DHI Group (NYSE:DHX) Receives Outperform Rating from Barrington Research

Barrington Research reiterated their outperform rating on shares of DHI Group (NYSE:DHX - Free Report) in a research report report published on Friday morning,Benzinga reports. They currently have a $7.00 price objective on the technology company's stock.

DHI Group Stock Performance

DHX traded up $0.08 during trading on Friday, hitting $1.55. The stock had a trading volume of 38,023 shares, compared to its average volume of 193,229. The firm has a market capitalization of $75.83 million, a P/E ratio of 155.16 and a beta of 1.08. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.47 and a current ratio of 0.47. DHI Group has a twelve month low of $1.45 and a twelve month high of $3.32. The company's 50-day moving average price is $2.42 and its 200 day moving average price is $2.00.

DHI Group (NYSE:DHX - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.07 EPS for the quarter, beating analysts' consensus estimates 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 research analysts forecast that DHI Group will post 0.11 EPS for the current fiscal year.

DHI Group announced that its board has approved a share repurchase program on Tuesday, January 21st that authorizes the company to buyback $5.00 million in outstanding shares. This buyback authorization authorizes 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 management believes its shares are undervalued.

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Insider Buying and Selling at DHI Group

In other DHI Group news, Director Kathleen M. Swann sold 10,000 shares of the firm's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $2.96, for a total transaction of $29,600.00. Following the completion of the transaction, the director now directly owns 118,113 shares in the company, valued at approximately $349,614.48. This trade represents a 7.81 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last three months, insiders sold 15,200 shares of company stock valued at $39,830. Corporate insiders own 15.80% of the company's stock.

Institutional Investors Weigh In On DHI Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. AWM Investment Company Inc. lifted its stake in shares of DHI Group by 17.2% during the 4th quarter. AWM Investment Company Inc. now owns 681,000 shares of the technology company's stock worth $1,205,000 after purchasing an additional 100,000 shares during the period. Northern Trust Corp increased its stake in DHI Group by 7.0% during 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 during the last quarter. NewEdge Advisors LLC purchased a new position in shares of DHI Group in the 4th quarter worth about $32,000. XTX Topco Ltd acquired a new position in shares of DHI Group in the 4th quarter valued at about $25,000. Finally, Pacific Ridge Capital Partners LLC increased 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 in the last quarter. Hedge funds and other institutional investors own 69.26% of the company's stock.

About DHI Group

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.