Kathryn M. Johnbull Purchases 10,000 Shares of DLH Holdings Corp. (NASDAQ:DLHC) Stock

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

DLH Trading Down 5.5 %

Shares of NASDAQ:DLHC opened at $7.35 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.25. DLH Holdings Corp. has a 52-week low of $7.34 and a 52-week high of $17.58. The stock has a market cap of $105.74 million, a price-to-earnings ratio of 14.41 and a beta of 1.16. The business has a 50-day moving average price of $8.39 and a 200-day moving average price of $9.78.

Hedge Funds Weigh In On DLH

Institutional investors have recently bought and sold shares of the business. Rhumbline Advisers purchased a new stake in shares of DLH in the 2nd quarter valued at $90,000. Barclays PLC lifted its position in DLH by 299.3% during the third quarter. Barclays PLC now owns 11,716 shares of the business services provider’s stock valued at $109,000 after purchasing an additional 8,782 shares during the period. BNP Paribas Financial Markets boosted its holdings in DLH by 654.8% in the third quarter. BNP Paribas Financial Markets now owns 14,877 shares of the business services provider’s stock valued at $139,000 after purchasing an additional 12,906 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in DLH in the second quarter valued at $367,000. Finally, Bank of New York Mellon Corp grew its position in DLH by 160.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 37,238 shares of the business services provider’s stock worth $393,000 after purchasing an additional 22,928 shares during the period. 67.25% of the stock is owned by hedge funds and other institutional investors.

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).