Form 4: Mink Brook Asset Management Increases Stake in DLH Holdings Corp. Through Recent Share Purchases

Sentiment:

Insider Transaction Report 23 May 2025 5:17 PM

Mink Brook Asset Management LLC, a 10% owner and director of DLH Holdings Corp., has increased its beneficial ownership through recent purchases of common stock.

Better than expectedThe document reports insider buying by a significant shareholder and director, which is generally perceived as a positive signal of confidence in the company's future performance.

Summary

Mink Brook Asset Management LLC, acting as investment manager for Mink Brook Partners LP, acquired additional shares of DLH Holdings Corp. common stock.
On May 22, 2025, 1,230 shares were purchased at a weighted average price of $4.9955 per share.
On May 23, 2025, an additional 2,561 shares were purchased at a weighted average price of $4.9848 per share.
Following these transactions, Mink Brook Partners LP beneficially owns 1,468,266 shares.
Mink Brook Opportunity Fund LP also beneficially owns 694,322 shares, bringing the total indirect beneficial ownership managed by Mink Brook Asset Management LLC to 2,162,588 shares.
The prices reported are weighted averages, with shares purchased in multiple transactions within specified price ranges ($4.97-$5.00 and $4.95-$5.00 respectively).

Sentiment

Score: 7

Explanation: The sentiment is positive due to the insider buying by a significant owner and director, indicating confidence in the company's valuation and future prospects. While the transaction amounts are not massive, they represent continued accumulation.

Positives

A significant shareholder and director, Mink Brook Asset Management LLC, increased its stake in DLH Holdings Corp., signaling continued confidence in the company's prospects.
The purchases were made at prices ranging from $4.95 to $5.00, indicating a belief in value at these levels.

Related Party Transactions

The transactions involve Mink Brook Asset Management LLC, which is the investment manager for Mink Brook Partners LP and Mink Brook Opportunity Fund LP, indicating dealings between related entities under common management.

Stakeholder Impact

Shareholders may view the insider buying as a positive indicator of management and significant investor confidence, potentially influencing investor sentiment and stock price.

Key Dates

Date	Description
05/22/2025	Date of transaction for the acquisition of 1,230 shares of Common Stock by Mink Brook Partners LP.
05/23/2025	Date of transaction for the acquisition of 2,561 shares of Common Stock by Mink Brook Partners LP.

Recommendation

buy

Keywords

DLH Holdings Corp., DLHC, Mink Brook Asset Management, Insider Trading, Form 4, Share Purchase, Beneficial Ownership, Investment Management, Equity Acquisition

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