Digi International VP sells $30,599 in stock

Digi International VP James Freeland sold $30,599 worth of stock. The company reported strong earnings and new product launches.

Today / 01:31|Last updated: Today / 01:33

Digi International VP sells $30,599 in stock — Photo: Prepared by Bond.az

James E. Freeland, VP and CIO of Digi International (NASDAQ:DGII), sold 450 common shares on May 26, 2026.

The shares were sold at $67.9999 each, totaling $30,599. The sale occurred near the 52-week high of $69.81.

Shares have surged 107% over the past year. According to Bond.az analysis, the stock appears overvalued at current levels.

After the sale, Freeland directly holds 19,219.0591 shares. The transaction was reported in a Form 4 filing on May 28, 2026.

In other news, Digi International reported strong Q2 fiscal 2026 results. EPS hit $0.62 (beat $0.58 estimate), revenue reached $131 million (beat $117.94 million estimate).

The company also launched new products: Digi Connect EZ 4 TS and Digi Connect EZ 8 TS serial servers, and SmartSense Assure audit solution.

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