DHI Group Inc. (NYSE:DHX) was downgraded by stock analysts at Avondale Partners to a “market perform” rating in a report released on Monday.

A number of other equities research analysts have also issued reports on DHX. Cantor Fitzgerald reissued a “hold” rating on shares of DHI Group in a research report on Saturday, July 9th. B. Riley reissued a “neutral” rating and issued a $8.25 target price on shares of DHI Group in a research report on Saturday, July 30th. Finally, Zacks Investment Research downgraded shares of DHI Group from a “hold” rating to a “sell” rating in a research report on Wednesday, August 3rd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $9.19.

DHI Group (NYSE:DHX) traded down 18.790% during mid-day trading on Monday, hitting $6.375. The stock had a trading volume of 599,982 shares. DHI Group has a one year low of $5.99 and a one year high of $10.48. The company has a 50 day moving average price of $7.87 and a 200-day moving average price of $7.31. The company’s market cap is $319.31 million.

DHI Group (NYSE:DHX) last issued its quarterly earnings results on Wednesday, July 27th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. DHI Group had a negative net margin of 6.41% and a positive return on equity of 14.81%. The company earned $57.70 million during the quarter, compared to analyst estimates of $58.67 million. During the same period in the prior year, the business posted $0.11 EPS. The business’s revenue for the quarter was down 6.8% compared to the same quarter last year. Equities analysts expect that DHI Group will post $0.26 earnings per share for the current fiscal year.

In other news, insider Shravan Goli sold 16,875 shares of the stock in a transaction on Wednesday, September 7th. The shares were sold at an average price of $8.01, for a total value of $135,168.75. Following the completion of the transaction, the insider now owns 163,019 shares in the company, valued at approximately $1,305,782.19. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider John Benson sold 33,591 shares of the stock in a transaction on Wednesday, July 20th. The shares were sold at an average price of $6.84, for a total transaction of $229,762.44. Following the completion of the transaction, the insider now owns 237,970 shares of the company’s stock, valued at approximately $1,627,714.80. The disclosure for this sale can be found here. 7.20% of the stock is currently owned by insiders.

Several large investors have recently made changes to their positions in DHX. Algert Global LLC boosted its stake in DHI Group by 87.4% in the third quarter. Algert Global LLC now owns 193,780 shares of the company’s stock valued at $1,529,000 after buying an additional 90,348 shares during the last quarter. Royal Bank of Canada raised its position in shares of DHI Group by 5.6% in the second quarter. Royal Bank of Canada now owns 47,022 shares of the company’s stock valued at $293,000 after buying an additional 2,500 shares during the period. Schwab Charles Investment Management Inc. raised its position in shares of DHI Group by 4.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 485,425 shares of the company’s stock valued at $3,025,000 after buying an additional 21,014 shares during the period. Wedge Capital Management L L P NC raised its position in shares of DHI Group by 20.4% in the second quarter. Wedge Capital Management L L P NC now owns 228,500 shares of the company’s stock valued at $1,424,000 after buying an additional 38,700 shares during the period. Finally, FDx Advisors Inc. raised its position in shares of DHI Group by 10.9% in the second quarter. FDx Advisors Inc. now owns 65,567 shares of the company’s stock valued at $408,000 after buying an additional 6,458 shares during the period. Institutional investors and hedge funds own 88.13% of the company’s stock.

DHI Group Company Profile

DHI Group, Inc formerly Dice Holdings, Inc is a provider of specialized Websites focused on select professional communities. The Company’s segments include Tech & Clearance, Finance, Energy, Healthcare and Hospitality. Its online communities enable professionals to manage their careers by finding relevant job opportunities and by building their knowledge through original and community-shared content.

5 Day Chart for NYSE:DHX

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