Evan Lesser, the President of ClearanceJobs at DHI Group, Inc. (NYSE:DHX), recently sold 3,000 shares of the company's common stock. The company, currently valued at $83.7 million, maintains impressive gross profit margins of 86% and operates with a P/E ratio of 59.7x. The shares were sold at an average price of $1.90 each, amounting to a total transaction value of $5,700. Following this sale, Lesser retains ownership of 307,090 shares in the company. InvestingPro analysis shows the stock currently trades below its Fair Value, with additional insights available in the comprehensive Pro Research Report. The transaction was conducted under a pre-established Rule 10b5-1 trading plan, designed to allow insiders to sell stock at predetermined times.
In other recent news, DHI Group, Inc. reported mixed financial results for its third quarter, with a 6% decline in total revenue year-over-year, amounting to $35.3 million. The company's ClearanceJobs segment, however, saw a revenue increase of 6%, reaching $13.4 million, while the Dice segment experienced a 12% drop in revenue. The company also announced the departure of CFO Raime Leeby, with Greg Schippers named as Interim CFO. Despite these developments, DHI Group anticipates a recovery in tech hiring in 2025, aligning with industry forecasts. Analysts noted a decrease in customers for both ClearanceJobs and Dice, but also highlighted the potential growth in the tech staffing industry for 2025. These are recent developments for DHI Group, as it navigates a challenging period marked by revenue decline and executive transitions.
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