Insider purchases recorded
Mink Brook Asset Management LLC, listed as a 10% owner of DLH Holdings Corp (NASDAQ:DLHC), reported purchases of the company’s common stock with a combined value of $135,844. The activity was disclosed on a Form 4 filing with the U.S. Securities and Exchange Commission.
The filing shows Mink Brook Asset Management acquired 2,642 shares on February 17, 2026 and an additional 22,057 shares on February 18, 2026. Both transactions were executed at $5.50 per share.
Post-transaction holdings
Following these purchases, related Mink Brook entities maintain substantial direct ownership in DLH Holdings. Mink Brook Partners LP directly holds 1,975,147 shares, while Mink Brook Opportunity Fund LP directly owns 694,322 shares, as reported in the filing.
Context from DLH’s latest quarter
DLH Holdings released its Q1 2026 results that showed an earnings per share (EPS) shortfall relative to analyst expectations. The company reported EPS of -$0.09 versus an expected $0.07, representing a forecast surprise of -228.57%.
Revenue for the quarter was $68.9 million, down from $90.8 million in the year-ago period. The company’s results therefore combined a material revenue decline with an EPS miss, which the filing and subsequent commentary characterized as a challenging quarter for DLH Holdings.
The earnings release attracted attention from investors and analysts because the deviation from expectations was substantial. The company’s share price declined following the announcement, though specific price movements are not the focus here.
What this means going forward
The Form 4 disclosure documents the insider purchasing activity and the current size of Mink Brook-affiliated positions. Separately, DLH’s reported quarter highlights a period of operational and financial underperformance relative to expectations. Market participants will likely continue to monitor both insider transactions and upcoming quarterly reports for further signals about the company’s near-term trajectory.