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CENTENNIAL, Colo.—Evan Lesser, President of ClearanceJobs at DHI Group, Inc. (NYSE:DHX), a specialized technology recruitment company with an impressive 86% gross profit margin and market capitalization of $96 million, recently sold 2,300 shares of the company's common stock. According to InvestingPro analysis, the stock is currently trading above its Fair Value after surging 25% in the past week. The transaction, which took place on January 8, 2025, was executed at an average price of $2.25 per share, resulting in a total sale value of $5,175.
Following this transaction, Lesser retains ownership of 300,290 shares in the company. The sale was conducted in accordance with a Rule 10b5-1 trading plan, which allows company insiders to sell a predetermined number of shares at a set time, providing a measure of protection against accusations of insider trading.
In other recent news, DHI Group, Inc. reported mixed financial results for its third quarter, with total revenue declining by 6% year-over-year to $35.3 million. Despite the overall downturn, the company's ClearanceJobs segment saw a 6% increase in revenue, reaching $13.4 million. In contrast, the Dice segment suffered a 12% drop in revenue, amounting to $21.9 million. The company also announced the departure of CFO Raime Leeby, with Greg Schippers stepping in as Interim CFO. DHI Group anticipates a recovery in tech hiring in 2025, aligning with industry forecasts for growth in tech staffing. The company's leadership is focusing on internal efficiencies and product enhancements to capitalize on the expected upturn. These are the latest developments for DHI Group, as the company navigates through a challenging period marked by a decrease in revenue and bookings, and the transition of its CFO.
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