IBEX Limited (NASDAQ:IBEX – Get Free Report) insider Bruce Neil Dawson sold 3,129 shares of IBEX stock in a transaction on Monday, May 11th. The shares were sold at an average price of $32.80, for a total value of $102,631.20. Following the completion of the sale, the insider directly owned 77,155 shares of the company’s stock, valued at $2,530,684. This trade represents a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Bruce Neil Dawson also recently made the following trade(s):
- On Tuesday, May 12th, Bruce Neil Dawson sold 15,260 shares of IBEX stock. The stock was sold at an average price of $31.12, for a total value of $474,891.20.
IBEX Trading Down 1.9%
Shares of NASDAQ:IBEX traded down $0.58 during midday trading on Wednesday, hitting $30.44. The company had a trading volume of 131,450 shares, compared to its average volume of 133,603. IBEX Limited has a 12 month low of $25.94 and a 12 month high of $42.99. The stock has a market cap of $407.59 million, a price-to-earnings ratio of 9.51 and a beta of 0.66. The firm has a fifty day simple moving average of $28.62 and a 200 day simple moving average of $33.29.
Analysts Set New Price Targets
IBEX has been the topic of several recent research reports. Wall Street Zen upgraded IBEX from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 21st. Weiss Ratings restated a “hold (c+)” rating on shares of IBEX in a research report on Monday, May 4th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $40.00.
Get Our Latest Research Report on IBEX
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in IBEX. Advisory Services Network LLC bought a new position in IBEX during the third quarter worth about $46,000. Penserra Capital Management LLC bought a new position in IBEX during the third quarter worth about $52,000. Amundi bought a new position in IBEX during the first quarter worth about $74,000. Empowered Funds LLC bought a new position in IBEX during the fourth quarter worth about $84,000. Finally, Clearstead Advisors LLC lifted its holdings in IBEX by 159.1% during the fourth quarter. Clearstead Advisors LLC now owns 2,635 shares of the company’s stock worth $101,000 after acquiring an additional 1,618 shares in the last quarter. 81.24% of the stock is currently owned by institutional investors.
IBEX Company Profile
IBEX Holdings, Inc is a global business process outsourcing (BPO) company that specializes in customer experience solutions for a range of industries, including telecommunications, cable, technology, financial services and e-commerce. The company’s core offerings encompass multichannel customer support delivered via voice, email, chat, social media and digital self-service platforms. In addition to front-line contact center services, IBEX provides back-office processing, order management, technical troubleshooting and analytics-driven insights to help clients optimize operational efficiency and customer satisfaction.
Beyond traditional contact center operations, IBEX has built a proprietary technology stack designed to integrate real-time data analytics, workforce management and quality assurance.
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