Shares of DHI Group, Inc. (NYSE:DHX – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.57 and traded as high as $3.98. DHI Group shares last traded at $3.87, with a volume of 176,576 shares.
Analyst Ratings Changes
Several brokerages recently commented on DHX. Weiss Ratings downgraded shares of DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a 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 report on Saturday, May 9th. Zacks Research cut DHI Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Lake Street Capital reaffirmed a “hold” rating and issued a $3.00 target price on shares of DHI Group in a research report on Wednesday, May 6th. Finally, B. Riley Financial began coverage on DHI Group in a report on Thursday, May 14th. They set a “buy” rating and a $4.50 price target for the company. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $5.83.
Check Out Our Latest Stock Analysis on DHI Group
DHI Group Trading Down 2.9%
DHI Group (NYSE:DHX – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $29.05 million. As a group, analysts anticipate that DHI Group, Inc. will post 0.24 EPS for the current fiscal year.
Insider Buying and Selling
In other DHI Group news, Director Kathleen M. Swann sold 20,000 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was 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 $739,779.82. This trade represents a 9.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of DHI Group stock in a transaction on Friday, May 8th. The shares were sold at an average price of $3.09, for a total value of $82,227.99. Following the completion of the transaction, the director directly owned 137,653 shares of the company’s stock, valued at $425,347.77. This represents a 16.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 16.20% of the company’s stock.
Institutional Investors Weigh In On DHI Group
Large investors have recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in DHI Group by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 361,314 shares of the technology company’s stock valued at $1,073,000 after buying an additional 4,188 shares during the period. Empowered Funds LLC lifted its holdings in shares of DHI Group by 13.9% during 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 during the period. Sei Investments Co. boosted its position in shares of 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 in the last quarter. Prudential Financial Inc. acquired a new stake in shares of DHI Group during the 2nd quarter worth approximately $33,000. Finally, Assenagon Asset Management S.A. increased its stake in DHI Group by 36.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 45,364 shares of the technology company’s stock valued at $70,000 after acquiring an additional 12,110 shares during the last quarter. 69.26% of the stock is currently owned by institutional investors and hedge funds.
DHI Group Company Profile
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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