Pacific Ridge Capital Partners LLC Grows Stock Position in DHI Group, Inc. (NYSE:DHX)

Pacific Ridge Capital Partners LLC increased its holdings in DHI Group, Inc. (NYSE:DHX - Free Report) by 9.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,237,947 shares of the technology company's stock after acquiring an additional 280,699 shares during the quarter. DHI Group makes up about 1.3% of Pacific Ridge Capital Partners LLC's holdings, making the stock its 27th biggest position. Pacific Ridge Capital Partners LLC owned 6.70% of DHI Group worth $5,731,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of DHX. Tieton Capital Management LLC lifted its position 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 purchasing an additional 587,376 shares during the period. Royce & Associates LP lifted its holdings in shares of DHI Group by 2.7% in the 4th quarter. Royce & Associates LP now owns 3,450,934 shares of the technology company's stock valued at $6,108,000 after buying an additional 91,786 shares during the period. Picton Mahoney Asset Management boosted its stake in shares of DHI Group by 92.1% in the fourth quarter. Picton Mahoney Asset Management now owns 17,618 shares of the technology company's stock valued at $31,000 after buying an additional 8,449 shares in the last quarter. Geode Capital Management LLC grew its holdings in DHI Group by 2.3% during the third 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 period. Finally, Connor Clark & Lunn Investment Management Ltd. raised its position in 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. Hedge funds and other institutional investors own 69.26% of the company's stock.

DHI Group Price Performance

NYSE:DHX traded down $0.08 during mid-day trading on Monday, hitting $1.41. 30,185 shares of the company's stock traded hands, compared to its average volume of 200,626. DHI Group, Inc. has a 1 year low of $1.32 and a 1 year high of $3.32. The company has a market cap of $68.74 million, a PE ratio of 140.64 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. The firm's 50 day simple moving average is $2.34 and its 200 day simple moving average is $1.99.

DHI Group (NYSE:DHX - Get Free Report) last posted its earnings results on Wednesday, February 5th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.04. DHI Group had a return on equity of 9.21% and a net margin of 0.18%. Sell-side analysts expect that DHI Group, Inc. will post 0.11 EPS for the current year.

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

Wall Street Analyst Weigh In

Separately, Barrington Research reissued an "outperform" rating and set a $7.00 price objective on shares of DHI Group in a report on Friday, March 21st.

Insider Buying and Selling

In other news, Director Kathleen M. Swann sold 10,000 shares of the company'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 owns 118,113 shares of the company's stock, valued at $349,614.48. This represents a 7.81 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last 90 days, insiders have sold 13,700 shares of company stock worth $37,175. 15.80% of the stock is owned by insiders.

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.