Insider Selling: IDT (NYSE:IDT) CFO Sells $1,328,944.54 in Stock

Posted by Geri Gentry on Jul 3rd, 2026

IDT Corporation (NYSE:IDT – Get Free Report) CFO Marcelo Fischer sold 23,323 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $56.98, for a total transaction of $1,328,944.54. Following the completion of the transaction, the chief financial officer owned 32,824 shares in the company, valued at $1,870,311.52. The trade was a 41.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Marcelo Fischer also recently made the following trade(s):

On Tuesday, April 14th, Marcelo Fischer sold 5,000 shares of IDT stock. The stock was sold at an average price of $50.50, for a total transaction of $252,500.00.

IDT Stock Up 1.4%

IDT opened at $58.77 on Friday. IDT Corporation has a 52-week low of $45.72 and a 52-week high of $71.12. The company has a 50 day moving average of $53.96 and a two-hundred day moving average of $51.34. The company has a market cap of $1.46 billion, a P/E ratio of 17.97 and a beta of 0.64.

IDT (NYSE:IDT – Get Free Report) last issued its earnings results on Wednesday, June 3rd. The utilities provider reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.05. IDT had a net margin of 6.41% and a return on equity of 24.36%. The business had revenue of $315.71 million for the quarter, compared to the consensus estimate of $308.00 million.

IDT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Tuesday, June 9th were given a $0.07 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $0.28 annualized dividend and a yield of 0.5%. IDT’s dividend payout ratio (DPR) is 8.56%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on IDT. Wall Street Zen downgraded IDT from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 3rd. Weiss Ratings upgraded IDT from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Get Our Latest Stock Analysis on IDT

Institutional Investors Weigh In On IDT

A number of institutional investors have recently made changes to their positions in IDT. AQR Capital Management LLC raised its position in shares of IDT by 40.2% during the 1st quarter. AQR Capital Management LLC now owns 58,197 shares of the utilities provider’s stock valued at $2,986,000 after acquiring an additional 16,678 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in IDT by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,156 shares of the utilities provider’s stock worth $470,000 after purchasing an additional 381 shares during the period. Millennium Management LLC boosted its holdings in IDT by 392.6% in the first quarter. Millennium Management LLC now owns 163,830 shares of the utilities provider’s stock worth $8,406,000 after purchasing an additional 130,569 shares during the period. Marshall Wace LLP increased its stake in IDT by 1,436.4% during the second quarter. Marshall Wace LLP now owns 94,674 shares of the utilities provider’s stock valued at $6,468,000 after purchasing an additional 88,512 shares during the last quarter. Finally, Gabelli Funds LLC bought a new stake in IDT during the second quarter valued at $239,000. 59.34% of the stock is currently owned by institutional investors.

IDT Company Profile

(Get Free Report)

IDT Corporation, founded in 1990 and headquartered in Newark, New Jersey, is a diversified global provider of telecommunications and payment services. The company operates through its primary communications arm, IDT Telecom, and a digital solutions segment that encompasses cross-border money transfers and related fintech offerings. Since its inception, IDT has built an international network infrastructure to support voice and data transmission across more than 200 countries and territories.

Through IDT Telecom, the company offers a suite of voice communication products, including prepaid phone cards, VoIP services, SIP trunking and operator-assisted calling.