Dimensional Fund Advisors LP Sells 154,517 Shares of DHI Group, Inc. (NYSE:DHX)

Dimensional Fund Advisors LP trimmed its position in DHI Group, Inc. (NYSE:DHX - Free Report) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,298,638 shares of the technology company's stock after selling 154,517 shares during the quarter. Dimensional Fund Advisors LP owned approximately 6.82% of DHI Group worth $5,839,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC grew its stake in DHI Group by 2.3% during the third quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company's stock worth $698,000 after buying an additional 8,547 shares during the period. Picton Mahoney Asset Management boosted its holdings in shares of DHI Group by 92.1% during 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. Royce & Associates LP raised its position in DHI Group by 2.7% during the fourth quarter. Royce & Associates LP now owns 3,450,934 shares of the technology company's stock valued at $6,108,000 after acquiring an additional 91,786 shares in the last quarter. Tieton Capital Management LLC grew its stake in shares of DHI Group by 24.3% in the fourth quarter. Tieton Capital Management LLC now owns 3,008,584 shares of the technology company's stock worth $5,325,000 after acquiring an additional 587,376 shares during the last quarter. Finally, Pacific Ridge Capital Partners LLC boosted its stake 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 worth $5,731,000 after buying an additional 280,699 shares in the last quarter. 69.26% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at DHI Group

In other DHI Group news, Director Kathleen M. Swann sold 10,000 shares of the stock in a transaction dated 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 directly owns 118,113 shares of the company's stock, valued at approximately $349,614.48. This trade represents a 7.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 13.40% of the company's stock.

DHI Group Stock Up 10.6%

Shares of NYSE DHX traded up $0.19 during mid-day trading on Tuesday, hitting $1.99. 203,934 shares of the stock traded hands, compared to its average volume of 191,488. The company has a market cap of $96.07 million, a price-to-earnings ratio of 199.20 and a beta of 1.23. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.47 and a current ratio of 0.47. DHI Group, Inc. has a 52 week low of $1.21 and a 52 week high of $3.32. The stock has a fifty day moving average price of $1.55 and a 200-day moving average price of $1.94.

DHI Group (NYSE:DHX - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.03. The business had revenue of $32.30 million during the quarter, compared to analyst estimates of $32.23 million. DHI Group had a return on equity of 9.21% and a net margin of 0.18%. Research analysts anticipate that DHI Group, Inc. will post 0.11 EPS for the current year.

DHI Group announced that its Board of Directors has approved a stock repurchase plan on Tuesday, January 21st that permits the company to repurchase $5.00 million in outstanding shares. This repurchase authorization permits the technology company to reacquire up to 4.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its shares are undervalued.

Analyst Ratings Changes

Separately, Barrington Research reaffirmed an "outperform" rating and set a $7.00 price target on shares of DHI Group in a research report on Friday, March 21st.

DHI Group Company 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.