IBEX (NASDAQ:IBEX) Insider Christina Al Trofimuk-O’connor Sells 1,001 Shares

IBEX Limited (NASDAQ:IBEX) insider Christina Al Trofimuk-O’connor sold 1,001 shares of the company’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $39.58, for a total value of $39,619.58. Following the sale, the insider owned 13,954 shares of the company’s stock, valued at $552,299.32. This represents a 6.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Christina Al Trofimuk-O’connor also recently made the following trade(s):

• On Tuesday, September 16th, Christina Al Trofimuk-O’connor sold 844 shares of IBEX stock. The stock was sold at an average price of $38.50, for a total value of $32,494.00.
• On Tuesday, August 26th, Christina Al Trofimuk-O’connor sold 366 shares of IBEX stock. The stock was sold at an average price of $29.13, for a total value of $10,661.58.

IBEX Stock Performance

Shares of NASDAQ:IBEX opened at $37.92 on Friday. The firm has a market capitalization of $504.72 million, a PE ratio of 15.87 and a beta of 0.83. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.82 and a quick ratio of 1.82. The business has a 50-day moving average of $32.80 and a two-hundred day moving average of $29.12. IBEX Limited has a 12 month low of $17.53 and a 12 month high of $42.99.

Institutional Investors Weigh In On IBEX

A number of large investors have recently modified their holdings of IBEX. Jacobs Levy Equity Management Inc. grew its stake in IBEX by 73.1% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 116,395 shares of the company’s stock valued at $2,834,000 after purchasing an additional 49,167 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in IBEX during the 1st quarter valued at approximately $217,000. Allspring Global Investments Holdings LLC grew its stake in IBEX by 19.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 40,856 shares of the company’s stock valued at $995,000 after purchasing an additional 6,526 shares in the last quarter. Cubist Systematic Strategies LLC grew its stake in IBEX by 132.5% during the 1st quarter. Cubist Systematic Strategies LLC now owns 91,059 shares of the company’s stock valued at $2,217,000 after purchasing an additional 51,886 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in IBEX by 206.9% during the 4th quarter. Bank of America Corp DE now owns 39,787 shares of the company’s stock valued at $855,000 after purchasing an additional 26,822 shares in the last quarter. Institutional investors and hedge funds own 81.24% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Royal Bank Of Canada upped their price target on IBEX from $31.00 to $39.00 and gave the stock a “sector perform” rating in a research note on Friday, September 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of IBEX in a research note on Saturday, September 27th. Four investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, IBEX currently has a consensus rating of “Hold” and a consensus price target of $34.50.

About IBEX

IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company products and services portfolio includes ibex Connect, that offers customer service, technical support, revenue generation, and other revenue generation outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that comprises digital marketing, e-commerce technology, and platform solutions; and ibex CX, a customer experience solution, which provides a suite of proprietary software tools to measure, monitor, and manage its clients' customer experience.