Sei Investments Co. Has $5.07 Million Stock Holdings in DHI Group, Inc. $DHX

Sei Investments Co. raised its position in DHI Group, Inc. (NYSE:DHX) by 108.9% during the 1st quarter, HoldingsChannel reports. The fund owned 1,804,281 shares of the technology company’s stock after buying an additional 940,667 shares during the quarter. Sei Investments Co.’s holdings in DHI Group were worth $5,070,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Prudential Financial Inc. acquired a new stake in DHI Group in the 2nd quarter valued at $33,000. Invesco Ltd. bought a new stake in DHI Group during the 2nd quarter worth about $45,000. Jacobs Levy Equity Management Inc. acquired a new position in shares of DHI Group during the 3rd quarter worth about $49,000. Cubist Systematic Strategies LLC boosted its stake in shares of DHI Group by 258.8% during the 1st quarter. Cubist Systematic Strategies LLC now owns 20,920 shares of the technology company’s stock worth $29,000 after buying an additional 15,089 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of DHI Group by 1,940.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,078 shares of the technology company’s stock valued at $59,000 after acquiring an additional 20,045 shares in the last quarter. Institutional investors and hedge funds own 69.26% of the company’s stock.

DHI Group Stock Up 2.6%

DHI Group stock opened at $4.14 on Wednesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.44 and a quick ratio of 0.44. The company’s 50-day moving average is $3.81 and its 200-day moving average is $3.06. The firm has a market capitalization of $179.06 million, a PE ratio of -82.88 and a beta of 1.21. DHI Group, Inc. has a fifty-two week low of $1.44 and a fifty-two week high of $4.36.

DHI Group (NYSE:DHX) last issued its earnings results on Tuesday, May 5th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.04. DHI Group had a negative net margin of 1.78% and a positive return on equity of 11.60%. The business had revenue of $29.69 million during the quarter, compared to the consensus estimate of $29.05 million. Sell-side analysts anticipate that DHI Group, Inc. will post 0.24 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of DHI Group stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $3.09, for a total transaction of $82,227.99. Following the completion of the transaction, the director directly owned 137,653 shares in the company, valued at approximately $425,347.77. The trade was a 16.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kathleen M. Swann sold 20,000 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at $739,779.82. The trade was a 9.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 16.20% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms recently issued reports on DHX. Lake Street Capital reiterated a “hold” rating and set a $3.00 target price on shares of DHI Group in a report on Wednesday, May 6th. Wall Street Zen upgraded DHI Group from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 9th. B. Riley Financial initiated coverage on DHI Group in a research report on Thursday, May 14th. They set a “buy” rating and a $4.50 price target on the stock. Weiss Ratings cut DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 18th. Finally, Zacks Research raised DHI Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.83.

DHI Group Company 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.