IBEX Limited (NASDAQ:IBEX - Get Free Report) CEO Robert Thomas Dechant sold 5,000 shares of the business's stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $27.56, for a total value of $137,800.00. Following the completion of the transaction, the chief executive officer now directly owns 213,633 shares in the company, valued at approximately $5,887,725.48. This represents a 2.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Robert Thomas Dechant also recently made the following trade(s):
- On Monday, February 10th, Robert Thomas Dechant sold 61 shares of IBEX stock. The stock was sold at an average price of $25.00, for a total value of $1,525.00.
- On Friday, February 7th, Robert Thomas Dechant sold 2,621 shares of IBEX stock. The stock was sold at an average price of $25.00, for a total value of $65,525.00.
- On Monday, January 27th, Robert Thomas Dechant sold 3,008 shares of IBEX stock. The stock was sold at an average price of $22.50, for a total value of $67,680.00.
- On Friday, January 24th, Robert Thomas Dechant sold 200 shares of IBEX stock. The stock was sold at an average price of $22.50, for a total value of $4,500.00.
- On Tuesday, January 21st, Robert Thomas Dechant sold 1,792 shares of IBEX stock. The stock was sold at an average price of $22.50, for a total value of $40,320.00.
IBEX Trading Down 0.3 %
NASDAQ:IBEX traded down $0.08 during midday trading on Tuesday, hitting $27.22. 127,443 shares of the company traded hands, compared to its average volume of 176,574. The firm's fifty day moving average is $22.06 and its 200-day moving average is $19.78. IBEX Limited has a 12-month low of $13.00 and a 12-month high of $27.83. The firm has a market capitalization of $456.21 million, a P/E ratio of 12.78 and a beta of 0.78.
IBEX (NASDAQ:IBEX - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.02. IBEX had a return on equity of 23.13% and a net margin of 7.08%.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on IBEX. Robert W. Baird upped their price objective on IBEX from $23.00 to $26.00 and gave the stock an "outperform" rating in a report on Friday, November 8th. Royal Bank of Canada increased their price target on IBEX from $21.00 to $24.00 and gave the company a "sector perform" rating in a report on Friday, February 7th.
Read Our Latest Research Report on IBEX
Hedge Funds Weigh In On IBEX
Several hedge funds have recently bought and sold shares of the business. Royce & Associates LP grew its position in IBEX by 3.7% in the 4th quarter. Royce & Associates LP now owns 548,481 shares of the company's stock valued at $11,787,000 after acquiring an additional 19,481 shares during the last quarter. Wellington Management Group LLP grew its position in IBEX by 4.6% in the 4th quarter. Wellington Management Group LLP now owns 545,175 shares of the company's stock valued at $11,716,000 after acquiring an additional 23,800 shares during the last quarter. Ameriprise Financial Inc. grew its position in IBEX by 0.9% in the 4th quarter. Ameriprise Financial Inc. now owns 510,402 shares of the company's stock valued at $10,969,000 after acquiring an additional 4,777 shares during the last quarter. Dimensional Fund Advisors LP grew its position in IBEX by 30.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 326,141 shares of the company's stock valued at $7,009,000 after acquiring an additional 76,302 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in IBEX by 18.8% in the 4th quarter. Franklin Resources Inc. now owns 296,114 shares of the company's stock valued at $6,363,000 after acquiring an additional 46,849 shares during the last quarter. Institutional investors own 81.24% of the company's stock.
About IBEX
(
Get Free Report)
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.
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