First Eagle Investment Management LLC reduced its holdings in DHI Group, Inc. (NYSE:DHX - Free Report) by 36.4% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 422,675 shares of the technology company's stock after selling 242,253 shares during the quarter. First Eagle Investment Management LLC owned 0.87% of DHI Group worth $748,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. increased its stake in DHI Group by 86.2% in the 3rd 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 during the last quarter. GSA Capital Partners LLP increased its stake in DHI Group by 35.6% in the 3rd quarter. GSA Capital Partners LLP now owns 225,353 shares of the technology company's stock worth $415,000 after acquiring an additional 59,155 shares during the last quarter. Geode Capital Management LLC increased its stake in DHI Group by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company's stock worth $698,000 after acquiring an additional 8,547 shares during the last quarter. Finally, Royce & Associates LP increased its position in shares of DHI Group by 5.5% during the 3rd quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company's stock valued at $6,181,000 after purchasing an additional 174,010 shares during the last quarter. 69.26% of the stock is currently owned by institutional investors.
Insider Activity at DHI Group
In other DHI Group news, Director Kathleen M. Swann sold 10,000 shares of the stock in a transaction that occurred 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 completion of the sale, the director now 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 filing with the SEC, which can be accessed through the SEC website. Insiders sold 15,200 shares of company stock worth $39,830 in the last ninety days. 15.80% of the stock is owned by company insiders.
DHI Group Price Performance
Shares of DHI Group stock traded down $0.08 during trading on Thursday, hitting $1.66. 88,054 shares of the stock traded hands, compared to its average volume of 201,640. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.28. The stock has a market cap of $80.97 million, a price-to-earnings ratio of 165.67 and a beta of 1.08. The firm's fifty day moving average is $2.44 and its 200-day moving average is $2.00. DHI Group, Inc. has a 52 week low of $1.45 and a 52 week high of $3.32.
DHI Group (NYSE:DHX - Get Free Report) last issued its earnings results on Wednesday, February 5th. The technology company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.04. DHI Group had a return on equity of 9.21% and a net margin of 0.18%. Research analysts expect that DHI Group, Inc. will post 0.11 EPS for the current fiscal year.
DHI Group announced that its board has authorized a stock repurchase program on Tuesday, January 21st that allows the company to repurchase $5.00 million in shares. This repurchase authorization allows the technology company to reacquire up to 4.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its stock is undervalued.
Analyst Ratings Changes
Separately, Barrington Research reiterated an "outperform" rating and set a $7.00 price objective on shares of DHI Group in a research report on Thursday, February 6th.
Check Out Our Latest Stock Report on DHX
About DHI Group
(
Free Report)
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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