Scot Melland, Director at Dice Holdings, Inc. (NYSE:DHX), completed a stock disposition of 60,000 shares of Common Stock yesterday. The insider sold his shares in a three day transaction, which began on Tuesday, with the sale of 20,000 shares for a weighted average price of $7.55 per share. On Wednesday, Melland unloaded another 20,000 shares for a weighted average sales price of $7.64, before selling 20,000 more shares at $7.62 per share yesterday. The insider also used his employee stock options to complete the second transaction of the fiscal year. The Director’s first disposition was closed at the beginning of the month, when he unloaded 78,300 shares of Common Stock, for $7.80 per share.
On another note, Q1 of the fiscal year showed interesting changes amongst hedge funds, with several new shareholder positions. In fact, Dice Holdings’ largest shareholder this quarter is Legg Mason Capital Management, Bill Miller’s hedge fund, which entered a new position by acquiring 824,730 company shares for a value of $6.1 million.