DHI Group Inc. (DHX) Shares Up 4%
DHI Group Inc. (NYSE:DHX) shares shot up 4% during mid-day trading on Thursday . The stock traded as high as $6.62 and last traded at $6.46, with a volume of 152,759 shares traded. The stock had previously closed at $6.21.
Several brokerages have recently issued reports on DHX. Cantor Fitzgerald reissued a “hold” rating on shares of DHI Group in a research report on Sunday, May 22nd. Credit Suisse Group AG reaffirmed a “buy” rating on shares of DHI Group in a research report on Saturday, May 14th. B. Riley reaffirmed a “neutral” rating and set a $9.00 price objective on shares of DHI Group in a research report on Monday, April 25th. Finally, Zacks Investment Research raised DHI Group from a “sell” rating to a “hold” rating in a research report on Friday, June 17th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $9.50.
The company’s 50 day moving average is $6.75 and its 200 day moving average is $7.73. The firm’s market cap is $338.59 million.
DHI Group (NYSE:DHX) last issued its quarterly earnings data on Wednesday, April 27th. The company reported $0.02 EPS 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 last year, the business earned $0.09 earnings per share. The firm’s quarterly revenue was down 4.2% compared to the same quarter last year. Analysts anticipate that DHI Group Inc. will post $0.43 earnings per share for the current 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 owns 177,742 shares of the company’s stock, valued at $1,421,936. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
A number of institutional investors have modified their holdings of the company. Wells Fargo & Company MN increased its position in shares of DHI Group by 0.3% in the fourth quarter. Wells Fargo & Company MN now owns 162,258 shares of the company’s stock worth $1,489,000 after buying an additional 538 shares during the period. Russell Frank Co increased 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. Dimensional Fund Advisors LP increased its position in shares of DHI Group by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,754,467 shares of the company’s stock worth $25,259,000 after buying an additional 39,615 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 last quarter. Finally, Alambic Investment Management L.P. acquired a new position in shares of DHI Group during the fourth quarter worth about $1,186,000.
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.
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.