Meyer, director at Diamond Hill, sells $49,630 in stock

Published 09/09/2025, 15:36
Meyer, director at Diamond Hill, sells $49,630 in stock

Director Paula R. Meyer of Diamond Hill Investment Group Inc (NYSE:DHIL) sold 350 shares of common stock on September 5, 2025, at a price of $141.80, for a total of $49,630. The sale comes at a time when the company trades at an attractive P/E ratio of 8x and offers a 4.2% dividend yield, having maintained dividend payments for 18 consecutive years. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value estimate.

Following the transaction, Meyer directly owns 3,763 shares of Diamond Hill Investment Group Inc. The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission. While this insider has reduced their position, management has been actively buying back shares, and the company maintains strong financials with a current ratio of 3.3x. InvestingPro subscribers can access 3 more key insights about DHIL’s financial health and growth prospects.

In other recent news, Diamond Hill Investment Group, Inc. has announced a significant development regarding its leadership team. The company has entered into a new executive employment agreement with Heather E. Brilliant, its Chief Executive Officer and President. This agreement extends her term for an additional five years, effectively running until June 30, 2030. The new contract supersedes the previous agreement, which was set to expire at the end of 2026. Additionally, the contract includes provisions for automatic one-year renewals unless either party provides a 120-day notice of non-renewal. Under this agreement, Brilliant will continue to serve as CEO and President and will be nominated annually as a director. These developments reflect Diamond Hill’s commitment to stable leadership for the foreseeable future.

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