Dice Holdings Director Scot W. Melland Sells 90,000 Shares (DHX)
Dice Holdings (NYSE:DHX) Director Scot W. Melland sold 90,000 shares of the company’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $8.40, for a total transaction of $756,000.00. Following the completion of the transaction, the director now directly owns 276,489 shares of the company’s stock, valued at approximately $2,322,508. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus initiated coverage on shares of Dice Holdings in a research note on Wednesday, August 13th. They set a “hold” rating on the stock. Separately, analysts at Zacks upgraded shares of Dice Holdings from a “neutral” rating to an “outperform” rating in a research note on Wednesday, August 6th. They now have a $9.40 price target on the stock. Finally, analysts at TheStreet upgraded shares of Dice Holdings from a “hold” rating to a “buy” rating in a research note on Tuesday, July 8th.
Shares of Dice Holdings (NYSE:DHX) traded down 0.59% on Friday, hitting $8.44. The stock had a trading volume of 30,858 shares. Dice Holdings has a 52 week low of $6.50 and a 52 week high of $9.30. The stock’s 50-day moving average is $8.35 and its 200-day moving average is $7.49. The company has a market cap of $453.0 million and a P/E ratio of 38.94. Dice Holdings also was the recipient of a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 1,958,639 shares, a growth of 60.6% from the July 31st total of 1,219,272 shares. Currently, 4.9% of the company’s stock are short sold. Based on an average daily trading volume, of 685,005 shares, the days-to-cover ratio is presently 2.9 days.
Dice Holdings (NYSE:DHX) last announced its earnings results 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.
Dice Holdings, Inc (NYSE:DHX) is a provider of specialized Websites focused on select professional communities.
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