IBEX (NASDAQ:IBEX) Insider Julie Casteel Sells 17,474 Shares

Posted by Geri Gentry on Sep 17th, 2026

IBEX Limited (NASDAQ:IBEX – Get Free Report) insider Julie Casteel sold 17,474 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $40.41, for a total value of $706,124.34. Following the sale, the insider owned 100,814 shares in the company, valued at approximately $4,073,893.74. The trade was a 14.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

IBEX Price Performance

Shares of IBEX opened at $40.28 on Thursday. IBEX Limited has a one year low of $25.94 and a one year high of $42.40. The company has a 50-day moving average of $36.41 and a two-hundred day moving average of $32.05. The stock has a market cap of $534.92 million, a price-to-earnings ratio of 12.87 and a beta of 0.72.

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, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $160.02 million.

Hedge Funds Weigh In On IBEX

A number of large investors have recently made changes to their positions in IBEX. Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of IBEX by 33.0% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 10,576 shares of the company’s stock worth $321,000 after purchasing an additional 2,625 shares in the last quarter. Squarepoint Ops LLC grew its position in IBEX by 6.4% during the second quarter. Squarepoint Ops LLC now owns 84,982 shares of the company’s stock valued at $2,581,000 after purchasing an additional 5,127 shares in the last quarter. Globeflex Capital L P purchased a new position in IBEX during the second quarter valued at approximately $3,112,000. Tieton Capital Management LLC acquired a new position in IBEX in the 2nd quarter valued at approximately $8,353,000. Finally, Lazard Asset Management LLC lifted its position in IBEX by 55.2% in the 1st quarter. Lazard Asset Management LLC now owns 89,150 shares of the company’s stock worth $2,391,000 after buying an additional 31,697 shares in the last quarter. Institutional investors and hedge funds own 81.24% of the company’s stock.

IBEX News Summary

Here are the key news stories impacting IBEX this week:

Positive Sentiment: IBEX announced that it won a 2026 Globee Award for excellence in an AI-powered customer-experience solution. The recognition supports the company’s positioning in the growing AI-enabled business-process-outsourcing market. ibex Wins 2026 Globee Award for AI-Powered Customer Experience Solution Excellence
Positive Sentiment: Recent reports highlight IBEX’s efforts to use AI solutions to gain market share and adjust its delivery mix between nearshore and offshore operations. These initiatives could improve scalability, service capabilities and margins if executed successfully. IBEX touts AI solutions to grow market share IBEX shifts from nearshore to offshore
Positive Sentiment: IBEX’s latest quarterly results modestly exceeded expectations, with earnings per share of $0.85 versus an $0.84 consensus and revenue of $164.27 million versus estimates of $160.02 million. The company reported a 7.19% net margin and 28.96% return on equity.
Neutral Sentiment: Analyst sentiment remains cautious: Robert W. Baird raised its price target to $40 but kept a neutral rating, while the consensus rating is “Hold” with an average target of $40. The stock’s recent advance has placed it close to that consensus valuation.
Negative Sentiment: Multiple insiders sold shares around $39.34–$40.41, including CEO Robert Dechant, COO David Afdahl, directors Mingzhe Zhuang and Daniella Ballou-Aares, and other insiders. The sales totaled more than 56,000 shares across the disclosed transactions and reduced several holdings substantially, creating a negative insider-ownership signal. Some transactions, including sales by Dechant, Afdahl and Paul Inson, were made under pre-arranged Rule 10b5-1 plans. SEC insider transaction filing

Analyst Ratings Changes

IBEX has been the topic of several research analyst reports. Robert W. Baird lifted their price objective on shares of IBEX from $35.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, September 11th. Wall Street Zen lowered IBEX from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 12th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of IBEX in a research report on Friday, July 31st. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, IBEX presently has an average rating of “Hold” and an average target price of $40.00.

Check Out Our Latest 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.