← Back to all signals

DGII DIGI INTERNATIONAL INC

Last updated: Mar 17, 2026

🐂

Execution Consistency

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q1 2026: $5M, Q3 2025: $1M, Q2 2025: $1M, Q1 2025: $2M

🐂

Execution Acceleration

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $5M vs trailing avg $1M (+293%)

Buyback vs FCF

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Negative FCF ($-7M), cannot compute buyback ratio

🐂

Buyback Intensity

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 1,865,018 shares = 5.0% of 37,611,160 outstanding (annualized)

🐂

Insider Buying

Are officers and directors buying stock with their own money on the open market?

3 open-market purchases by 2 insiders

  • Konezny Ronald (PRESIDENT AND CEO) bought 2,500 shares at $19.78 on 2022-03-07
  • Loch James J. (SR VP, CFO AND TREASURER) bought 2,500 shares at $19.66 on 2022-03-07
  • Konezny Ronald (PRESIDENT AND CEO) bought 2,500 shares at $19.85 on 2022-03-04
🐻

Insider-Buyback Convergence

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 0 of 4 quarters

🐻

Insider Net Direction

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $0M, sold $19M (net selling)

🚩

Red Flag

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 125.5x more than bought. 4 C-suite officers among sellers

  • Freeland James E. (VP, Chief Information Officer) sold 1,355 shares on 2026-02-10
  • Loch James J. (SR VP, CFO AND TREASURER) sold 7,000 shares on 2023-03-06
  • Konezny Ronald (PRESIDENT AND CEO) sold 30,000 shares on 2023-03-02
  • Konezny Ronald (PRESIDENT AND CEO) sold 30,000 shares on 2023-03-03
  • Riley Kevin C. (President, Digi SmartSense) sold 5,283 shares on 2021-12-01
  • Riley Kevin C. (President, Digi SmartSense) sold 11,471 shares on 2021-12-02
  • Riley Kevin C. (President, Digi SmartSense) sold 74,219 shares on 2021-11-15
  • Riley Kevin C. (President, Digi SmartSense) sold 27,344 shares on 2021-11-16
  • Riley Kevin C. (President, IOT Solutions) sold 42,099 shares on 2020-11-17
  • Riley Kevin C. (President, IOT Solutions) sold 37,500 shares on 2020-11-19