Digital Brands Group Appoints New Securities Transfer Agent

An update from Digital Brands Group ( (DBGI) ) is now available.

On March 5, 2026, Digital Brands Group, Inc. terminated VStock Transfer, LLC as its transfer agent and appointed ClearTrust LLC to serve as its new transfer agent and registrar for the company’s securities. As part of the change, all shareholder records were moved to ClearTrust, marking an operational shift in how the company’s equity ownership records are administered and maintained, with potential implications for shareholder services and back-office processes.

The most recent analyst rating on (DBGI) stock is a Sell with a $7.50 price target. To see the full list of analyst forecasts on Digital Brands Group stock, see the DBGI Stock Forecast page.

Spark’s Take on DBGI Stock

According to Spark, TipRanks’ AI Analyst, DBGI is a Neutral.

The score is primarily constrained by weak financial performance—large operating losses, declining revenue, and ongoing cash burn—creating elevated execution and funding risk. Technicals also lean bearish with the stock below key moving averages and negative MACD. Recent corporate agreements are a positive offset, but they are not yet sufficient to outweigh the weak fundamentals.

To see Spark’s full report on DBGI stock, click here.

More about Digital Brands Group

Digital Brands Group, Inc. operates in the broader consumer and retail sector, where it issues and manages securities for its shareholders as part of its corporate finance and capital markets activities. The company relies on third-party transfer agents and registrars to maintain shareholder records and support the administration of its publicly traded equity.

Average Trading Volume: 580,656

Technical Sentiment Signal: Strong Sell

Current Market Cap: $25.22M

For a thorough assessment of DBGI stock, go to TipRanks’ Stock Analysis page.