DLH Holdings Corp. (DLHC) CEO Zachary Parker Buys 3,939 Shares

DLH Holdings Corp. (NASDAQ:DLHC) CEO Zachary Parker purchased 3,939 shares of DLH stock in a transaction dated Friday, December 15th. The stock was bought at an average price of $6.33 per share, with a total value of $24,933.87. Following the completion of the purchase, the chief executive officer now directly owns 141,432 shares of the company’s stock, valued at $895,264.56. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

Shares of DLH Holdings Corp. (NASDAQ:DLHC) opened at $6.42 on Tuesday. The stock has a market cap of $74.27, a P/E ratio of 23.15 and a beta of 0.67. DLH Holdings Corp. has a 12-month low of $4.10 and a 12-month high of $6.83.

A number of brokerages have recently commented on DLHC. Zacks Investment Research upgraded shares of DLH from a “hold” rating to a “buy” rating and set a $7.00 price target for the company in a research note on Friday, December 8th. TheStreet upgraded shares of DLH from a “c” rating to a “b-” rating in a research note on Wednesday, November 1st. Canaccord Genuity reiterated a “buy” rating and issued a $7.00 price target on shares of DLH in a research note on Friday, October 13th. Finally, ValuEngine lowered shares of DLH from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $7.17.

A number of hedge funds and other institutional investors have recently made changes to their positions in DLHC. Renaissance Technologies LLC grew its position in DLH by 12.4% during the first quarter. Renaissance Technologies LLC now owns 120,140 shares of the business services provider’s stock valued at $649,000 after buying an additional 13,250 shares during the period. Essex Investment Management Co. LLC grew its position in DLH by 149.2% during the third quarter. Essex Investment Management Co. LLC now owns 71,887 shares of the business services provider’s stock valued at $466,000 after buying an additional 43,043 shares during the period. Commonwealth Equity Services Inc bought a new stake in DLH during the third quarter valued at approximately $2,342,000. Finally, Dimensional Fund Advisors LP bought a new stake in DLH during the third quarter valued at approximately $121,000. Institutional investors own 54.89% of the company’s stock.

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DLH Company Profile

DLH Holdings Corp. provides healthcare and social services in the United States. It offers defense and veterans’ health solutions, including case management, physical and behavioral health examinations, and medical administration and logistics services. The company also provides a range of human services and solutions, which consists of educational and environmental support services for the underserved children and youth comprising health, nutritional, parental, and behavioral services; and IT system architecture design, migration plan, and ongoing maintenance services.

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

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