CEO Jeffrey Tarr, DigitalGlobe Inc Insider Buys $62,100 of Shares on February 26, 2014

Jeffrey Tarr, CEO of DigitalGlobe Inc., bought 2,000 shares of DigitalGlobe Inc. (Stock Symbol:DGI) at $31.04 per share for a total amount of $62.1 thousand on February 26, 2014. DigitalGlobe Inc. is headquartered in Longmont, Colorado. On Feb 26, 2014, DigitalGlobe Inc. DigitalGlobe, Inc. (NYSE: DGI), a leading provider of commercial high-resolution earth observation and advanced geospatial solutions, announced that it has acquired Spatial Energy, a leading source for digital imagery and related services to the energy industry. Financial terms of the transaction were not disclosed. On Feb 26, 2014, DigitalGlobe Inc. announced its latest quarterly and annual results. Fourth quarter 2013 revenue was $169.7 million, a 35% increase compared with the same period last year. Net income for the fourth quarter was $15.1 million, with net income available to common shareholders of $13.6 million, or $0.18 per diluted share. Fourth quarter 2013 EBITDA was $73.5 million, driving an EBITDA margin of 43%. Excluding $9.2 million of restructuring and integration costs related to the combination with GeoEye yields Adjusted EBITDA of $82.7 million, a margin of 49%. Full year 2013 revenue was $612.7 million, a 45% increase compared with 2012. The company reported a net loss of $(68.3) million, and a net loss available to common shareholders of $(71.9) million, or $(1.00) per diluted share. Fourth quarter and full-year 2013 results reflect fully diluted share counts of 76.0 million and 71.8 million, respectively. Full-year EBITDA was $122.4 million, yielding an EBITDA margin of 20%. Excluding $89.9 million of restructuring and integration costs related to the combination with GeoEye and a $17.8 million loss from early extinguishment of debt yields Adjusted EBITDA of $230.1 million, with an associated margin of 38%. According to Capital IQ, DigitalGlobe Inc. has a market cap of $2.39 billion, an enterprise value of $3.37 billion, and trailing 12 month revenues of $612.70 million. DigitalGlobe, Inc. provides imagery and imagery information products and services in the United States and internationally. It offers satellite imagery contents, and elevation series of digital surface and terrain models, as well as analysis products and services to provide context and insight to imagery; Global Basemap, which allows customers to access imagery at various processing levels over its hosted network; and precision aerial imagery products consisting of digital aerial orthomosaic imagery. The company allows its customers in Direct Access Program, to directly task and receive imagery from its satellites. It also provides a range of on-and off-line distribution options, which enable its customers to access and integrate imagery into their business operations and applications. The company’s products and services are used in defense, intelligence, and homeland security applications, as well as mapping and analysis, environmental monitoring, oil and gas exploration, and infrastructure management uses. Its principal customers include governments, civil agencies, and providers of location-based services, as well as various companies in other industry verticals, such as the financial services, energy, telecommunications, utility, forestry, mining, environmental, and agricultural industries. The company sells its products and services through a combination of direct and indirect channels consisting of a network of resellers, strategic partners, direct enterprise sales, and Web services. The company was formerly known as EarthWatch, Incorporated and changed its name to DigitalGlobe, Inc. in August 2002. DigitalGlobe, Inc. was incorporated in 1993 and is headquartered in Longmont, Colorado. Jeffrey Tarr’s most recent annual compensation from DigitalGlobe Inc. is a salary of $3,480,50. Mr. Tarr is 51 years old. According to his biography, Mr. Jeffrey R. Tarr is President, Chief Executive Officer, Director of DigitalGlobe Inc., since April 5, 2011. Prior to joining the company, from 2008 to December 2010 Mr. Tarr served as the President and Chief Operating Officer of IHS Inc., a provider of information and insight in energy, economics, geopolitical risk, environmental sustainability and supply chain management. Before becoming President and Chief Operating Officer of IHS in 2008, Mr. Tarr was Co-President and Co-Chief Operating Officer (2007-2008) and President and Chief Operating Officer of one of the company’s two operating divisions (2004-2007). Mr. Tarr led Hoover’s Inc. from 2001 through 2004. He served as the Chief Executive Officer, President and a director from 2001 and additionally as Chairman from 2002 until The Dun & Bradstreet Corporation acquired Hoover’s in 2003. Subsequent to the acquisition, Mr. Tarr served as President of Hoover’s. Prior to that, Mr. Tarr served as President and Chief Executive Officer of All.com, Inc. Earlier in his career, Mr. Tarr held senior level positions at US West, Inc., TecMagik and International Development Group. Mr. Tarr began his career with Bain & Company. Mr. Tarr is a director of The Corporate Executive Board Company, a provider of research and analysis focused on strategy, operations and general management issues. Mr. Tarr holds a Master of Business Administration from Stanford University and a Bachelor of Arts from Princeton University’s Woodrow Wilson School of Public and International Affairs. All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.