DHI Group (NYSE:DHX) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Wednesday, Zacks.com reports.

According to Zacks, “DHI Group, Inc. offer specialized websites which focused on select professional communities. The Company’s operating segment consists of Tech & Clearance, Finance, Energy, Healthcare, Hospitality and Corporate & Other. Tech & Clearance segment consists of the Dice.com, ClearanceJobs.com and The IT Job Board services as well as related career fairs. Finance segment represents the eFinancialCareers service. Energy reporting segment provides the Rigzone service and related career fairs. Healthcare segment includes HEALTHeCAREERS, Health Callings and BioSpace. Hospitality segment includes Hcareers and the Corporate. Other reporting segment consists of Slashdot Media, WorkDigital and corporate-related costs. DHI Group, Inc., formerly known as Dice Holdings, Inc., is headquartered in New York. “

A number of other brokerages have also recently issued reports on DHX. ValuEngine raised shares of DHI Group from a “sell” rating to a “hold” rating in a report on Friday, February 8th. B. Riley upgraded shares of DHI Group from a “neutral” rating to a “buy” rating in a research report on Tuesday, February 5th. Finally, TheStreet upgraded shares of DHI Group from a “d+” rating to a “c+” rating in a research report on Thursday, February 7th.

DHI Group stock traded up $0.08 during mid-day trading on Wednesday, reaching $4.23. The company had a trading volume of 479,800 shares, compared to its average volume of 258,588. DHI Group has a 1 year low of $1.34 and a 1 year high of $4.32. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.21. The stock has a market cap of $212.99 million, a PE ratio of 28.20 and a beta of 1.83.

DHI Group (NYSE:DHX) last issued its earnings results on Thursday, May 2nd. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.03). DHI Group had a net margin of 3.38% and a return on equity of 6.72%. The company had revenue of $37.12 million during the quarter, compared to analysts’ expectations of $37.14 million. On average, sell-side analysts forecast that DHI Group will post 0.28 EPS for the current fiscal year.

In other news, Director Carol W. Carpenter sold 10,000 shares of the stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of $3.00, for a total value of $30,000.00. Following the sale, the director now directly owns 96,966 shares in the company, valued at $290,898. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 20,664 shares of company stock worth $64,658 over the last quarter. Company insiders own 8.10% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. acquired a new stake in DHI Group during the first quarter worth approximately $42,000. Group One Trading L.P. acquired a new stake in DHI Group during the first quarter worth approximately $55,000. Citigroup Inc. acquired a new stake in DHI Group during the first quarter worth approximately $93,000. Raymond James & Associates boosted its position in DHI Group by 26.7% during the first quarter. Raymond James & Associates now owns 47,827 shares of the technology company’s stock worth $116,000 after acquiring an additional 10,084 shares during the last quarter. Finally, ExodusPoint Capital Management LP acquired a new stake in DHI Group during the first quarter worth approximately $119,000. Institutional investors and hedge funds own 60.80% of the company’s stock.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals in the United States and internationally. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and other technology and engineering professionals; and ClearanceJobs, an Internet-based career network, which matches security-cleared professionals with hiring companies searching for employees.

Read More: What is Net Asset Value (NAV)?

Get a free copy of the Zacks research report on DHI Group (DHX)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for DHI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DHI Group and related companies with MarketBeat.com's FREE daily email newsletter.