IBEX (NASDAQ:IBEX) Insider Sells 17,474 Shares

IBEX Limited (NASDAQ:IBEXGet Free Report) insider Julie Casteel sold 17,474 shares of the stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $40.41, for a total value of $706,124.34. Following the completion of the transaction, the insider owned 100,814 shares of the company’s stock, valued at $4,073,893.74. The trade was a 14.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

IBEX Price Performance

Shares of NASDAQ IBEX traded down $0.52 during mid-day trading on Wednesday, hitting $40.28. 291,941 shares of the stock traded hands, compared to its average volume of 125,513. The company has a market cap of $534.92 million, a PE ratio of 12.87 and a beta of 0.72. IBEX Limited has a twelve month low of $25.94 and a twelve month high of $42.40. The firm has a 50 day simple moving average of $36.26 and a two-hundred day simple moving average of $31.97.

IBEX (NASDAQ:IBEXGet Free Report) last issued its earnings results on Thursday, September 10th. The company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.01. The business had revenue of $164.27 million during the quarter, compared to analysts’ expectations of $160.02 million. IBEX had a return on equity of 28.96% and a net margin of 7.19%.

Analysts Set New Price Targets

IBEX has been the subject of a number of research reports. Wall Street Zen lowered shares of IBEX from a “strong-buy” rating to a “buy” rating in a report on Saturday. Weiss Ratings restated a “hold (c+)” rating on shares of IBEX in a research report on Friday, July 31st. Finally, Robert W. Baird raised their price target on shares of IBEX from $35.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, September 11th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $40.00.

View Our Latest Stock Report on IBEX

More IBEX News

Here are the key news stories impacting IBEX this week:

  • Positive Sentiment: IBEX announced that it won a 2026 Globee Award for excellence in an AI-powered customer-experience solution. The recognition supports the company’s positioning in the growing AI-enabled business-process-outsourcing market. ibex Wins 2026 Globee Award for AI-Powered Customer Experience Solution Excellence
  • Positive Sentiment: Recent reports highlight IBEX’s efforts to use AI solutions to gain market share and adjust its delivery mix between nearshore and offshore operations. These initiatives could improve scalability, service capabilities and margins if executed successfully. IBEX touts AI solutions to grow market share IBEX shifts from nearshore to offshore
  • Positive Sentiment: IBEX’s latest quarterly results modestly exceeded expectations, with earnings per share of $0.85 versus an $0.84 consensus and revenue of $164.27 million versus estimates of $160.02 million. The company reported a 7.19% net margin and 28.96% return on equity.
  • Neutral Sentiment: Analyst sentiment remains cautious: Robert W. Baird raised its price target to $40 but kept a neutral rating, while the consensus rating is “Hold” with an average target of $40. The stock’s recent advance has placed it close to that consensus valuation.
  • Negative Sentiment: Multiple insiders sold shares around $39.34–$40.41, including CEO Robert Dechant, COO David Afdahl, directors Mingzhe Zhuang and Daniella Ballou-Aares, and other insiders. The sales totaled more than 56,000 shares across the disclosed transactions and reduced several holdings substantially, creating a negative insider-ownership signal. Some transactions, including sales by Dechant, Afdahl and Paul Inson, were made under pre-arranged Rule 10b5-1 plans. SEC insider transaction filing

Institutional Investors Weigh In On IBEX

Institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP increased its stake in shares of IBEX by 7.5% in the first quarter. Dimensional Fund Advisors LP now owns 358,191 shares of the company’s stock valued at $9,607,000 after buying an additional 24,942 shares during the period. Tieton Capital Management LLC acquired a new position in shares of IBEX in the second quarter worth approximately $8,353,000. Hillsdale Investment Management Inc. lifted its stake in shares of IBEX by 2.8% in the first quarter. Hillsdale Investment Management Inc. now owns 264,200 shares of the company’s stock worth $7,086,000 after acquiring an additional 7,300 shares during the period. Globeflex Capital L P bought a new stake in IBEX in the second quarter valued at approximately $3,112,000. Finally, Los Angeles Capital Management LLC boosted its holdings in IBEX by 25.1% in the fourth quarter. Los Angeles Capital Management LLC now owns 68,825 shares of the company’s stock valued at $2,591,000 after acquiring an additional 13,807 shares during the last quarter. Institutional investors own 81.24% of the company’s stock.

IBEX Company Profile

(Get Free Report)

IBEX Limited (NASDAQ: IBEX) is a global business process outsourcing and customer experience company. It provides digitally enabled customer support and operational services for brands across industries including e-commerce, health and fitness, fintech, logistics, retail, travel and utilities.

The company’s services include customer care, technical support, sales and customer acquisition, back-office processing, trust and safety, and other specialized business support functions. IBEX combines contact center personnel, analytics, automation and artificial intelligence-enabled tools to help clients manage customer interactions across voice, digital and other communication channels.

IBEX serves clients primarily in North America and other international markets through delivery operations in locations including the United States, the Philippines, Jamaica, Nicaragua and Pakistan.

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Insider Buying and Selling by Quarter for IBEX (NASDAQ:IBEX)

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