IBEX Limited (NASDAQ:IBEX – Get Free Report) insider Bruce Neil Dawson sold 15,260 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $31.12, for a total value of $474,891.20. Following the completion of the transaction, the insider directly owned 61,895 shares in the company, valued at approximately $1,926,172.40. This trade represents a 19.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Bruce Neil Dawson also recently made the following trade(s):
- On Monday, May 11th, Bruce Neil Dawson sold 3,129 shares of IBEX stock. The stock was sold at an average price of $32.80, for a total value of $102,631.20.
IBEX Stock Down 1.9%
NASDAQ IBEX traded down $0.58 on Wednesday, reaching $30.44. The company had a trading volume of 131,450 shares, compared to its average volume of 133,601. IBEX Limited has a 52 week low of $25.94 and a 52 week high of $42.99. The stock’s 50 day moving average is $28.62 and its 200-day moving average is $33.29. The stock has a market cap of $407.59 million, a price-to-earnings ratio of 9.51 and a beta of 0.66.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of IBEX. Advisory Services Network LLC acquired a new position in IBEX during the 3rd quarter worth approximately $46,000. Penserra Capital Management LLC acquired a new stake in shares of IBEX in the third quarter valued at approximately $52,000. Amundi bought a new stake in shares of IBEX in the first quarter worth $74,000. Empowered Funds LLC bought a new stake in shares of IBEX in the fourth quarter worth $84,000. Finally, Clearstead Advisors LLC boosted 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 purchasing an additional 1,618 shares during the last quarter. 81.24% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of IBEX from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 21st. Weiss Ratings reiterated a “hold (c+)” rating on shares of IBEX in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $40.00.
Get Our Latest Stock Analysis on IBEX
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.
Featured Articles
- Five stocks we like better than IBEX
- D-Wave Earnings Looked Weak, But Investors May Be Missing This
- Nebius Upside Expands as AI Feedback Loop Intensifies
- Insider Trades: Okta and Abbott See Buys, Micron Insiders Sell
- Plug Power Flips The Switch On Profitability
Receive News & Ratings for IBEX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IBEX and related companies with MarketBeat.com's FREE daily email newsletter.
