Assenagon Asset Management S.A. boosted its position in shares of DHI Group, Inc. (NYSE:DHX – Free Report) by 535.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 288,135 shares of the technology company’s stock after acquiring an additional 242,771 shares during the quarter. Assenagon Asset Management S.A.’s holdings in DHI Group were worth $810,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC raised its holdings in shares of DHI Group by 258.8% in the 1st quarter. Cubist Systematic Strategies LLC now owns 20,920 shares of the technology company’s stock valued at $29,000 after purchasing an additional 15,089 shares during the period. NewEdge Advisors LLC grew 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 worth $57,000 after purchasing an additional 22,399 shares during the period. Goldman Sachs Group Inc. increased its position in DHI Group by 37.6% during the first quarter. Goldman Sachs Group Inc. now owns 316,808 shares of the technology company’s stock worth $440,000 after buying an additional 86,631 shares during the last quarter. Jane Street Group LLC increased its position in DHI Group by 229.4% during the first quarter. Jane Street Group LLC now owns 96,005 shares of the technology company’s stock worth $133,000 after buying an additional 66,861 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in DHI Group by 1.2% in the second 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. Institutional investors and hedge funds own 69.26% of the company’s stock.
Analysts Set New Price Targets
Several brokerages have issued reports on DHX. Weiss Ratings downgraded DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 18th. Zacks Research lowered shares of DHI Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. B. Riley Financial began coverage on shares of DHI Group in a research note on Thursday, May 14th. They set a “buy” rating and a $4.50 target price for the company. 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, Lake Street Capital reissued a “hold” rating and issued a $3.00 price target on shares of DHI Group in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, DHI Group currently has a consensus rating of “Hold” and an average price target of $5.83.
DHI Group Stock Down 1.8%
Shares of NYSE:DHX opened at $3.73 on Friday. The company has a fifty day moving average of $3.47 and a 200-day moving average of $2.67. The company has a market capitalization of $161.27 million, a PE ratio of -74.65 and a beta of 1.24. DHI Group, Inc. has a 52-week low of $1.44 and a 52-week high of $4.10. 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 posted its earnings results on Tuesday, May 5th. The technology company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.04. The firm had revenue of $29.69 million for the quarter, compared to analyst estimates of $29.05 million. DHI Group had a negative net margin of 1.78% and a positive return on equity of 11.60%. On average, equities analysts predict that DHI Group, Inc. will post 0.24 EPS for the current fiscal year.
Insider Transactions at DHI Group
In other news, Director Kathleen M. Swann sold 20,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $3.83, for a total value of $76,600.00. Following the transaction, the director directly owned 193,154 shares of the company’s stock, valued at $739,779.82. The trade was a 9.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $3.09, for a total transaction of $82,227.99. Following the transaction, the director owned 137,653 shares in the company, valued at $425,347.77. The trade was a 16.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 16.20% of the stock is owned by insiders.
DHI Group 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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