DHI Group, Inc. $DHX Stock Position Raised by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. increased its position in DHI Group, Inc. (NYSE:DHX) by 535.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 288,135 shares of the technology company’s stock after buying an additional 242,771 shares during the period. Assenagon Asset Management S.A. owned 0.66% of DHI Group worth $810,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC raised its holdings in DHI Group by 258.8% in the 1st 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 during the period. NewEdge Advisors LLC boosted its stake in DHI Group by 122.3% during the 1st 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. Goldman Sachs Group Inc. grew its holdings in DHI Group by 37.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 316,808 shares of the technology company’s stock valued at $440,000 after buying an additional 86,631 shares during the last quarter. Jane Street Group LLC grew its holdings in DHI Group by 229.4% in the 1st quarter. Jane Street Group LLC now owns 96,005 shares of the technology company’s stock valued at $133,000 after buying an additional 66,861 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in DHI Group by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 361,314 shares of the technology company’s stock worth $1,073,000 after buying an additional 4,188 shares during the period. Institutional investors own 69.26% of the company’s stock.

Insider Transactions at DHI Group

In related news, Director Kathleen M. Swann sold 20,000 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $3.83, for a total value of $76,600.00. Following the completion of the sale, the director owned 193,154 shares in the company, valued at $739,779.82. This represents a 9.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $3.09, for a total value of $82,227.99. Following the sale, the director directly owned 137,653 shares in the company, valued at approximately $425,347.77. This represents a 16.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 16.20% of the company’s stock.

DHI Group Stock Down 1.8%

NYSE DHX opened at $3.73 on Friday. The stock’s 50 day simple moving average is $3.47 and its 200 day simple moving average is $2.67. DHI Group, Inc. has a one year low of $1.44 and a one year high of $4.10. The firm has a market cap of $161.27 million, a PE ratio of -74.65 and a beta of 1.24. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.44 and a quick ratio of 0.44.

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Barrington Research restated an “outperform” rating and set a $10.00 price objective on shares of DHI Group in a report on Monday, May 18th. Lake Street Capital reissued a “hold” rating and set a $3.00 target price on shares of DHI Group in a research report on Wednesday, May 6th. Wall Street Zen upgraded DHI Group from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Zacks Research cut DHI Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Weiss Ratings downgraded DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 18th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $5.83.

DHI Group Profile

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.