Christina Al Trofimuk-O’connor Sells 1,001 Shares of IBEX (NASDAQ:IBEX) Stock

IBEX Limited (NASDAQ:IBEX) insider Christina Al Trofimuk-O’connor sold 1,001 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $39.58, for a total value of $39,619.58. Following the sale, the insider owned 13,954 shares in the company, valued at approximately $552,299.32. The trade was a 6.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Christina Al Trofimuk-O’connor also recently made the following trade(s):

• On Tuesday, September 16th, Christina Al Trofimuk-O’connor sold 844 shares of IBEX stock. The stock was sold at an average price of $38.50, for a total value of $32,494.00.
• On Tuesday, August 26th, Christina Al Trofimuk-O’connor sold 366 shares of IBEX stock. The stock was sold at an average price of $29.13, for a total value of $10,661.58.

IBEX Stock Down 4.0%

IBEX opened at $37.92 on Friday. The business’s fifty day moving average is $32.80 and its two-hundred day moving average is $29.12. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.82 and a current ratio of 1.82. The company has a market cap of $504.72 million, a price-to-earnings ratio of 15.87 and a beta of 0.83. IBEX Limited has a one year low of $17.53 and a one year high of $42.99.

Hedge Funds Weigh In On IBEX

Large investors have recently added to or reduced their stakes in the business. US Bancorp DE purchased a new position in IBEX during the first quarter worth about $41,000. Deutsche Bank AG purchased a new position in IBEX during the fourth quarter worth about $46,000. CWM LLC lifted its position in IBEX by 392.7% during the first quarter. CWM LLC now owns 2,853 shares of the company’s stock worth $69,000 after buying an additional 2,274 shares during the period. Amundi purchased a new position in IBEX during the first quarter worth about $74,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in IBEX by 8.6% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,466 shares of the company’s stock worth $159,000 after buying an additional 434 shares during the period. 81.24% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on IBEX shares. Royal Bank Of Canada upped their price objective on IBEX from $31.00 to $39.00 and gave the company a “sector perform” rating in a research report on Friday, September 12th. Weiss Ratings restated a “hold (c+)” rating on shares of IBEX in a research report on Saturday, September 27th. Four analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $34.50.

About IBEX

IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company products and services portfolio includes ibex Connect, that offers customer service, technical support, revenue generation, and other revenue generation outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that comprises digital marketing, e-commerce technology, and platform solutions; and ibex CX, a customer experience solution, which provides a suite of proprietary software tools to measure, monitor, and manage its clients' customer experience.