David Martin Afdahl Sells 10,819 Shares of IBEX (NASDAQ:IBEX) Stock

Posted by George Bondi on Sep 15th, 2026

IBEX Limited (NASDAQ:IBEX – Get Free Report) COO David Afdahl sold 10,819 shares of IBEX stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $40.07, for a total transaction of $433,517.33. Following the completion of the transaction, the chief operating officer directly owned 129,187 shares in the company, valued at approximately $5,176,523.09. The trade was a 7.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

David Martin Afdahl also recently made the following trade(s):

On Tuesday, September 8th, David Afdahl sold 17,500 shares of IBEX stock. The stock was sold at an average price of $37.09, for a total value of $649,075.00.

IBEX Price Performance

Shares of IBEX traded up $0.31 during mid-day trading on Tuesday, hitting $40.80. 386,897 shares of the company’s stock were exchanged, compared to its average volume of 124,214. The company has a 50-day simple moving average of $36.11 and a 200 day simple moving average of $31.88. The company has a market cap of $541.78 million, a PE ratio of 13.04 and a beta of 0.72. IBEX Limited has a 52 week low of $25.94 and a 52 week high of $42.40.

IBEX (NASDAQ:IBEX – Get Free Report) last released its earnings results on Thursday, September 10th. The company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.01. IBEX had a net margin of 7.19% and a return on equity of 28.96%. The business had revenue of $164.27 million during the quarter, compared to the consensus estimate of $160.02 million.

Institutional Investors Weigh In On IBEX

Several hedge funds have recently bought and sold shares of IBEX. Pinnacle Wealth Management Advisory Group LLC increased its position in IBEX by 33.0% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 10,576 shares of the company’s stock worth $321,000 after buying an additional 2,625 shares during the last quarter. Squarepoint Ops LLC boosted its stake in shares of IBEX by 6.4% during the 2nd quarter. Squarepoint Ops LLC now owns 84,982 shares of the company’s stock worth $2,581,000 after acquiring an additional 5,127 shares during the period. Globeflex Capital L P bought a new position in shares of IBEX during the 2nd quarter worth approximately $3,112,000. Tieton Capital Management LLC acquired a new position in shares of IBEX during the 2nd quarter worth approximately $8,353,000. Finally, Lazard Asset Management LLC raised its stake in IBEX by 55.2% in the 1st quarter. Lazard Asset Management LLC now owns 89,150 shares of the company’s stock valued at $2,391,000 after acquiring an additional 31,697 shares during the period. 81.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on IBEX. Wall Street Zen lowered IBEX from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reissued a “hold (c+)” rating on shares of IBEX in a report on Friday, July 31st. Finally, Robert W. Baird raised their target price on shares of IBEX from $35.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $40.00.

View Our Latest Stock Analysis on IBEX

About IBEX

(Get Free Report)

IBEX Limited (NASDAQ: IBEX) is a global business process outsourcing and customer experience company. It provides digitally enabled customer support and operational services for brands across industries including e-commerce, health and fitness, fintech, logistics, retail, travel and utilities.

The company’s services include customer care, technical support, sales and customer acquisition, back-office processing, trust and safety, and other specialized business support functions. IBEX combines contact center personnel, analytics, automation and artificial intelligence-enabled tools to help clients manage customer interactions across voice, digital and other communication channels.

IBEX serves clients primarily in North America and other international markets through delivery operations in locations including the United States, the Philippines, Jamaica, Nicaragua and Pakistan.