DHI Group, Inc. (NYSE:DHX) Shares Sold by Millennium Management LLC

Millennium Management LLC cut its stake in shares of DHI Group, Inc. (NYSE:DHX) by 16.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 255,514 shares of the technology company’s stock after selling 48,833 shares during the quarter. Millennium Management LLC owned about 0.53% of DHI Group worth $452,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in DHX. Tieton Capital Management LLC grew its stake in 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. Pacific Ridge Capital Partners LLC grew its stake in 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. Royce & Associates LP grew its stake in 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. NewEdge Advisors LLC acquired a new stake in DHI Group in the 4th quarter valued at about $32,000. Finally, XTX Topco Ltd acquired a new stake in DHI Group in the 4th quarter valued at about $25,000. 69.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Wall Street Zen cut shares of DHI Group from a “buy” rating to a “hold” rating in a research note on Friday, May 16th. Barrington Research restated an “outperform” rating and issued a $7.00 target price on shares of DHI Group in a report on Friday, March 21st.

DHI Group Price Performance

NYSE:DHX opened at $2.42 on Tuesday. The firm has a market cap of $117.83 million, a price-to-earnings ratio of 241.94 and a beta of 1.43. 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 company’s 50-day moving average is $1.74 and its two-hundred day moving average is $1.99. DHI Group, Inc. has a 12-month low of $1.21 and a 12-month high of $3.32.

DHI Group (NYSE:DHX) last released its earnings results on Wednesday, May 7th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.03. The company had revenue of $32.30 million for the quarter, compared to analyst estimates of $32.23 million. DHI Group had a net margin of 0.18% and a return on equity of 9.21%. Research analysts expect that DHI Group, Inc. will post 0.11 EPS for the current year.

DHI Group Company Profile

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.