Segall Bryant & Hamill LLC Takes Position in IBEX Limited (NASDAQ:IBEX)

Segall Bryant & Hamill LLC bought a new position in shares of IBEX Limited (NASDAQ:IBEX - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 54,411 shares of the company's stock, valued at approximately $1,169,000. Segall Bryant & Hamill LLC owned 0.32% of IBEX as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. FMR LLC increased its position in IBEX by 314.5% during the 3rd quarter. FMR LLC now owns 2,139 shares of the company's stock worth $43,000 after buying an additional 1,623 shares during the period. R Squared Ltd acquired a new position in shares of IBEX in the fourth quarter valued at about $48,000. Quantbot Technologies LP increased its position in IBEX by 711.1% during the fourth quarter. Quantbot Technologies LP now owns 2,636 shares of the company's stock worth $57,000 after acquiring an additional 2,311 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in IBEX in the 3rd quarter worth about $68,000. Finally, SG Americas Securities LLC bought a new stake in IBEX in the 4th quarter valued at about $116,000. Institutional investors and hedge funds own 81.24% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada raised their target price on shares of IBEX from $21.00 to $24.00 and gave the stock a "sector perform" rating in a report on Friday, February 7th.

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Insider Buying and Selling

In other IBEX news, Director Mohammedulla Khaishgi sold 4,626 shares of the business's stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $22.50, for a total value of $104,085.00. Following the transaction, the director now directly owns 216,718 shares of the company's stock, valued at approximately $4,876,155. The trade was a 2.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Robert Thomas Dechant sold 3,008 shares of the firm's stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $22.50, for a total transaction of $67,680.00. Following the sale, the chief executive officer now directly owns 223,633 shares of the company's stock, valued at approximately $5,031,742.50. This trade represents a 1.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 172,213 shares of company stock valued at $4,414,121 in the last three months. Insiders own 6.72% of the company's stock.

IBEX Price Performance

Shares of NASDAQ IBEX traded down $0.20 during mid-day trading on Wednesday, reaching $24.96. The company had a trading volume of 17,770 shares, compared to its average volume of 205,033. The firm has a market cap of $329.21 million, a price-to-earnings ratio of 11.71 and a beta of 0.75. The business's 50-day simple moving average is $24.61 and its 200 day simple moving average is $21.64. IBEX Limited has a one year low of $13.00 and a one year high of $27.83. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.44 and a current ratio of 1.44.

IBEX (NASDAQ:IBEX - Get Free Report) last released its quarterly earnings data 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 25.29% and a net margin of 7.08%.

IBEX Profile

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.