Dlh Holdings director Mink Brook Asset Management buys $208 stock
Dlh Holdings director Mink Brook Asset Management buys $208 stock
Mink Brook Asset Management LLC, a director and 10% owner of DLH Holdings Corp. (NASDAQ:DLHC), acquired 60 shares of the company’s common stock on September 28, 2026.
The shares were purchased at a weighted average price of $3.4696, with individual transaction prices ranging from $3.4425 to $3.50. The total value of this acquisition amounted to approximately $208. The purchase comes as DLHC stock has declined roughly 37% over the past six months, currently trading at $3.77 near its 52-week low of $3.38. According to InvestingPro analysis, which offers detailed insights on over 1,400 US stocks through comprehensive Pro Research Reports, the company shows a strong free cash flow yield of 25% despite recent price weakness.
Following this transaction, Mink Brook Asset Management LLC indirectly holds 2,187,682 shares through Mink Brook Partners LP and 694,322 shares through Mink Brook Opportunity Fund LP. Mink Brook Asset Management LLC serves as the investment manager for both funds. The reporting entity and Mink Brook Capital GP LLC, the general partner for both funds, disclaim beneficial ownership of these shares except to the extent of their pecuniary interest.
In other recent news, DLH Holdings Corp. reported disappointing results for its fiscal third quarter of 2026. The company posted a loss of $1.16 per share on revenue of $44.2 million, significantly missing Wall Street’s expectations of an 11-cent loss per share and $53 million in revenue. This shortfall occurred as DLH completed its transition away from the VA CMOP program and dealt with restructuring costs. The company’s adjusted EBITDA was $3.4 million, with a margin of 7.7%, and free cash flow reached $4.2 million. DLH’s debt decreased to $128.7 million, down by $4 million from the previous quarter. Management noted that cost-scaling efforts are largely complete, and the focus is now on organic growth. Despite these challenges, DLH’s technology-powered solutions business generated $38 million in revenue, which management identified as the new baseline for future operations.
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