Insider Selling: Scot W. Melland Sells 40,000 Shares of Dice Holdings Stock (DHX)
Dice Holdings (NYSE:DHX) Director Scot W. Melland sold 40,000 shares of the company’s stock on the open market in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $6.99, for a total transaction of $279,600.00. Following the transaction, the director now directly owns 276,489 shares of the company’s stock, valued at approximately $1,932,658. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Dice Holdings (NYSE:DHX) traded up 0.14% during mid-day trading on Wednesday, hitting $7.10. The stock had a trading volume of 194,258 shares. Dice Holdings has a 1-year low of $6.50 and a 1-year high of $9.86. The stock’s 50-day moving average is $7.0 and its 200-day moving average is $7.13. The company has a market cap of $385.6 million and a price-to-earnings ratio of 31.23.
Dice Holdings (NYSE:DHX) last announced its earnings results on Wednesday, April 30th. The company reported $0.08 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.09 by $0.01. The company had revenue of $60.70 million for the quarter, compared to the consensus estimate of $60.36 million. During the same quarter last year, the company posted $0.12 earnings per share. Dice Holdings’s revenue was up 20.4% compared to the same quarter last year. On average, analysts predict that Dice Holdings will post $0.31 earnings per share for the current fiscal year.
Separately, analysts at Stifel Nicolaus initiated coverage on shares of Dice Holdings in a research note on Monday, May 12th. They set a “buy” rating and a $10.00 price target on the stock.
Dice Holdings, Inc (NYSE:DHX) is a provider of specialized Websites focused on select professional communities.
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