DNB Asset Management AS Has $2.19 Million Stock Holdings in Draganfly Inc. $DPRO

DNB Asset Management AS boosted its position in Draganfly Inc. (NASDAQ:DPRO) by 151.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 269,591 shares of the company’s stock after purchasing an additional 162,408 shares during the period. DNB Asset Management AS owned about 4.96% of Draganfly worth $2,194,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Jones Financial Companies Lllp increased its position in Draganfly by 224.3% during the third quarter. Jones Financial Companies Lllp now owns 3,399 shares of the company’s stock worth $28,000 after buying an additional 2,351 shares during the last quarter. CWM LLC bought a new position in shares of Draganfly during the 3rd quarter worth approximately $61,000. SG Americas Securities LLC acquired a new position in shares of Draganfly during the 3rd quarter worth approximately $89,000. Jane Street Group LLC acquired a new position in shares of Draganfly during the 2nd quarter worth approximately $35,000. Finally, Verus Capital Partners LLC bought a new stake in Draganfly in the 3rd quarter valued at $111,000. Institutional investors own 10.39% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. LADENBURG THALM/SH SH raised shares of Draganfly to a “strong-buy” rating in a research report on Thursday, December 18th. Wall Street Zen downgraded shares of Draganfly from a “hold” rating to a “sell” rating in a report on Saturday, December 6th. Needham & Company LLC lowered their price target on shares of Draganfly from $20.00 to $14.00 and set a “buy” rating on the stock in a report on Thursday, November 13th. Finally, Northland Securities set a $20.00 price objective on shares of Draganfly in a research report on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Strong Buy” and a consensus price target of $16.75.

Draganfly Trading Down 6.5%

NASDAQ DPRO opened at $6.87 on Wednesday. The company has a market cap of $37.30 million, a price-to-earnings ratio of -3.71 and a beta of 2.66. The company has a 50 day moving average of $7.98 and a 200-day moving average of $7.58. Draganfly Inc. has a 1-year low of $1.63 and a 1-year high of $14.40.

About Draganfly

Draganfly Inc (NASDAQ: DPRO) is a Canada-based developer and manufacturer of unmanned aerial systems (UAS) and related software solutions for commercial, government and academic applications. Headquartered in Saskatoon, Saskatchewan, the company specializes in designing lightweight, modular drones that integrate advanced sensor payloads—including high-resolution imaging, multispectral and thermal cameras—to gather aerial data across a range of industries.

The company’s core offerings include turnkey UAS platforms, data-capture payloads and proprietary analytics software that enable clients to perform precision agriculture monitoring, land surveying, infrastructure inspection and environmental assessment.