DLH HLDGS CORP

Ticker: DLHC CUSIP: 23335Q100 Class: Common Stock

Minerva Advisors LLC's Holding History (CIK: 0001541536)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 1,113,057 Value ($000) $6,289 Avg Close $5.82 Range $5.41 - $8.10

Q3 2025

Shares 1,116,802 Value ($000) $6,310 Avg Close $5.64 Range $5.43 - $6.05

Q2 2025

Shares 1,110,743 Value ($000) $6,442 Avg Close $4.52 Range $2.72 - $5.85

Q1 2025

Shares 1,018,397 Value ($000) $4,125 Avg Close $6.13 Range $4.03 - $8.45

Q4 2024

Shares 847,592 Value ($000) $6,806 Avg Close $8.37 Range $7.34 - $9.58

Q3 2024

Shares 636,377 Value ($000) $5,950 Avg Close $10.53 Range $9.24 - $11.99

Q2 2024

Shares 512,581 Value ($000) $5,438 Avg Close $11.28 Range $9.55 - $13.64

Q1 2024

Shares 505,581 Value ($000) $6,653 Avg Close $15.47 Range $13.20 - $17.58

Q4 2023

Shares 505,581 Value ($000) $7,912 Avg Close $14.05 Range $11.25 - $17.00

Q3 2023

Shares 505,581 Value ($000) $5,723 Avg Close $10.84 Range $9.53 - $12.04

Q2 2023

Shares 433,408 Value ($000) $4,343 Avg Close $10.26 Range $9.01 - $11.93

Q1 2023

Shares 342,838 Value ($000) $3,836 Avg Close $11.96 Range $10.51 - $13.75

Q4 2022

Shares 195,189 Value ($000) $2,305 Avg Close $12.86 Range $11.70 - $14.30

Q3 2022

Shares 180,503 Value ($000) $2,215 Avg Close $15.74 Range $11.85 - $18.76

Q2 2022

Shares 152,178 Value ($000) $2,277 Avg Close $16.30 Range $14.53 - $19.50

Q1 2022

Shares 152,178 Value ($000) $2,860 Avg Close $17.67 Range $14.60 - $21.23

Q4 2021

Shares 152,178 Value ($000) $2,530 Avg Close $15.10 Range $12.10 - $21.49

Q3 2021

Shares 152,178 Value ($000) $1,834 Avg Close $11.42 Range $10.21 - $13.72

Q2 2021

Shares 152,178 Value ($000) $1,776 Avg Close $11.05 Range $9.97 - $13.14

Q1 2021

Shares 152,178 Value ($000) $1,505 Avg Close $10.47 Range $9.21 - $12.00

Q4 2020

Shares 145,722 Value ($000) $1,348 Avg Close $9.40 Range $7.32 - $10.91

Q3 2020

Shares 125,148 Value ($000) $907 Avg Close $8.41 Range $7.03 - $11.49

Q2 2020

Shares 92,688 Value ($000) $672 Avg Close $6.25 Range $3.95 - $9.00

Q1 2020

Shares 87,192 Value ($000) $366 Avg Close $4.52 Range $3.00 - $5.99

Q4 2019

Shares 87,192 Value ($000) $365 Avg Close $4.19 Range $3.90 - $4.66

Q3 2019

Shares 87,192 Value ($000) $376 Avg Close $4.65 Range $3.66 - $5.79

Q2 2019

Shares 79,192 Value ($000) $391 Avg Close $5.60 Range $4.50 - $6.50

Q1 2019

Shares 79,192 Value ($000) $507 Avg Close $5.79 Range $4.50 - $6.78

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,113,057	$6,289	$5.82	$5.41 - $8.10
Q3 2025	1,116,802	$6,310	$5.64	$5.43 - $6.05
Q2 2025	1,110,743	$6,442	$4.52	$2.72 - $5.85
Q1 2025	1,018,397	$4,125	$6.13	$4.03 - $8.45
Q4 2024	847,592	$6,806	$8.37	$7.34 - $9.58
Q3 2024	636,377	$5,950	$10.53	$9.24 - $11.99
Q2 2024	512,581	$5,438	$11.28	$9.55 - $13.64
Q1 2024	505,581	$6,653	$15.47	$13.20 - $17.58
Q4 2023	505,581	$7,912	$14.05	$11.25 - $17.00
Q3 2023	505,581	$5,723	$10.84	$9.53 - $12.04
Q2 2023	433,408	$4,343	$10.26	$9.01 - $11.93
Q1 2023	342,838	$3,836	$11.96	$10.51 - $13.75
Q4 2022	195,189	$2,305	$12.86	$11.70 - $14.30
Q3 2022	180,503	$2,215	$15.74	$11.85 - $18.76
Q2 2022	152,178	$2,277	$16.30	$14.53 - $19.50
Q1 2022	152,178	$2,860	$17.67	$14.60 - $21.23
Q4 2021	152,178	$2,530	$15.10	$12.10 - $21.49
Q3 2021	152,178	$1,834	$11.42	$10.21 - $13.72
Q2 2021	152,178	$1,776	$11.05	$9.97 - $13.14
Q1 2021	152,178	$1,505	$10.47	$9.21 - $12.00
Q4 2020	145,722	$1,348	$9.40	$7.32 - $10.91
Q3 2020	125,148	$907	$8.41	$7.03 - $11.49
Q2 2020	92,688	$672	$6.25	$3.95 - $9.00
Q1 2020	87,192	$366	$4.52	$3.00 - $5.99
Q4 2019	87,192	$365	$4.19	$3.90 - $4.66
Q3 2019	87,192	$376	$4.65	$3.66 - $5.79
Q2 2019	79,192	$391	$5.60	$4.50 - $6.50
Q1 2019	79,192	$507	$5.79	$4.50 - $6.78