DASAN Zhone Solutions Inc (NASDAQ:DZSI) Director Michael Connors sold 3,333 shares of DASAN Zhone Solutions stock in a transaction on Monday, September 10th. The stock was sold at an average price of $10.24, for a total value of $34,129.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of DZSI opened at $10.19 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.55 and a quick ratio of 1.21. DASAN Zhone Solutions Inc has a one year low of $6.04 and a one year high of $11.75. The firm has a market capitalization of $169.27 million, a P/E ratio of 23.32 and a beta of 1.64.

DASAN Zhone Solutions (NASDAQ:DZSI) last issued its quarterly earnings data on Thursday, August 9th. The communications equipment provider reported $0.11 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.03. DASAN Zhone Solutions had a return on equity of 9.88% and a net margin of 2.64%. The company had revenue of $76.26 million during the quarter.

A number of large investors have recently added to or reduced their stakes in the business. BlackRock Inc. grew its holdings in DASAN Zhone Solutions by 130.9% during the second quarter. BlackRock Inc. now owns 464,502 shares of the communications equipment provider’s stock valued at $4,534,000 after purchasing an additional 263,301 shares during the period. Centaurus Financial Inc. grew its holdings in DASAN Zhone Solutions by 4,090.6% during the second quarter. Centaurus Financial Inc. now owns 378,917 shares of the communications equipment provider’s stock valued at $3,698,000 after purchasing an additional 369,875 shares during the period. Dimensional Fund Advisors LP grew its holdings in DASAN Zhone Solutions by 33.2% during the second quarter. Dimensional Fund Advisors LP now owns 76,471 shares of the communications equipment provider’s stock valued at $746,000 after purchasing an additional 19,063 shares during the period. Millennium Management LLC bought a new stake in DASAN Zhone Solutions during the first quarter valued at about $419,000. Finally, Bank of New York Mellon Corp bought a new stake in DASAN Zhone Solutions during the second quarter valued at about $185,000. 15.64% of the stock is owned by institutional investors and hedge funds.

DASAN Zhone Solutions Company Profile

DASAN Zhone Solutions, Inc provides network access solutions and communications equipment for service provider and enterprise networks worldwide. It offers broadband access products, including customer premise equipment, such as digital subscriber line (DSL) modems; Ethernet access demarcation devices; and gigabit passive optical network (GPON) and 10G point-to-point active Ethernet optical network terminals.

Read More: Book Value Per Share – BVPS

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