Point72 Asia Singapore Pte. Ltd. Sells 28,194 Shares of DHI Group, Inc. (NYSE:DHX)

Point72 Asia Singapore Pte. Ltd. lessened its holdings in shares of DHI Group, Inc. (NYSE:DHX) by 47.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,628 shares of the technology company’s stock after selling 28,194 shares during the quarter. Point72 Asia Singapore Pte. Ltd. owned approximately 0.07% of DHI Group worth $58,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pacific Ridge Capital Partners LLC boosted its stake in shares of DHI Group by 50.9% during the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 2,495,095 shares of the technology company’s stock worth $5,215,000 after acquiring an additional 841,350 shares during the period. Tieton Capital Management LLC boosted its position in DHI Group by 25.1% during the second quarter. Tieton Capital Management LLC now owns 2,441,485 shares of the technology company’s stock worth $5,103,000 after purchasing an additional 490,035 shares during the period. First Eagle Investment Management LLC increased its holdings in shares of DHI Group by 72.2% in the second quarter. First Eagle Investment Management LLC now owns 668,928 shares of the technology company’s stock valued at $1,398,000 after purchasing an additional 280,479 shares during the last quarter. CWC Advisors LLC. bought a new position in shares of DHI Group in the third quarter valued at about $327,000. Finally, Royce & Associates LP raised its position in shares of DHI Group by 5.5% in the third quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company’s stock valued at $6,181,000 after purchasing an additional 174,010 shares during the period. Institutional investors own 69.26% of the company’s stock.

DHI Group Price Performance

NYSE:DHX opened at $1.78 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.42 and a current ratio of 0.42. The firm has a market cap of $86.03 million, a price-to-earnings ratio of 44.51 and a beta of 1.06. DHI Group, Inc. has a 52 week low of $1.45 and a 52 week high of $2.98. The firm’s 50-day simple moving average is $1.75 and its 200 day simple moving average is $1.90.

Analysts Set New Price Targets

DHX has been the topic of a number of research reports. B. Riley decreased their price target on shares of DHI Group from $4.00 to $3.50 and set a “buy” rating on the stock in a research note on Wednesday, November 13th. StockNews.com downgraded DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 16th. Finally, Barrington Research reissued an “outperform” rating and set a $7.00 price target on shares of DHI Group in a report on Thursday, November 21st.

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.