DHI Group Inc. (DHX) Stock Price Up 1.9%
Shares of DHI Group Inc. (NYSE:DHX) rose 1.9% during mid-day trading on Wednesday . The company traded as high as $7.42 and last traded at $7.38, with a volume of 53,371 shares traded. The stock had previously closed at $7.24.
DHX has been the subject of a number of research analyst reports. Zacks Investment Research upgraded shares of DHI Group from a “sell” rating to a “hold” rating in a research note on Friday, June 24th. Cantor Fitzgerald restated a “hold” rating and issued a $8.00 price target on shares of DHI Group in a research note on Wednesday, July 27th. B. Riley restated a “neutral” rating and issued a $8.50 price target on shares of DHI Group in a research note on Saturday, April 30th. Finally, Credit Suisse Group AG restated a “buy” rating on shares of DHI Group in a research note on Saturday, May 14th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $9.19.
The firm’s 50 day moving average is $7.05 and its 200-day moving average is $7.28. The firm’s market capitalization is $377.66 million.
DHI Group (NYSE:DHX) last announced its earnings results on Wednesday, July 27th. The company reported $0.10 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.02. The business earned $57.70 million during the quarter, compared to analyst estimates of $58.67 million. The business’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.11 earnings per share. Equities research analysts forecast that DHI Group Inc. will post $0.43 EPS for the current year.
In related news, insider Shravan Goli sold 17,334 shares of DHI Group stock in a transaction dated Wednesday, July 27th. The stock was sold at an average price of $7.56, for a total value of $131,045.04. Following the completion of the sale, the insider now directly owns 157,448 shares in the company, valued at $1,190,306.88. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider John Benson sold 4,549 shares of DHI Group stock in a transaction dated Friday, July 15th. The stock was sold at an average price of $6.83, for a total value of $31,069.67. Following the completion of the sale, the insider now owns 266,361 shares of the company’s stock, valued at $1,819,245.63. The disclosure for this sale can be found here.
An institutional investor recently bought a new position in DHI Group stock. Matarin Capital Management LLC acquired a new position in DHI Group Inc. (NYSE:DHX) during the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 275,262 shares of the company’s stock, valued at approximately $2,524,000. Matarin Capital Management LLC owned 0.55% of DHI Group at the end of the most recent 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.