Insider Selling: Dice Holdings Director Unloads 410,900 Shares of Stock (DHX)
Dice Holdings (NYSE:DHX) Director Scot W. Melland unloaded 410,900 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $8.66, for a total value of $3,558,394.00. Following the sale, the director now directly owns 276,489 shares in the company, valued at approximately $2,394,395. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
DHX has been the subject of a number of recent research reports. Analysts at TheStreet upgraded shares of Dice Holdings from a “hold” rating to a “buy” rating in a research note on Tuesday, July 8th. 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 (NYSE:DHX) traded up 0.11% during mid-day trading on Monday, hitting $8.74. The stock had a trading volume of 765,524 shares. Dice Holdings has a 1-year low of $6.50 and a 1-year high of $9.30. The stock has a 50-day moving average of $7.66 and a 200-day moving average of $7.26. The company has a market cap of $469.1 million and a price-to-earnings ratio of 40.05.
Dice Holdings (NYSE:DHX) last released its earnings data on Wednesday, July 30th. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.07 by $0.06. The company had revenue of $66.50 million for the quarter, compared to the consensus estimate of $62.70 million. During the same quarter last year, the company posted $0.13 earnings per share. Dice Holdings’s revenue was up 27.9% compared to the same quarter last year. Analysts expect that Dice Holdings will post $0.37 EPS for the current fiscal year.
Dice Holdings, Inc (NYSE:DHX) is a provider of specialized Websites focused on select professional communities.
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