DHI Group, Inc. (NYSE:DHX - Get Free Report) Director Kathleen M. Swann sold 10,000 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $2.96, for a total transaction of $29,600.00. Following the sale, the director now owns 118,113 shares in the company, valued at $349,614.48. The trade was a 7.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
DHI Group Stock Down 8.7 %
DHX traded down $0.29 on Monday, reaching $3.00. The company's stock had a trading volume of 205,512 shares, compared to its average volume of 182,037. The company has a market capitalization of $144.75 million, a price-to-earnings ratio of 299.80 and a beta of 1.11. DHI Group, Inc. has a fifty-two week low of $1.45 and a fifty-two week high of $3.32. The company has a quick ratio of 0.42, a current ratio of 0.47 and a debt-to-equity ratio of 0.28. The stock has a 50 day moving average of $2.30 and a two-hundred day moving average of $1.95.
DHI Group (NYSE:DHX - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.04. DHI Group had a net margin of 0.18% and a return on equity of 9.21%. As a group, analysts forecast that DHI Group, Inc. will post 0.12 EPS for the current fiscal year.
DHI Group declared that its Board of Directors has initiated a stock repurchase program on Tuesday, January 21st that permits the company to buyback $5.00 million in outstanding shares. This buyback authorization permits the technology company to reacquire up to 4.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.
Analyst Upgrades and Downgrades
Several research analysts have commented on DHX shares. Barrington Research reiterated an "outperform" rating and set a $7.00 price target on shares of DHI Group in a report on Thursday, February 6th. B. Riley lowered their target price on shares of DHI Group from $4.00 to $3.50 and set a "buy" rating for the company in a research note on Wednesday, November 13th.
Check Out Our Latest Report on DHI Group
Institutional Trading of DHI Group
Hedge funds and other institutional investors have recently made changes to their positions in the company. Tieton Capital Management LLC lifted its stake in DHI Group by 24.3% in the fourth quarter. Tieton Capital Management LLC now owns 3,008,584 shares of the technology company's stock valued at $5,325,000 after buying an additional 587,376 shares during the last quarter. Pacific Ridge Capital Partners LLC grew its position in DHI Group by 9.5% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 3,237,947 shares of the technology company's stock worth $5,731,000 after purchasing an additional 280,699 shares during the last quarter. CWC Advisors LLC. acquired a new position in DHI Group in the third quarter valued at $327,000. Royce & Associates LP boosted its stake in shares of DHI Group by 5.5% during the third quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company's stock worth $6,181,000 after buying an additional 174,010 shares during the period. Finally, GSA Capital Partners LLP grew its holdings in shares of DHI Group by 35.6% during the third quarter. GSA Capital Partners LLP now owns 225,353 shares of the technology company's stock worth $415,000 after buying an additional 59,155 shares during the last quarter. Institutional investors and hedge funds own 69.26% of the company's stock.
About DHI Group
(
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DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.
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