Diamond Hill Investment Group director buys $7,175 in shares

Richard Scott Cooley, a director at Diamond Hill Investment Group (NASDAQ:DHIL), recently purchased 50 shares of the company’s common stock, according to a recent SEC filing. The shares were acquired at a price of $143.50 each, amounting to a total transaction value of $7,175. The purchase comes as the company trades at an attractive P/E ratio of 9.26, with InvestingPro analysis suggesting the stock is currently undervalued. Following this purchase, Cooley now directly owns 10,709 shares of Diamond Hill. This acquisition reflects Cooley’s continued investment in the investment advice firm headquartered in Columbus (WA:CLC), Ohio. The company, with a market capitalization of $400 million, maintains strong financial health according to InvestingPro metrics, having maintained dividend payments for 18 consecutive years. Subscribers to InvestingPro can access 4 additional exclusive insights about Diamond Hill’s financial performance and growth potential.

In other recent news, Diamond Hill Investment Group Inc. disclosed its asset management figures for February 2025, revealing a total of $30.939 billion in assets under management, according to an 8-K filing with the Securities and Exchange Commission. This marks an increase from the $30.837 billion reported at the end of January 2025. The Diamond Hill Funds held the largest portion of assets, totaling $19.182 billion in February, compared to $18.785 billion in January. Separately managed accounts and other investment vehicles also showed slight changes in their asset allocations.

The Large Cap strategy remained dominant, with $17.861 billion in assets for February, a slight decrease from January’s $18.166 billion. Other strategies, including Long-Short and Core Fixed Income, maintained their positions within the portfolio. The SEC filings underscore Diamond Hill’s ongoing presence in the investment advisory market, reflecting its ability to manage a diverse range of investment strategies. These recent developments highlight the firm’s continued growth and adaptation to investor needs.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.