Drilling Tools International (NASDAQ:DTI) Director Ira Harris Green, Jr. Buys 25,000 Shares of Company Stock

Drilling Tools International Corp. (NASDAQ:DTI) Director Ira Harris Green, Jr. bought 25,000 shares of the firm’s stock in a transaction that occurred on Monday, November 9th. The shares were acquired at an average price of $1.63 per share, with a total value of $40,750.00. Following the completion of the transaction, the director directly owned 42,207 shares of the company’s stock, valued at $68,797.41. This trade represents a 145.29% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Drilling Tools International Price Performance

Shares of DTI opened at $1.48 on Wednesday. The business’s 50-day moving average is $2.11 and its two-hundred day moving average is $2.80. The company has a market capitalization of $52.21 million, a P/E ratio of -11.38, a P/E/G ratio of 4.39 and a beta of -0.56. Drilling Tools International Corp. has a fifty-two week low of $1.35 and a fifty-two week high of $4.69. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.58 and a current ratio of 2.08.

Drilling Tools International (NASDAQ:DTI) last issued its earnings results on Thursday, November 5th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.05). The company had revenue of $40.65 million during the quarter, compared to analysts’ expectations of $40.87 million. Drilling Tools International had a negative return on equity of 0.40% and a negative net margin of 3.06%. Research analysts predict that Drilling Tools International Corp. will post 0.04 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Private Management Group Inc. acquired a new position in Drilling Tools International during the second quarter worth about $3,361,000. Walleye Capital LLC purchased a new position in Drilling Tools International during the first quarter worth about $1,243,000. Arrowstreet Capital Limited Partnership acquired a new position in Drilling Tools International during the first quarter worth $954,000. AXQ Capital LP boosted its holdings in Drilling Tools International by 93.5% during the 2nd quarter. AXQ Capital LP now owns 48,048 shares of the company’s stock valued at $93,000 after acquiring an additional 23,213 shares during the period. Finally, Empowered Funds LLC purchased a new position in shares of Drilling Tools International in the second quarter valued at approximately $103,000. 2.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on DTI shares. Zacks Research cut shares of Drilling Tools International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. Jefferies Financial Group reiterated a “hold” rating and issued a $2.80 price objective on shares of Drilling Tools International in a research report on Sunday, August 9th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Drilling Tools International in a research note on Monday, October 26th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $2.80.

Key Drilling Tools International News

Here are the key news stories impacting Drilling Tools International this week:

• Positive Sentiment: Three insiders bought a combined 155,350 shares for about $255,000. CEO Robert Prejean purchased 100,000 shares, while the CFO and a director also increased their holdings—an encouraging signal of confidence from company leadership. CEO SEC filing CFO SEC filing Director SEC filing
• Neutral Sentiment: A report listed short interest at zero shares, so it indicates no measurable short position in the figures provided, rather than a notable short squeeze setup.
• Negative Sentiment: DTI’s third-quarter adjusted results missed estimates as higher costs offset stronger sales. Increased capital spending is also weighing on the company’s 2026 free-cash-flow outlook. Zacks earnings article
• Negative Sentiment: Sidoti cut several earnings forecasts, including FY2027 EPS to $0.13 from $0.16 and Q4 2026 EPS to $0.03 from $0.06. The reductions reinforce concerns about near-term profitability.

Drilling Tools International Company Profile

Drilling Tools International Corporation (NASDAQ: DTI) provides rental tools and related services to the oil and gas drilling industry. The company supplies downhole equipment used in drilling, completion and production operations, serving exploration and production companies, drilling contractors and oilfield service providers. Its product offering includes drill pipe, drill collars, heavy-weight drill pipe, stabilizers, subs, mud motors, drilling jars and other specialized downhole tools. Drilling Tools International also provides equipment inspection, maintenance, repair, refurbishment and machining services intended to support the safe and efficient use of drilling equipment.