Zacks Research cut shares of DHI Group (NYSE:DHX – Free Report) from a strong-buy rating to a hold rating in a research note published on Thursday morning,Zacks.com reports.
Several other research analysts have also weighed in on the company. B. Riley Financial lifted their price objective on DHI Group from $4.50 to $5.25 and gave the stock a “buy” rating in a research report on Thursday. Weiss Ratings cut DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 18th. Barrington Research reiterated an “outperform” rating and issued a $10.00 target price on shares of DHI Group in a report on Monday, May 18th. Wall Street Zen raised DHI Group from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Finally, Lake Street Capital upgraded DHI Group from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a report on Thursday. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, DHI Group has a consensus rating of “Hold” and an average price target of $6.75.
View Our Latest Research Report on DHI Group
DHI Group Trading Down 5.2%
DHI Group (NYSE:DHX – Get Free Report) last released its earnings results on Wednesday, August 5th. The technology company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.05. The business had revenue of $31.34 million for the quarter, compared to analyst estimates of $30.88 million. DHI Group had a net margin of 0.97% and a return on equity of 13.01%. On average, sell-side analysts predict that DHI Group will post 0.24 EPS for the current year.
Insider Buying and Selling at DHI Group
In other news, Director Kathleen M. Swann sold 20,000 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $3.83, for a total transaction of $76,600.00. Following the transaction, the director owned 193,154 shares in the company, valued at approximately $739,779.82. This represents a 9.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 16.20% of the company’s stock.
Institutional Trading of DHI Group
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC boosted its holdings in DHI Group by 258.8% in the first quarter. Cubist Systematic Strategies LLC now owns 20,920 shares of the technology company’s stock worth $29,000 after acquiring an additional 15,089 shares in the last quarter. Prudential Financial Inc. acquired a new stake in DHI Group in the second quarter valued at approximately $33,000. Invesco Ltd. bought a new stake in shares of DHI Group during the second quarter valued at approximately $45,000. Jacobs Levy Equity Management Inc. bought a new stake in shares of DHI Group during the third quarter valued at approximately $49,000. Finally, NewEdge Advisors LLC raised its position in shares of DHI Group by 122.3% during the first quarter. NewEdge Advisors LLC now owns 40,716 shares of the technology company’s stock worth $57,000 after purchasing an additional 22,399 shares during the period. 69.26% of the stock is owned by institutional investors.
About DHI Group
DHI Group, Inc (NYSE: DHX) is a specialized professional recruitment and career development company that operates digital platforms connecting technology and security-cleared professionals with employers worldwide. Founded in 1990 as a niche job board for technology talent, the company completed its initial public offering in 2007 and trades on the New York Stock Exchange under the ticker symbol DHX.
The company’s primary offerings include Dice.com, a careers platform designed for technology professionals, and ClearanceJobs, a specialized service catering to candidates holding U.S.
Featured Articles
- Five stocks we like better than DHI Group
- MarketBeat Week in Review – 08/03 – 08/07
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
Receive News & Ratings for DHI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DHI Group and related companies with MarketBeat.com's FREE daily email newsletter.
