DHI Group, Inc. (NYSE:DHX – Get Free Report) Director Joseph Massaquoi, Jr. sold 26,611 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $3.09, for a total transaction of $82,227.99. Following the completion of the sale, the director directly owned 137,653 shares of the company’s stock, valued at $425,347.77. This trade represents a 16.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
DHI Group Stock Performance
DHX stock opened at $3.65 on Wednesday. The firm has a 50 day simple moving average of $2.77 and a 200 day simple moving average of $2.20. DHI Group, Inc. has a 52 week low of $1.44 and a 52 week high of $3.99. The stock has a market cap of $157.51 million, a P/E ratio of -72.91 and a beta of 1.11. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.44 and a current ratio of 0.44.
DHI Group (NYSE:DHX – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.04. DHI Group had a negative net margin of 1.78% and a positive return on equity of 11.60%. The firm had revenue of $29.69 million for the quarter, compared to analyst estimates of $29.05 million. Research analysts anticipate that DHI Group, Inc. will post 0.18 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of DHX. Cubist Systematic Strategies LLC raised its holdings in DHI Group by 258.8% in the 1st 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 during the period. NewEdge Advisors LLC boosted its holdings in DHI Group by 122.3% during the first quarter. NewEdge Advisors LLC now owns 40,716 shares of the technology company’s stock valued at $57,000 after acquiring an additional 22,399 shares during the period. Goldman Sachs Group Inc. grew its position in shares of DHI Group by 37.6% in the first quarter. Goldman Sachs Group Inc. now owns 316,808 shares of the technology company’s stock valued at $440,000 after purchasing an additional 86,631 shares during the last quarter. Jane Street Group LLC increased its stake in shares of DHI Group by 229.4% in the first quarter. Jane Street Group LLC now owns 96,005 shares of the technology company’s stock worth $133,000 after purchasing an additional 66,861 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of DHI Group by 1.2% in the second quarter. Geode Capital Management LLC now owns 361,314 shares of the technology company’s stock worth $1,073,000 after purchasing an additional 4,188 shares during the period. Institutional investors own 69.26% of the company’s stock.
Analysts Set New Price Targets
A number of analysts recently issued reports on DHX shares. Wall Street Zen raised DHI Group from a “hold” rating to a “strong-buy” rating in a research report on Saturday. Lake Street Capital reaffirmed a “hold” rating and set a $3.00 price target on shares of DHI Group in a research note on Wednesday, May 6th. Zacks Research lowered DHI Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings reissued a “sell (d)” rating on shares of DHI Group in a research note on Monday, April 20th. Finally, Barrington Research restated an “outperform” rating and issued a $10.00 price objective on shares of DHI Group in a report on Monday, May 4th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $6.50.
Get Our Latest Research Report on DHI Group
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.
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