DHI Group Inc. (DHX) Shares Up 3.8%
DHI Group Inc. (NYSE:DHX)’s share price shot 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 trading hands. The stock had previously closed at $6.83.
Several research firms have commented on DHX. Cantor Fitzgerald reissued a “hold” rating on shares of DHI Group in a research report on Saturday, July 9th. Zacks Investment Research raised shares of DHI Group from a “sell” rating to a “hold” rating in a research report on Friday, June 24th. Credit Suisse Group AG reissued a “buy” rating on shares of DHI Group in a research report on Saturday, May 14th. Finally, B. Riley reissued a “neutral” rating and set a $8.50 target price on shares of DHI Group in a research report on Saturday, April 30th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. DHI Group currently has an average rating of “Hold” and a consensus price target of $9.50.
The company’s market cap is $366.08 million. The company has a 50 day moving average price of $6.71 and a 200-day moving average price of $7.56.
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 the Zacks’ consensus estimate of $0.08 by $0.06. During the same quarter in the previous year, the business posted $0.09 EPS. The business had revenue of $58.30 million for the quarter, compared to analyst estimates of $57.99 million. The business’s revenue for the quarter was down 4.2% on a year-over-year basis. Equities analysts expect that DHI Group Inc. will post $0.43 earnings per share for the current fiscal year.
In other news, insider John Benson sold 4,549 shares of the stock in a transaction that occurred on Friday, July 15th. The shares were sold at an average price of $6.83, for a total transaction of $31,069.67. Following the sale, the insider now owns 266,361 shares in the company, valued at $1,819,245.63. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Shravan Goli sold 15,144 shares of the stock in a transaction that occurred on Monday, April 25th. The shares were sold at an average price of $8.00, for a total transaction of $121,152.00. Following the sale, the insider now owns 177,742 shares in the company, valued at approximately $1,421,936. The disclosure for this sale can be found here.
Other large investors have recently bought and sold shares of the company. Russell Frank Co boosted its stake in 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. New York State Common Retirement Fund boosted its stake in 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. Cornerstone Capital Management Holdings LLC. increased 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 period. Finally, Matarin Capital Management LLC bought a new position in shares of DHI Group during the fourth quarter worth $2,524,000.
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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