North Star Investment Management Corp. Acquires New Position in DHI Group, Inc. $DHX

North Star Investment Management Corp. bought a new position in shares of DHI Group, Inc. (NYSE:DHX) during the first quarter, HoldingsChannel.com reports. The firm bought 285,000 shares of the technology company’s stock, valued at approximately $801,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC grew its stake in shares of DHI Group by 258.8% in the first quarter. Cubist Systematic Strategies LLC now owns 20,920 shares of the technology company’s stock worth $29,000 after acquiring an additional 15,089 shares in the last quarter. Prudential Financial Inc. acquired a new stake in shares of DHI Group in the second quarter valued at $33,000. Invesco Ltd. acquired a new stake in shares of DHI Group in the second quarter valued at $45,000. Jacobs Levy Equity Management Inc. purchased a new position in DHI Group in the third quarter valued at $49,000. Finally, NewEdge Advisors LLC boosted its holdings in DHI Group by 122.3% in the first quarter. NewEdge Advisors LLC now owns 40,716 shares of the technology company’s stock valued at $57,000 after purchasing an additional 22,399 shares during the period. Hedge funds and other institutional investors own 69.26% of the company’s stock.

Insider Activity at DHI Group

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 stock was sold at an average price of $3.83, for a total value of $76,600.00. Following the completion of the transaction, the director directly owned 193,154 shares of the company’s stock, valued at $739,779.82. This represents a 9.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $3.09, for a total transaction of $82,227.99. Following the completion of the transaction, the director owned 137,653 shares in the company, valued at $425,347.77. This represents a 16.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 16.20% of the stock is owned by insiders.

DHI Group Stock Up 3.5%

DHI Group stock opened at $3.83 on Tuesday. DHI Group, Inc. has a 1-year low of $1.44 and a 1-year high of $4.10. 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 stock has a market cap of $165.46 million, a PE ratio of -76.58 and a beta of 1.25. The stock’s fifty day moving average is $3.42 and its two-hundred day moving average is $2.63.

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

Analyst Ratings Changes

DHX has been the topic of several recent research reports. Weiss Ratings downgraded DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 18th. Zacks Research cut DHI Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Wall Street Zen raised DHI Group from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 9th. B. Riley Financial began coverage on shares of DHI Group in a research note on Thursday, May 14th. They set a “buy” rating and a $4.50 target price on the stock. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $10.00 target price on shares of DHI Group in a report on Monday, May 18th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, DHI Group currently has an average rating of “Hold” and a consensus target price of $5.83.

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.