DHI Group, Inc. (NYSE:DHX) Shares Purchased by Tieton Capital Management LLC

Tieton Capital Management LLC grew its position in shares of DHI Group, Inc. (NYSE:DHX - Free Report) by 24.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,008,584 shares of the technology company's stock after acquiring an additional 587,376 shares during the quarter. DHI Group comprises about 2.1% of Tieton Capital Management LLC's investment portfolio, making the stock its 24th largest holding. Tieton Capital Management LLC owned about 6.23% of DHI Group worth $5,325,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of DHX. Picton Mahoney Asset Management boosted its stake 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 valued at $31,000 after purchasing an additional 8,449 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of DHI Group by 86.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,659 shares of the technology company's stock valued at $113,000 after buying an additional 28,552 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of 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 buying an additional 8,547 shares during the period. Finally, Royce & Associates LP grew its holdings in DHI Group by 2.7% in the 4th quarter. Royce & Associates LP now owns 3,450,934 shares of the technology company's stock worth $6,108,000 after buying an additional 91,786 shares in the last quarter. Institutional investors own 69.26% of the company's stock.

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Wall Street Analysts Forecast Growth

Separately, Barrington Research reaffirmed an "outperform" rating and set a $7.00 target price on shares of DHI Group in a research note on Friday, March 21st.

DHI Group Price Performance

DHX traded down $0.18 on Friday, reaching $1.49. The company had a trading volume of 76,145 shares, compared to its average volume of 201,291. The company has a market capitalization of $72.65 million, a P/E ratio of 148.65 and a beta of 1.08. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.28. The company has a fifty day moving average of $2.34 and a 200-day moving average of $1.99. DHI Group, Inc. has a one year low of $1.32 and a one year high of $3.32.

DHI Group (NYSE:DHX - Get Free Report) last posted 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%. As a group, equities research analysts anticipate that DHI Group, Inc. will post 0.11 earnings per share for the current year.

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

Insider Activity

In related news, Director Kathleen M. Swann sold 10,000 shares of the firm's stock in a transaction dated Wednesday, February 12th. The stock was 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 trade represents a 7.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In the last ninety days, insiders have sold 15,200 shares of company stock worth $39,830. 15.80% of the stock is owned by company 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.