Insider Selling: Walter S. Scott Unloads 1,533 Shares of DigitalGlobe Stock (DGI)
DigitalGlobe (NYSE:DGI) EVP Walter S. Scott sold 1,533 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $38.13, for a total transaction of $58,453.29. Following the completion of the transaction, the executive vice president now directly owns 33,550 shares in the company, valued at approximately $1,279,262. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of DigitalGlobe (NYSE:DGI) traded up 0.72% during mid-day trading on Tuesday, hitting $37.59. The stock had a trading volume of 575,202 shares. DigitalGlobe has a 52-week low of $25.21 and a 52-week high of $43.13. The stock’s 50-day moving average is $40.64 and its 200-day moving average is $35.29. The company’s market cap is $2.828 billion.
DGI has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of DigitalGlobe from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, January 27th. They now have a $43.30 price target on the stock. Analysts at Jefferies Group raised their price target on shares of DigitalGlobe from $43.00 to $50.00 in a research note to investors on Monday, January 27th. They now have a “buy” rating on the stock. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $39.33.
DigitalGlobe, Inc (NYSE:DGI) is a global provider of commercial earth imagery products and information services.
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