digi International (NASDAQ:DGII, www.digi.com)) and a leading global provider of Internet of Things (IoT) connectivity solutions, today announced the appointment of Stefanie Miller, Managing Director of Category Strategy and Growth at Kellanova Europe, to its Food Service Advisory Board, which focuses on consumer packaged goods (CPG) safety. Miller joins a distinguished group of leaders from Giant Eagle, Inc., Schnuck Markets, Inc., NewRoad Capital Partners, Nutrition Core Solutions, and Clipper Advisory Group. This press release features multimedia. Vie

      1/6/25 9:00:00 AM ET
      $DGII
      Computer Communications Equipment
      Telecommunications
    • Digi International Appoints TOPAS as a European Distributor for its Embedded Products Portfolio

      Agreement includes Germany, Switzerland & Austria Digi International® (NASDAQ:DGII, www.digi.com))), a leading global provider of Internet of Things (IoT) connectivity products and services, has appointed TOPAS electronic AG (TOPAS) as its distributor in Germany, Switzerland and Austria. Under the terms of the agreement, Digi ConnectCore® system on modules (SOM), Digi XBee® RF modules, Digi Connect® ME, NetSilicon & Rabbit® semiconductor product portfolios will be available, complemented by the wide range of support services offered by TOPAS (www.topas.de). Digi provides embedded solutions, integrating hardware and software to bring IoT connectivity to meet the mission-critical connectivi

      10/26/21 3:00:00 AM ET
      $DGII
      Computer Communications Equipment
      Telecommunications

    $DGII
    SEC Filings

    See more
    • SEC Form S-8 filed by Digi International Inc.

      S-8 - DIGI INTERNATIONAL INC (0000854775) (Filer)

      5/8/25 4:07:04 PM ET
      $DGII
      Computer Communications Equipment
      Telecommunications
    • SEC Form 10-Q filed by Digi International Inc.

      10-Q - DIGI INTERNATIONAL INC (0000854775) (Filer)

      5/7/25 4:10:46 PM ET
      $DGII
      Computer Communications Equipment
      Telecommunications
    • Digi International Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - DIGI INTERNATIONAL INC (0000854775) (Filer)

      5/7/25 4:08:31 PM ET
      $DGII
      Computer Communications Equipment
      Telecommunications

    $DGII
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Digi International Inc.

      SC 13G/A - DIGI INTERNATIONAL INC (0000854775) (Subject)

      9/10/24 5:30:22 PM ET
      $DGII
      Computer Communications Equipment
      Telecommunications
    • SEC Form SC 13G/A filed by Digi International Inc. (Amendment)

      SC 13G/A - DIGI INTERNATIONAL INC (0000854775) (Subject)

      5/10/24 2:52:31 PM ET
      $DGII
      Computer Communications Equipment
      Telecommunications
    • SEC Form SC 13G filed by Digi International Inc.

      SC 13G - DIGI INTERNATIONAL INC (0000854775) (Subject)

      2/14/24 1:08:25 PM ET
      $DGII
      Computer Communications Equipment
      Telecommunications

    $DGII
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Digi Intl downgraded by Craig Hallum with a new price target

      Craig Hallum downgraded Digi Intl from Buy to Hold and set a new price target of $32.00 from $28.00 previously

      11/14/24 8:22:32 AM ET
      $DGII
      Computer Communications Equipment
      Telecommunications
    • Digi Intl downgraded by Piper Sandler with a new price target

      Piper Sandler downgraded Digi Intl from Overweight to Neutral and set a new price target of $29.00 from $35.00 previously

      5/22/24 7:25:09 AM ET
      $DGII
      Computer Communications Equipment
      Telecommunications
    • B. Riley Securities initiated coverage on Digi Intl with a new price target

      B. Riley Securities initiated coverage of Digi Intl with a rating of Buy and set a new price target of $34.00

      11/15/23 9:11:47 AM ET
      $DGII
      Computer Communications Equipment
      Telecommunications

    $DGII
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • VP, Chief Information Officer Freeland James E. covered exercise/tax liability with 541 shares, decreasing direct ownership by 4% to 13,083 units (SEC Form 4)

      4 - DIGI INTERNATIONAL INC (0000854775) (Issuer)

      5/8/25 9:55:05 PM ET
      $DGII
      Computer Communications Equipment
      Telecommunications
    • PRESIDENT AND CEO Konezny Ronald exercised 209,918 shares at a strike of $17.51, increasing direct ownership by 57% to 579,853 units (SEC Form 4)

      4 - DIGI INTERNATIONAL INC (0000854775) (Issuer)

      2/25/25 4:41:26 PM ET
      $DGII
      Computer Communications Equipment
      Telecommunications
    • Director Heim Christopher was granted 3,977 shares, increasing direct ownership by 8% to 56,522 units (SEC Form 4)

      4 - DIGI INTERNATIONAL INC (0000854775) (Issuer)

      2/12/25 7:56:48 PM ET
      $DGII
      Computer Communications Equipment
      Telecommunications

    $DGII
    Financials

    Live finance-specific insights

    See more
    • Digi International Reports Second Fiscal Quarter 2025 Results

      Growing Profit Margins, Cash Flow from Operations of $26M Revenue of $105M, Record End of Quarter ARR of $123M Digi International Inc. ("Digi" or the "Company") (NASDAQ:DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its second fiscal quarter ended March 31, 2025. Second Fiscal Quarter 2025 Results Compared to Second Fiscal Quarter 2024 Results Revenue was $105 million, a decrease of 3%. Gross profit margin was 62.1%, an increase of 420 basis points. Net income was $10 million, compared to $4 million. Net income per diluted share was $0.28, compared to $0.11

      5/7/25 4:05:00 PM ET
      $DGII
      Computer Communications Equipment
      Telecommunications
    • Digi International to Release Second Fiscal Quarter 2025 Earnings Results and Host a Conference Call on May 7, 2025

        Digi International® Inc. (NASDAQ:DGII) will release its financial results for the second fiscal quarter 2025 on Wednesday, May 7, after market close, at approximately 4:00 p.m. ET. Ron Konezny, CEO, and Jamie Loch, CFO, will host a conference call later the same day, at 5:00 p.m. ET, to briefly discuss the results and will take questions and provide answers. Please click here to pre-register for the conference call and obtain your dial in number and passcode. All participants are asked to dial-in 15 minutes prior to the start time. Participants may access a live webcast of the conference call through the investor relations section of Digi's website, https://digi.gcs-web.com/ or the hos

      4/14/25 4:05:00 PM ET
      $DGII
      Computer Communications Equipment
      Telecommunications
    • Digi International Reports First Fiscal Quarter 2025 Results

      Revenue of $104M, Record End of Quarter ARR of $120M Cash Flow From Operations of $30M Digi International® Inc. (NASDAQ:DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its first fiscal quarter ended December 31, 2024. First Fiscal Quarter 2025 Results Compared to First Fiscal Quarter 2024 Results Revenue was $104 million, a decrease of 2%. Gross profit margin was 62.0%, an increase of 440 basis points. Net income was $10 million, compared to a net loss of $3 million. Net income per diluted share was $0.27, compared to a net loss per diluted share of $0.0

      2/5/25 4:05:00 PM ET
      $DGII
      Computer Communications Equipment
      Telecommunications