DHI Group Inc. (DHX) Trading Up 1.8%
DHI Group Inc. (NYSE:DHX)’s share price was up 1.8% during trading on Wednesday . The stock 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.
Several equities analysts have recently commented on DHX shares. B. Riley reaffirmed a “neutral” rating and issued a $9.00 price target on shares of DHI Group in a research note on Monday, April 25th. Zacks Investment Research lowered DHI Group from a “hold” rating to a “sell” rating in a research note on Friday, April 29th. Credit Suisse Group AG reissued a “buy” rating on shares of DHI Group in a research note on Saturday, May 14th. Finally, Cantor Fitzgerald reissued a “hold” rating on shares of DHI Group in a research note on Sunday, May 22nd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $9.19.
The stock’s 50 day moving average price is $6.92 and its 200-day moving average price is $7.33. The company’s market cap is $359.13 million.
DHI Group (NYSE:DHX) last released its quarterly earnings results on Wednesday, July 27th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.02. The company had revenue of $57.70 million for the quarter, compared to analysts’ expectations of $58.67 million. The business’s quarterly revenue was down 6.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.11 EPS. On average, equities research 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 31,791 shares of DHI Group 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 completion of the sale, the insider now owns 266,361 shares of the company’s stock, valued at $1,816,582.02. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Shravan Goli sold 17,334 shares of the business’s stock in a transaction dated Wednesday, July 27th. The shares were sold at an average price of $7.56, for a total value of $131,045.04. Following the sale, the insider now directly owns 157,448 shares of the company’s stock, valued at approximately $1,190,306.88. The disclosure for this sale can be found here.
A number of large investors have recently bought and sold shares of the stock. Matarin Capital Management LLC purchased a new stake in DHI Group during the fourth quarter worth about $2,524,000. Cornerstone Capital Management Holdings LLC. boosted 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 in the last quarter. Finally, New York State Common Retirement Fund boosted 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 in 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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