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