DHI Group Inc. (DHX) Trading Up 3.8%
DHI Group Inc. (NYSE:DHX)’s share price was up 3.8% on Friday . The stock traded as high as $7.10 and last traded at $7.09, with a volume of 216,111 shares changing hands. The stock had previously closed at $6.83.
Several equities analysts have weighed in on DHX shares. Credit Suisse Group AG reissued a “buy” rating on shares of DHI Group in a report on Saturday, May 14th. Cantor Fitzgerald reaffirmed a “hold” rating on shares of DHI Group in a report on Saturday, July 9th. Zacks Investment Research raised DHI Group from a “sell” rating to a “hold” rating in a report on Friday, June 24th. Finally, B. Riley reaffirmed a “neutral” rating and issued a $9.00 price target on shares of DHI Group in a report on Monday, April 25th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. DHI Group presently has an average rating of “Hold” and an average target price of $9.50.
The company has a 50-day moving average price of $6.71 and a 200-day moving average price of $7.56. The company’s market capitalization is $366.08 million.
DHI Group (NYSE:DHX) last announced its quarterly earnings data on Wednesday, April 27th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by $0.06. The company had revenue of $58.30 million for the quarter, compared to the consensus estimate of $57.99 million. During the same period in the prior year, the firm posted $0.09 EPS. The firm’s revenue was down 4.2% compared to the same quarter last year. On average, equities research analysts anticipate that DHI Group Inc. will post $0.43 EPS for the current fiscal year.
In related news, insider Shravan Goli sold 15,144 shares of the business’s stock in a transaction that occurred on Monday, April 25th. The shares were sold at an average price of $8.00, for a total value of $121,152.00. Following the completion of the transaction, the insider now directly owns 177,742 shares in the company, valued at approximately $1,421,936. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider John Benson sold 31,791 shares of the business’s stock in a transaction that occurred on Tuesday, July 19th. The stock was sold at an average price of $6.82, for a total transaction of $216,814.62. Following the completion of the transaction, the insider now owns 266,361 shares of the company’s stock, valued at $1,816,582.02. The disclosure for this sale can be found here.
Other institutional investors have recently made changes to their positions in the company. Cornerstone Capital Management Holdings LLC. raised its position in shares of DHI Group by 180.2% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 125,832 shares of the company’s stock worth $1,154,000 after buying an additional 80,932 shares during the last quarter. Matarin Capital Management LLC purchased a new position in shares of DHI Group during the fourth quarter worth $2,524,000. New York State Common Retirement Fund raised its position in shares of DHI Group by 435.6% in the fourth quarter. New York State Common Retirement Fund now owns 394,783 shares of the company’s stock worth $3,620,000 after buying an additional 321,074 shares during the last quarter. Finally, Russell Frank Co raised its position in shares of DHI Group by 9.1% in the fourth quarter. Russell Frank Co now owns 425,892 shares of the company’s stock worth $4,012,000 after buying an additional 35,606 shares during the last quarter.
DHI Group, Inc formerly Dice Holdings, Inc is a provider of specialized Websites focused on select professional communities. The Company’s segments include Tech & Clearance, Finance, Energy, Healthcare and Hospitality. Its online communities enable professionals to manage their careers by finding relevant job opportunities and by building their knowledge through original and community-shared content.
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