IBEX Limited (NASDAQ:IBEX – Get Free Report) Director Daniella Ballou-Aares sold 1,500 shares of IBEX stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $40.29, for a total value of $60,435.00. Following the sale, the director directly owned 10,395 shares in the company, valued at $418,814.55. This trade represents a 12.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
IBEX Trading Down 1.3%
NASDAQ IBEX opened at $40.28 on Thursday. IBEX Limited has a 12 month low of $25.94 and a 12 month high of $42.40. The stock has a market cap of $534.92 million, a PE ratio of 12.87 and a beta of 0.72. The stock’s 50 day moving average is $36.41 and its 200 day moving average is $32.05.
IBEX (NASDAQ:IBEX – Get Free Report) last announced its quarterly earnings data on Thursday, September 10th. The company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.01. The business had revenue of $164.27 million during the quarter, compared to analyst estimates of $160.02 million. IBEX had a net margin of 7.19% and a return on equity of 28.96%.
More IBEX News
- Positive Sentiment: IBEX won a 2026 Globee Award for excellence in an AI-powered customer-experience solution. The recognition reinforces the company’s positioning in the growing AI-enabled business-process-outsourcing market. IBEX Globee Award announcement
- Positive Sentiment: Reports highlighted IBEX’s plans to use AI to gain market share and shift its delivery mix between nearshore and offshore locations. These efforts could improve scalability, efficiency and margins if executed successfully. IBEX AI strategy report IBEX delivery strategy report
- Positive Sentiment: IBEX’s latest quarterly results modestly exceeded expectations, with earnings per share of $0.85 versus the $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 while maintaining a neutral rating, and the broader consensus is “Hold” with an average target of $40. Shares are trading close to that target and below the 52-week high of $42.40.
- Negative Sentiment: Several executives, directors and insiders sold shares near $39.34–$40.41, including CEO Robert Dechant, COO David Afdahl, directors Mingzhe Zhuang and Daniella Ballou-Aares, and insiders Christina O’Connor, Julie Casteel and Paul Inson. The disclosed transactions totaled more than 72,000 shares and substantially reduced several individual holdings, creating a negative insider-ownership signal. Some sales were made under pre-arranged Rule 10b5-1 plans. SEC insider transaction filing
Wall Street Analyst Weigh In
Several research firms have weighed in on IBEX. Weiss Ratings restated a “hold (c+)” rating on shares of IBEX in a report on Friday, July 31st. 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 report on Friday, September 11th. Finally, Wall Street Zen cut shares of IBEX from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 12th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, IBEX currently has a consensus rating of “Hold” and a consensus target price of $40.00.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lazard Asset Management LLC boosted its holdings in shares of 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 purchasing an additional 31,697 shares during the period. Globeflex Capital L P purchased a new stake in IBEX during the 2nd quarter valued at $3,112,000. Tieton Capital Management LLC bought a new stake in IBEX in the second quarter worth $8,353,000. Sierra Summit Advisors LLC bought a new stake in IBEX in the fourth quarter worth $879,000. Finally, Y Intercept Hong Kong Ltd boosted its stake in IBEX by 121.8% during the first quarter. Y Intercept Hong Kong Ltd now owns 95,665 shares of the company’s stock worth $2,566,000 after buying an additional 52,526 shares during the period. Hedge funds and other institutional investors own 81.24% of the company’s stock.
IBEX Company Profile
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.
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