Insider Buying: DLH Holdings Corp. (NASDAQ:DLHC) CFO Acquires 10,000 Shares of Stock

DLH Holdings Corp. (NASDAQ:DLHC) 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 purchased 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 owns 528,687 shares in the company, valued at approximately $4,102,611.12. This represents a 1.93 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

DLH Stock Performance

Shares of NASDAQ DLHC traded up $0.06 during mid-day trading on Thursday, hitting $7.84. The company had a trading volume of 4,278 shares, compared to its average volume of 48,576. The stock has a market cap of $112.79 million, a price-to-earnings ratio of 15.37 and a beta of 1.16. The firm’s 50 day simple moving average is $8.41 and its two-hundred day simple moving average is $9.80. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.99 and a quick ratio of 0.99. DLH Holdings Corp. has a 12 month low of $7.48 and a 12 month high of $17.58.

Hedge Funds Weigh In On DLH

Hedge funds have recently made changes to their positions in the business. Barclays PLC boosted its holdings in DLH by 299.3% during the third quarter. Barclays PLC now owns 11,716 shares of the business services provider’s stock worth $109,000 after buying an additional 8,782 shares in the last quarter. State Street Corp lifted its holdings in shares of 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. BNP Paribas Financial Markets raised its holdings in DLH by 654.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 14,877 shares of the business services provider’s stock worth $139,000 after buying an additional 12,906 shares during the period. Minerva Advisors LLC raised its holdings in shares of DLH by 24.2% during the third quarter. Minerva Advisors LLC now owns 636,377 shares of the business services provider’s stock valued at $5,950,000 after acquiring an additional 123,796 shares during the period. Finally, Albert D Mason Inc. lifted its position in shares of DLH by 1.5% in the 3rd quarter. Albert D Mason Inc. now owns 93,559 shares of the business services provider’s stock valued at $876,000 after acquiring an additional 1,403 shares in the last quarter. Institutional investors and hedge funds own 67.25% of the company’s stock.

About DLH

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).