David Martin Afdahl Sells 17,500 Shares of IBEX (NASDAQ:IBEX) Stock

IBEX Limited (NASDAQ:IBEX) COO David Afdahl sold 17,500 shares of the company’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $37.09, for a total transaction of $649,075.00. Following the completion of the transaction, the chief operating officer owned 140,006 shares in the company, valued at approximately $5,192,822.54. This represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

IBEX Price Performance

Shares of IBEX opened at $39.80 on Friday. The company’s 50-day moving average is $35.95 and its 200-day moving average is $31.77. The firm has a market capitalization of $532.88 million, a PE ratio of 12.72 and a beta of 0.72. IBEX Limited has a fifty-two week low of $25.94 and a fifty-two week high of $42.99.

IBEX (NASDAQ:IBEX) last issued its quarterly earnings data on Thursday, September 10th. The company reported $0.85 earnings per share (EPS) 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 29.77%. The firm had revenue of $164.27 million during the quarter, compared to the consensus estimate of $160.02 million.

Institutional Investors Weigh In On IBEX

Several institutional investors have recently made changes to their positions in IBEX. Advisory Services Network LLC bought a new position in IBEX during the 3rd quarter worth $46,000. Amundi acquired a new stake in shares of IBEX during the 1st quarter worth $74,000. Empowered Funds LLC bought a new position in shares of IBEX in the fourth quarter worth $84,000. Clearstead Advisors LLC raised its stake in IBEX by 159.1% in the fourth quarter. Clearstead Advisors LLC now owns 2,635 shares of the company’s stock valued at $101,000 after purchasing an additional 1,618 shares in the last quarter. Finally, California State Teachers Retirement System raised its stake in IBEX by 667.7% in the second quarter. California State Teachers Retirement System now owns 4,161 shares of the company’s stock valued at $137,000 after purchasing an additional 3,619 shares in the last quarter. 81.24% of the stock is currently owned by institutional investors.

More IBEX News

Here are the key news stories impacting IBEX this week:

• Positive Sentiment: Above-consensus fiscal 2027 outlook: IBEX forecast fiscal 2027 revenue of $700 million to $715 million, well above the $678.5 million analyst consensus. First-quarter fiscal 2027 revenue guidance of $168 million to $170 million also exceeded the $161.4 million consensus. The outlook reflects continued growth in AI-powered customer-experience services, including the Sierra AI partnership. IBEX fiscal 2026 results and fiscal 2027 guidance
• Positive Sentiment: Quarterly earnings beat estimates: IBEX reported adjusted earnings of $0.85 per share, topping the $0.84 consensus, while revenue reached $164.27 million versus expectations of $160.02 million. A 7.53% net margin and 31.50% return on equity further support the company’s strong operating performance. IBEX quarterly earnings report
• Positive Sentiment: Price target raised: Robert W. Baird increased its IBEX target from $35 to $40. However, the firm maintained a neutral rating, suggesting limited additional upside at recent trading levels.
• Neutral Sentiment: Short-interest data offers little signal: Reported short interest was zero shares, meaning there is no measurable short-covering catalyst or significant reported bearish positioning.
• Negative Sentiment: COO sold shares: Chief Operating Officer David Afdahl sold 17,500 shares worth approximately $649,075, reducing his direct ownership by 11.11%. The transaction occurred under a pre-arranged Rule 10b5-1 plan, which makes it a less concerning signal than a discretionary insider sale. IBEX insider trading filing

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of IBEX in a report on Friday, July 31st. Robert W. Baird lifted their target price on IBEX from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Wall Street Zen cut shares of IBEX from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $40.00.

About IBEX

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.