Digital Ally, Inc. (NASDAQ:DGLY) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN raised its position in shares of Digital Ally, Inc. (NASDAQ:DGLY) by 3.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,617 shares of the scientific and technical instruments company’s stock after buying an additional 1,283 shares during the period. Wells Fargo & Company MN owned approximately 0.64% of Digital Ally worth $157,000 at the end of the most recent quarter.

Separately, Honkamp Krueger Financial Services Inc. raised its position in shares of Digital Ally by 25.1% in the first quarter. Honkamp Krueger Financial Services Inc. now owns 24,936 shares of the scientific and technical instruments company’s stock worth $107,000 after buying an additional 5,000 shares during the last quarter. Institutional investors own 6.57% of the company’s stock.

Shares of Digital Ally, Inc. (NASDAQ:DGLY) traded down 1.47% during midday trading on Friday, reaching $3.35. The company’s stock had a trading volume of 51,382 shares. The company’s market capitalization is $19.02 million. Digital Ally, Inc. has a 52-week low of $2.70 and a 52-week high of $6.75. The stock has a 50 day moving average price of $3.48 and a 200-day moving average price of $3.99.

Digital Ally (NASDAQ:DGLY) last posted its earnings results on Monday, August 14th. The scientific and technical instruments company reported ($0.41) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.24) by $0.17. The company had revenue of $3.50 million for the quarter, compared to the consensus estimate of $4.95 million. Digital Ally had a negative return on equity of 148.01% and a negative net margin of 72.07%. Digital Ally’s quarterly revenue was down 20.5% compared to the same quarter last year. During the same quarter last year, the business earned ($0.54) EPS. Equities research analysts expect that Digital Ally, Inc. will post ($1.04) EPS for the current year.

ILLEGAL ACTIVITY WARNING: “Digital Ally, Inc. (NASDAQ:DGLY) Shares Bought by Wells Fargo & Company MN” was reported by BNB Daily and is the property of of BNB Daily. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://www.baseball-news-blog.com/2017/08/19/wells-fargo-company-mn-has-157000-position-in-digital-ally-inc-nasdaqdgly-updated-updated-updated.html.

A number of equities analysts have issued reports on DGLY shares. Westpark Capital set a $8.00 target price on Digital Ally and gave the company a “buy” rating in a research report on Wednesday. Maxim Group set a $9.00 target price on Digital Ally and gave the company a “buy” rating in a research report on Tuesday. Zacks Investment Research raised Digital Ally from a “sell” rating to a “hold” rating in a research report on Tuesday, May 30th. Finally, ValuEngine raised Digital Ally from a “strong sell” rating to a “sell” rating in a research report on Wednesday, May 17th.

Digital Ally Company Profile

Digital Ally, Inc produces digital video imaging and storage products for use in law enforcement, security and commercial applications. The Company’s products include in-car digital video/audio recorder contained in a rear-view mirror for use in law enforcement and commercial fleets; a system that provides its law enforcement customers with audio/video surveillance from multiple vantage points and hands-free automatic activation of body-worn cameras and in-car video systems; a weather-resistant mobile digital video recording system for use on motorcycles, all-terrain vehicles (ATVs) and boats; a miniature digital video system designed to be worn on an individual’s body, and a hand-held laser speed detection device that it offers primarily to law enforcement agencies.

Receive News & Ratings for Digital Ally Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Ally Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply