B. Riley Financial Boosts DHI Group (NYSE:DHX) Price Target to $5.25

DHI Group (NYSE:DHX) had its price target raised by investment analysts at B. Riley Financial from $4.50 to $5.25 in a research report issued on Thursday, MarketBeat reports. The firm presently has a “buy” rating on the technology company’s stock. B. Riley Financial’s price objective indicates a potential upside of 34.03% from the company’s current price.

A number of other brokerages have also weighed in on DHX. Zacks Research raised DHI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. Wall Street Zen upgraded shares of DHI Group from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Lake Street Capital upgraded shares of DHI Group from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a report on Thursday. Weiss Ratings lowered shares of DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 18th. Finally, Barrington Research restated an “outperform” rating and issued a $10.00 target price on shares of DHI Group in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $6.75.

DHI Group Stock Performance

Shares of DHI Group stock opened at $3.92 on Thursday. The stock has a market cap of $169.21 million, a price-to-earnings ratio of 130.61 and a beta of 1.21. The company’s fifty day moving average is $3.84 and its 200 day moving average is $3.10. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.34. DHI Group has a twelve month low of $1.44 and a twelve month high of $4.45.

DHI Group (NYSE:DHX) last issued its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.05. DHI Group had a net margin of 0.97% and a return on equity of 13.01%. The business had revenue of $31.34 million for the quarter, compared to analysts’ expectations of $30.88 million. Sell-side analysts forecast that DHI Group will post 0.24 EPS for the current year.

Insider Activity

In related news, Director Kathleen M. Swann sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were 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 approximately $739,779.82. This represents a 9.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 16.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Kennedy Capital Management LLC raised its holdings in shares of DHI Group by 117.5% during the fourth quarter. Kennedy Capital Management LLC now owns 1,828,888 shares of the technology company’s stock valued at $2,835,000 after purchasing an additional 988,188 shares during the last quarter. Sei Investments Co. boosted its holdings in DHI Group by 108.9% in the first quarter. Sei Investments Co. now owns 1,804,281 shares of the technology company’s stock worth $5,070,000 after purchasing an additional 940,667 shares during the last quarter. BlackRock Inc. purchased a new stake in DHI Group in the second quarter worth approximately $3,033,000. Marshall Wace LLP grew its position in DHI Group by 477.6% in the 4th quarter. Marshall Wace LLP now owns 585,360 shares of the technology company’s stock worth $907,000 after purchasing an additional 484,019 shares during the period. Finally, Pacific Ridge Capital Partners LLC grew its position in DHI Group by 10.6% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 3,438,349 shares of the technology company’s stock worth $5,329,000 after purchasing an additional 329,214 shares during the period. 69.26% of the stock is currently owned by institutional investors.

About DHI Group

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.