IDT (NYSE:IDT) CAO Sells $188,556.81 in Stock

Posted by Stanley Muller on Oct 18th, 2026

IDT Corporation (NYSE:IDT – Get Free Report) CAO Mitch Silberman sold 2,327 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $81.03, for a total transaction of $188,556.81. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Mitch Silberman also recently made the following trade(s):

On Tuesday, October 13th, Mitch Silberman sold 805 shares of IDT stock. The shares were sold at an average price of $82.14, for a total transaction of $66,122.70.

IDT Stock Down 1.7%

Shares of IDT opened at $80.81 on Friday. The business’s 50 day moving average price is $71.67 and its 200-day moving average price is $61.45. IDT Corporation has a 52 week low of $46.48 and a 52 week high of $83.19. The stock has a market cap of $2.01 billion, a P/E ratio of 23.29 and a beta of 0.60.

IDT (NYSE:IDT – Get Free Report) last posted its quarterly earnings results on Monday, September 28th. The utilities provider reported $0.94 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.04). IDT had a return on equity of 24.22% and a net margin of 6.67%. The company had revenue of $338.98 million during the quarter, compared to analysts’ expectations of $319.00 million. On average, equities analysts anticipate that IDT Corporation will post 3.86 EPS for the current year.

IDT Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Monday, October 5th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, October 5th. IDT’s payout ratio is 8.07%.

IDT News Roundup

Here are the key news stories impacting IDT this week:

Positive Sentiment: Analyst sentiment remains favorable: Freedom Broker raised its price target to $85 and maintained a Buy rating, while Weiss Ratings upgraded IDT to Buy. The stock has a consensus rating of Moderate Buy and an $85 average price target. IDT insider trading and analyst coverage
Positive Sentiment: Institutional ownership is substantial at approximately 59%, with several investment firms recently establishing positions. IDT also continues to pay a quarterly dividend of $0.07, although its approximately 0.3% yield is modest. IDT institutional ownership and dividend information
Neutral Sentiment: Norman Wright, a prominent attorney and former IDT chairman, died. The report did not indicate any current management, strategic or financial impact on IDT. Report on Norman Wright
Negative Sentiment: Director Judah Schorr sold 13,753 shares across October 14–15 for approximately $1.12 million, reducing his direct ownership by roughly 11.6% across the two transactions. SEC filing for Judah Schorr transactions
Negative Sentiment: Chief Accounting Officer Mitch Silberman sold a combined 3,132 shares on October 13 and 15 for approximately $254,700. Multiple insider sales near recent highs can weigh on investor sentiment, particularly after IDT’s strong run above its 50- and 200-day moving averages. SEC filing for Mitch Silberman transactions

Institutional Investors Weigh In On IDT

A number of institutional investors have recently made changes to their positions in IDT. Kahn Brothers Group Inc. bought a new stake in shares of IDT during the second quarter valued at approximately $18,292,990,000. Bank of New York Mellon Corp raised its holdings in IDT by 0.9% in the 1st quarter. Bank of New York Mellon Corp now owns 117,607 shares of the utilities provider’s stock worth $5,774,000 after acquiring an additional 1,088 shares during the last quarter. Tidal Investments LLC bought a new position in IDT in the 2nd quarter valued at approximately $646,000. Public Employees Retirement System of Ohio bought a new position in IDT in the 2nd quarter valued at approximately $596,000. Finally, Entropy Technologies LP purchased a new stake in IDT during the 1st quarter valued at $264,000. Hedge funds and other institutional investors own 59.34% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on IDT shares. Weiss Ratings upgraded IDT from a “hold (c+)” rating to a “buy (b)” rating in a report on Tuesday, October 6th. Zacks Research raised IDT to a “hold” rating in a research report on Monday, October 5th. Finally, Freedom Broker upped their price target on shares of IDT from $75.00 to $85.00 and gave the stock a “buy” rating in a research note on Wednesday, September 30th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, IDT currently has a consensus rating of “Moderate Buy” and an average target price of $85.00.

View Our Latest Stock Report on IDT

About IDT

(Get Free Report)

IDT Corporation (NYSE: IDT) is a telecommunications and fintech company founded in 1990 by Howard Jonas. The company began as an international long-distance provider and has expanded into consumer communications, payment services and technology solutions for businesses and independent retailers.

Through its BOSS Revolution brand, IDT offers international calling, prepaid wireless services, mobile airtime and data top-ups, and international money-transfer services. Its communications operations also provide wholesale voice services and related connectivity solutions to carriers and other communications providers in markets worldwide.

IDT’s National Retail Solutions business provides independent retailers with point-of-sale technology, payment processing, business services and related tools.