Renaissance Technologies LLC Sells 72,312 Shares of DHI Group, Inc. (NYSE:DHX)

Renaissance Technologies LLC cut its stake in shares of DHI Group, Inc. (NYSE:DHX) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,027,717 shares of the technology company’s stock after selling 72,312 shares during the period. Renaissance Technologies LLC owned approximately 4.20% of DHI Group worth $3,589,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Tieton Capital Management LLC boosted its holdings in DHI Group by 24.3% during the fourth quarter. Tieton Capital Management LLC now owns 3,008,584 shares of the technology company’s stock worth $5,325,000 after buying an additional 587,376 shares during the last quarter. Pacific Ridge Capital Partners LLC grew its holdings in DHI Group by 9.5% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 3,237,947 shares of the technology company’s stock valued at $5,731,000 after purchasing an additional 280,699 shares during the period. Royce & Associates LP increased its stake in DHI Group by 2.7% in the fourth quarter. Royce & Associates LP now owns 3,450,934 shares of the technology company’s stock valued at $6,108,000 after purchasing an additional 91,786 shares in the last quarter. Geode Capital Management LLC raised its holdings in DHI Group by 2.3% in the third quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company’s stock worth $698,000 after purchasing an additional 8,547 shares during the period. Finally, Picton Mahoney Asset Management raised its holdings in DHI Group by 92.1% in the fourth quarter. Picton Mahoney Asset Management now owns 17,618 shares of the technology company’s stock worth $31,000 after purchasing an additional 8,449 shares during the period. Institutional investors own 69.26% of the company’s stock.

Insider Transactions at DHI Group

In other DHI Group news, Director Kathleen M. Swann sold 10,000 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $2.96, for a total transaction of $29,600.00. Following the sale, the director now directly owns 118,113 shares of the company’s stock, valued at $349,614.48. The trade was a 7.81 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 15.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Barrington Research restated an “outperform” rating and issued a $7.00 price objective on shares of DHI Group in a research report on Friday, March 21st.

DHI Group Price Performance

Shares of NYSE DHX opened at $1.52 on Wednesday. The company has a fifty day moving average price of $1.86 and a 200 day moving average price of $1.96. The firm has a market cap of $73.69 million, a PE ratio of 152.55 and a beta of 1.35. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.28. DHI Group, Inc. has a 1-year low of $1.26 and a 1-year high of $3.32.

DHI Group (NYSE:DHX) last posted its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.07 earnings per share 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%. Research analysts predict that DHI Group, Inc. will post 0.11 earnings per share for the current fiscal year.

DHI Group announced that its board has initiated a share repurchase plan on Tuesday, January 21st that authorizes the company to repurchase $5.00 million in outstanding shares. This repurchase authorization authorizes the technology company to buy up to 4.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

About DHI Group

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.