DHI Group Inc. (DHX) Trading 1.8% Higher
DHI Group Inc. (NYSE:DHX)’s share price traded up 1.8% during trading on Wednesday . The company traded as high as $7.19 and last traded at $7.16, with a volume of 178,990 shares trading hands. The stock had previously closed at $7.03.
A number of equities analysts have recently commented on the stock. Zacks Investment Research raised shares of DHI Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 11th. B. Riley reaffirmed a “neutral” rating and set a $8.25 target price on shares of DHI Group in a research report on Saturday, July 30th. Cantor Fitzgerald reaffirmed a “hold” rating and set a $8.00 target price on shares of DHI Group in a research report on Wednesday, July 27th. Finally, Credit Suisse Group AG reaffirmed a “buy” rating on shares of DHI Group in a research report on Saturday, May 14th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $9.19.
The firm’s market cap is $360.63 million. The firm has a 50 day moving average price of $6.86 and a 200-day moving average price of $7.34.
DHI Group (NYSE:DHX) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.02. The business earned $57.70 million during the quarter, compared to the consensus estimate of $58.67 million. During the same quarter last year, the company posted $0.11 EPS. The firm’s revenue was down 6.8% on a year-over-year basis. Analysts forecast that DHI Group Inc. will post $0.43 EPS for the current fiscal year.
In other DHI Group news, insider Shravan Goli sold 17,334 shares of the stock in a transaction on Wednesday, July 27th. The stock was sold at an average price of $7.56, for a total transaction of $131,045.04. Following the transaction, the insider now owns 157,448 shares in the company, valued at approximately $1,190,306.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John Benson sold 31,791 shares of the stock in a transaction on Tuesday, July 19th. The stock was sold at an average price of $6.82, for a total value of $216,814.62. Following the transaction, the insider now owns 266,361 shares in the company, valued at approximately $1,816,582.02. The disclosure for this sale can be found here.
A number of hedge funds and institutional investors have recently bought and sold shares of the company. New York State Common Retirement Fund boosted its position 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 valued at $3,620,000 after buying an additional 321,074 shares during the last quarter. Matarin Capital Management LLC bought a new stake in DHI Group during the fourth quarter valued at about $2,524,000. Finally, Cornerstone Capital Management Holdings LLC. raised its stake in DHI Group by 180.2% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 125,832 shares of the company’s stock valued at $1,154,000 after buying an additional 80,932 shares during the period.
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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