DigitalGlobe Inc (NYSE:DGI) CEO Jeffrey R. Tarr acquired 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 1st. The shares were purchased at an average price of $15.09 per share, with a total value of $30,180.00. Following the completion of the acquisition, the chief executive officer now owns 250,423 shares of the company’s stock, valued at approximately $3,778,883.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of DigitalGlobe Inc (NYSE:DGI) opened at 15.89 on Thursday. The firm has a market capitalization of $1.02 billion and a PE ratio of 61.12. The stock has a 50 day moving average price of $13.85 and a 200-day moving average price of $17.56. DigitalGlobe Inc has a 52-week low of $11.80 and a 52-week high of $35.91.
DigitalGlobe (NYSE:DGI) last announced its quarterly earnings data on Thursday, February 25th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.05. The business earned $181.70 million during the quarter, compared to analyst estimates of $173.07 million. The firm’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.14 earnings per share. Equities analysts forecast that DigitalGlobe Inc will post $0.05 EPS for the current year.
Several hedge funds and institutional investors have made changes to their positions in the stock. Assetmark acquired a new position in shares of DigitalGlobe during the third quarter worth about $0. California State Teachers Retirement System raised its stake in shares of DigitalGlobe by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 134,404 shares of the company’s stock worth $2,105,000 after buying an additional 2,176 shares during the last quarter. Nordea Investment Management AB raised its stake in shares of DigitalGlobe by 64.6% in the fourth quarter. Nordea Investment Management AB now owns 122,900 shares of the company’s stock worth $1,925,000 after buying an additional 48,248 shares during the last quarter. Skylands Capital raised its stake in shares of DigitalGlobe by 28.1% in the fourth quarter. Skylands Capital now owns 226,750 shares of the company’s stock worth $3,551,000 after buying an additional 49,700 shares during the last quarter. Finally, Horrell Capital Management Inc. raised its stake in shares of DigitalGlobe by 53.3% in the fourth quarter. Horrell Capital Management Inc. now owns 299,000 shares of the company’s stock worth $4,682,000 after buying an additional 103,900 shares during the last quarter.
A number of research firms recently issued reports on DGI. Chardan Capital downgraded DigitalGlobe from a “buy” rating to a “neutral” rating and set a $30.00 price objective for the company. in a report on Friday, February 26th. Zacks Investment Research cut DigitalGlobe from a “hold” rating to a “sell” rating in a research report on Friday, November 13th. Jefferies Group reissued a “buy” rating on shares of DigitalGlobe in a research report on Wednesday, December 30th. Finally, Benchmark Co. reduced their price target on DigitalGlobe to $15.00 and set a “hold” rating for the company in a research report on Friday, February 19th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. DigitalGlobe has a consensus rating of “Hold” and an average price target of $29.63.
DigitalGlobe, Inc (NYSE:DGI) is a provider of geospatial information products and services. The Company’s products and services support users in a variety of fields, including defense, intelligence and homeland security, mapping and analysis, environmental monitoring, oil and gas exploration, and infrastructure management.