DLH Holdings Corp. (NASDAQ:DLHC) CFO Acquires $77,600.00 in Stock

DLH Holdings Corp. (NASDAQ:DLHC) CFO Kathryn M. Johnbull purchased 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The stock was bought at an average cost of $7.76 per share, for a total transaction of $77,600.00. Following the completion of the acquisition, the chief financial officer now directly owns 528,687 shares in the company, valued at $4,102,611.12. The trade was a 1.93 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

DLH Stock Performance

Shares of DLHC stock opened at $7.67 on Friday. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a market cap of $110.34 million, a price-to-earnings ratio of 15.04 and a beta of 1.16. DLH Holdings Corp. has a 52 week low of $7.34 and a 52 week high of $17.58. The firm’s 50-day simple moving average is $8.36 and its two-hundred day simple moving average is $9.75.

Institutional Investors Weigh In On DLH

A number of hedge funds have recently modified their holdings of DLHC. Rhumbline Advisers bought a new position in DLH during the second quarter valued at $90,000. Barclays PLC lifted its position in shares of DLH by 299.3% during the 3rd quarter. Barclays PLC now owns 11,716 shares of the business services provider’s stock valued at $109,000 after buying an additional 8,782 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of 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 acquiring an additional 12,906 shares during the period. Squarepoint Ops LLC purchased a new stake in DLH in the 2nd quarter worth about $367,000. Finally, Bank of New York Mellon Corp raised its stake in DLH by 160.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 37,238 shares of the business services provider’s stock valued at $393,000 after acquiring an additional 22,928 shares during the period. Institutional investors own 67.25% of the company’s stock.

DLH Company Profile

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).