Barrington Research Reiterates Outperform Rating for DHI Group (NYSE:DHX)

Barrington Research reaffirmed their outperform rating on shares of DHI Group (NYSE:DHX - Free Report) in a research note published on Friday,Benzinga reports. The firm currently has a $7.00 price target on the technology company's stock.

DHI Group Trading Down 4.6 %

NYSE:DHX traded down $0.07 on Friday, reaching $1.45. The company's stock had a trading volume of 136,057 shares, compared to its average volume of 200,310. DHI Group has a 12-month low of $1.45 and a 12-month high of $3.32. The stock has a 50 day moving average price of $2.39 and a 200 day moving average price of $2.00. The firm has a market cap of $70.94 million, a price-to-earnings ratio of 145.15 and a beta of 1.08. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.28.

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 (EPS) for the quarter, beating 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%. On average, equities analysts anticipate that DHI Group will post 0.11 EPS for the current fiscal year.

DHI Group announced that its board has authorized a stock buyback plan on Tuesday, January 21st that authorizes the company to repurchase $5.00 million in shares. This repurchase authorization authorizes the technology company to buy up to 4.4% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.

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Insider Buying and Selling at DHI Group

In related news, Director Kathleen M. Swann sold 10,000 shares of the business's stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $2.96, for a total value of $29,600.00. Following the sale, the director now owns 118,113 shares in the company, valued at approximately $349,614.48. The trade was a 7.81 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 15,200 shares of company stock valued at $39,830 over the last quarter. 15.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On DHI Group

Institutional investors have recently bought and sold shares of the company. XTX Topco Ltd purchased a new position in shares of DHI Group in the fourth quarter valued at approximately $25,000. Picton Mahoney Asset Management lifted its holdings in DHI Group by 92.1% during the 4th quarter. Picton Mahoney Asset Management now owns 17,618 shares of the technology company's stock worth $31,000 after buying an additional 8,449 shares in the last quarter. NewEdge Advisors LLC purchased a new position in DHI Group in the 4th quarter valued at approximately $32,000. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of DHI Group by 86.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,659 shares of the technology company's stock worth $113,000 after acquiring an additional 28,552 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of DHI Group by 7.0% in the fourth quarter. Northern Trust Corp now owns 77,687 shares of the technology company's stock worth $138,000 after acquiring an additional 5,090 shares in the last quarter. 69.26% of the stock is owned by institutional investors and hedge funds.

DHI Group Company Profile

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.