Insider Selling: Dice Holdings Director Sells 18,800 Shares of Stock (DHX)
Dice Holdings (NYSE:DHX) Director Scot W. Melland unloaded 18,800 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $7.86, for a total value of $147,768.00. Following the completion of the sale, the director now directly owns 276,489 shares of the company’s stock, valued at approximately $2,173,204. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Dice Holdings (NYSE:DHX) traded down 0.77% on Monday, hitting $7.74. 213,759 shares of the company’s stock traded hands. Dice Holdings has a 52-week low of $6.50 and a 52-week high of $9.86. The stock has a 50-day moving average of $7.1 and a 200-day moving average of $7.17. The company has a market cap of $420.4 million and a price-to-earnings ratio of 34.36.
Dice Holdings (NYSE:DHX) last issued its quarterly earnings data 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 in the previous year, the company posted $0.12 earnings per share. The company’s revenue for the quarter was up 20.4% on a year-over-year basis. Analysts expect that Dice Holdings will post $0.31 EPS 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.