DHI Group, Inc. (NYSE:DHX) Short Interest Update

DHI Group, Inc. (NYSE:DHX) was the recipient of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 123,300 shares, a decline of 34.3% from the January 31st total of 187,800 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 167,500 shares, the days-to-cover ratio is currently 0.7 days.

Insider Buying and Selling at DHI Group

In other DHI Group news, Director Kathleen M. Swann sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $2.96, for a total value of $29,600.00. Following the sale, the director now directly owns 118,113 shares in the company, valued at $349,614.48. The trade was a 7.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold a total of 18,200 shares of company stock worth $45,530 over the last ninety days. 15.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On DHI Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Royce & Associates LP lifted its stake in shares of DHI Group by 2.7% in the 4th quarter. Royce & Associates LP now owns 3,450,934 shares of the technology company’s stock valued at $6,108,000 after acquiring an additional 91,786 shares during the last quarter. Pacific Ridge Capital Partners LLC lifted its stake in shares of DHI Group by 9.5% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 3,237,947 shares of the technology company’s stock valued at $5,731,000 after acquiring an additional 280,699 shares during the last quarter. Tieton Capital Management LLC lifted its stake in shares of DHI Group by 24.3% in the 4th quarter. Tieton Capital Management LLC now owns 3,008,584 shares of the technology company’s stock valued at $5,325,000 after acquiring an additional 587,376 shares during the last quarter. AWM Investment Company Inc. lifted its stake in shares of DHI Group by 17.2% in the 4th quarter. AWM Investment Company Inc. now owns 681,000 shares of the technology company’s stock valued at $1,205,000 after acquiring an additional 100,000 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of DHI Group by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company’s stock valued at $698,000 after acquiring an additional 8,547 shares during the last quarter. Institutional investors own 69.26% of the company’s stock.

DHI Group Price Performance

DHX opened at $2.45 on Friday. The stock has a 50-day moving average price of $2.43 and a 200-day moving average price of $1.99. DHI Group has a 12-month low of $1.45 and a 12-month high of $3.32. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $120.01 million, a P/E ratio of 245.55 and a beta of 1.11.

DHI Group (NYSE:DHX) last posted its quarterly earnings data 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%. Equities analysts predict that DHI Group will post 0.11 earnings per share for the current fiscal year.

DHI Group announced that its board has authorized a share repurchase plan on Tuesday, January 21st that authorizes the company to repurchase $5.00 million in shares. This repurchase authorization authorizes the technology company to buy up to 4.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

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

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.