Picton Mahoney Asset Management Purchases 8,449 Shares of DHI Group, Inc. (NYSE:DHX)

Picton Mahoney Asset Management lifted its position in DHI Group, Inc. (NYSE:DHX) by 92.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,618 shares of the technology company’s stock after buying an additional 8,449 shares during the period. Picton Mahoney Asset Management’s holdings in DHI Group were worth $31,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. GSA Capital Partners LLP grew its position in DHI Group by 35.6% in the 3rd quarter. GSA Capital Partners LLP now owns 225,353 shares of the technology company’s stock worth $415,000 after purchasing an additional 59,155 shares during the period. Royce & Associates LP raised its stake in DHI Group by 5.5% during the 3rd quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company’s stock valued at $6,181,000 after buying an additional 174,010 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in DHI Group by 86.2% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,659 shares of the technology company’s stock valued at $113,000 after buying an additional 28,552 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in DHI Group by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company’s stock valued at $698,000 after buying an additional 8,547 shares during the last quarter. Institutional investors own 69.26% of the company’s stock.

Analysts Set New Price Targets

Separately, Barrington Research reiterated an “outperform” rating and set a $7.00 target price on shares of DHI Group in a research note on Thursday, February 6th.

DHI Group Price Performance

Shares of DHX opened at $1.73 on Tuesday. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.28. The firm has a market cap of $84.83 million, a PE ratio of 173.57 and a beta of 1.08. DHI Group, Inc. has a 1-year low of $1.45 and a 1-year high of $3.32. The firm has a fifty day simple moving average of $2.46 and a two-hundred day simple moving average of $2.00.

DHI Group (NYSE:DHX) last posted its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.03 by $0.04. DHI Group had a return on equity of 9.21% and a net margin of 0.18%. On average, equities analysts anticipate that DHI Group, Inc. will post 0.11 EPS for the current year.

DHI Group declared that its Board of Directors has authorized a stock repurchase program on Tuesday, January 21st that permits the company to repurchase $5.00 million in shares. This repurchase authorization permits the technology company to buy up to 4.4% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In related news, Director Kathleen M. Swann sold 10,000 shares of the company’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $2.96, for a total value of $29,600.00. Following the completion of the transaction, the director now owns 118,113 shares of the company’s stock, valued at approximately $349,614.48. This represents a 7.81 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In the last quarter, insiders sold 18,200 shares of company stock valued at $45,530. Company insiders own 15.80% of the company’s stock.

DHI Group Profile

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.