DHI Group, Inc. (NYSE:DHX) Director Kathleen M. Swann Sells 10,000 Shares of Stock

DHI Group, Inc. (NYSE:DHX) Director Kathleen M. Swann sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $2.96, for a total value of $29,600.00. Following the completion of the transaction, the director now directly owns 118,113 shares of the company’s stock, valued at approximately $349,614.48. This trade represents a 7.81 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

DHI Group Trading Up 8.5 %

Shares of DHX opened at $3.26 on Friday. DHI Group, Inc. has a 1 year low of $1.45 and a 1 year high of $3.32. The company has a current ratio of 0.47, a quick ratio of 0.42 and a debt-to-equity ratio of 0.28. The stock has a 50 day simple moving average of $2.25 and a 200-day simple moving average of $1.93. The stock has a market cap of $157.37 million, a PE ratio of 325.93 and a beta of 1.11.

DHI Group (NYSE:DHX) last issued its earnings results on Wednesday, February 5th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.04. DHI Group had a return on equity of 9.21% and a net margin of 0.18%. On average, sell-side analysts predict that DHI Group, Inc. will post 0.12 EPS for the current fiscal year.

DHI Group declared that its Board of Directors has initiated a share buyback program on Tuesday, January 21st that authorizes the company to repurchase $5.00 million in shares. This repurchase authorization authorizes the technology company to purchase up to 4.4% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities analysts have commented on DHX shares. B. Riley cut their price target on DHI Group from $4.00 to $3.50 and set a “buy” rating for the company in a report on Wednesday, November 13th. Barrington Research reaffirmed an “outperform” rating and issued a $7.00 price target on shares of DHI Group in a report on Thursday, February 6th.

Institutional Investors Weigh In On DHI Group

Large investors have recently bought and sold shares of the business. Connor Clark & Lunn Investment Management Ltd. grew its position in DHI Group by 86.2% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,659 shares of the technology company’s stock worth $113,000 after acquiring an additional 28,552 shares during the last quarter. Geode Capital Management LLC grew its position in DHI Group by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company’s stock worth $698,000 after acquiring an additional 8,547 shares during the last quarter. GSA Capital Partners LLP grew its position in DHI Group by 35.6% during the 3rd quarter. GSA Capital Partners LLP now owns 225,353 shares of the technology company’s stock worth $415,000 after acquiring an additional 59,155 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in DHI Group during the 2nd quarter worth approximately $35,000. Finally, CWC Advisors LLC. bought a new stake in DHI Group during the 3rd quarter worth approximately $327,000. 69.26% of the stock is currently owned by institutional investors.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.