Nantahala Capital Management LLC Invests $8.81 Million in DHI Group, Inc. $DHX

Nantahala Capital Management LLC bought a new stake in shares of DHI Group, Inc. (NYSE:DHXFree Report) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 2,374,027 shares of the technology company’s stock, valued at approximately $8,807,640. Nantahala Capital Management LLC owned 0.05% of DHI Group at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of DHX. Geode Capital Management LLC raised its holdings in DHI Group by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 361,314 shares of the technology company’s stock worth $1,073,000 after buying an additional 4,188 shares during the period. Empowered Funds LLC lifted its stake in DHI Group by 13.9% in the 1st quarter. Empowered Funds LLC now owns 75,295 shares of the technology company’s stock worth $212,000 after acquiring an additional 9,192 shares in the last quarter. Sei Investments Co. boosted its position in DHI Group by 22.3% during the 2nd quarter. Sei Investments Co. now owns 57,089 shares of the technology company’s stock worth $170,000 after acquiring an additional 10,426 shares during the period. Prudential Financial Inc. acquired a new stake in DHI Group during the 2nd quarter worth about $33,000. Finally, Bank of America Corp DE grew its stake in DHI Group by 17.8% during the 1st quarter. Bank of America Corp DE now owns 87,978 shares of the technology company’s stock valued at $247,000 after acquiring an additional 13,317 shares in the last quarter. Institutional investors and hedge funds own 69.26% of the company’s stock.

DHI Group Trading Down 0.7%

NYSE:DHX opened at $4.07 on Friday. DHI Group, Inc. has a 12 month low of $1.44 and a 12 month high of $4.50. The firm has a market cap of $176.72 million, a price-to-earnings ratio of 135.71 and a beta of 1.21. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.34. The company’s 50 day moving average is $3.98 and its 200-day moving average is $3.34.

DHI Group (NYSE:DHXGet Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.05. DHI Group had a net margin of 0.97% and a return on equity of 13.01%. The business had revenue of $31.34 million during the quarter, compared to the consensus estimate of $30.88 million. Equities analysts anticipate that DHI Group, Inc. will post 0.27 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on DHX shares. Zacks Research downgraded DHI Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Lake Street Capital upgraded shares of DHI Group from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a report on Thursday, August 6th. Barrington Research reaffirmed an “outperform” rating and set a $10.00 price objective on shares of DHI Group in a research report on Monday, May 18th. Wall Street Zen upgraded shares of DHI Group from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Finally, B. Riley Financial increased their target price on shares of DHI Group from $4.50 to $5.25 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, DHI Group presently has a consensus rating of “Moderate Buy” and an average target price of $6.75.

Check Out Our Latest Stock Report on DHX

DHI Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for DHI Group (NYSE:DHX)

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