Insider Buying: Amdocs (NASDAQ:DOX) Director Acquires $41,630.00 in Stock

Amdocs Limited (NASDAQ:DOX) Director John Anthony Macdonald purchased 1,000 shares of Amdocs stock in a transaction dated Tuesday, November 10th. The shares were purchased at an average price of $41.63 per share, with a total value of $41,630.00. Following the completion of the acquisition, the director owned 25,189 shares in the company, valued at $1,048,618.07. The trade was a 4.13% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Amdocs Stock Up 1.5%

Shares of NASDAQ DOX traded up $0.68 during trading hours on Friday, hitting $44.79. The stock had a trading volume of 2,245,070 shares, compared to its average volume of 2,150,916. The company has a market capitalization of $4.84 billion, a P/E ratio of 9.59, a P/E/G ratio of 1.44 and a beta of 0.42. The firm’s 50-day moving average price is $57.51 and its two-hundred day moving average price is $60.98. Amdocs Limited has a 52 week low of $39.96 and a 52 week high of $84.95. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 0.94.

Amdocs (NASDAQ:DOX) last released its quarterly earnings data on Tuesday, November 3rd. The technology company reported $1.98 EPS for the quarter, hitting analysts’ consensus estimates of $1.98. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.19 billion. Amdocs had a return on equity of 20.81% and a net margin of 10.59%. The firm’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.83 earnings per share. Analysts anticipate that Amdocs Limited will post 5.82 EPS for the current fiscal year.

Amdocs Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 29th. Stockholders of record on Thursday, December 31st will be paid a dividend of $0.5690 per share. The ex-dividend date is Thursday, December 31st. This represents a $2.28 annualized dividend and a dividend yield of 5.1%. Amdocs’s dividend payout ratio is 48.82%.

Hedge Funds Weigh In On Amdocs

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DOX. Empowered Funds LLC raised its position in shares of Amdocs by 16.4% in the third quarter. Empowered Funds LLC now owns 62,097 shares of the technology company’s stock valued at $3,551,000 after purchasing an additional 8,761 shares during the period. Bleakley Financial Group LLC boosted its holdings in shares of Amdocs by 29.4% during the 3rd quarter. Bleakley Financial Group LLC now owns 23,272 shares of the technology company’s stock worth $1,331,000 after buying an additional 5,289 shares during the period. First Trust Advisors LP boosted its holdings in shares of Amdocs by 18.7% during the 3rd quarter. First Trust Advisors LP now owns 1,637,842 shares of the technology company’s stock worth $93,652,000 after buying an additional 258,098 shares during the period. Advisors Asset Management Inc. acquired a new position in Amdocs in the 3rd quarter valued at $40,432,000. Finally, Composition Wealth LLC acquired a new position in Amdocs in the 3rd quarter valued at $309,000. Institutional investors and hedge funds own 92.02% of the company’s stock.

Latest Amdocs News

Here’s some of the latest news about DOX:

• Neutral Sentiment: Call-option trading was unusually active, with 2,152 calls purchased—about 430% above the average daily volume. The activity may reflect bullish positioning, but options trading alone does not establish a lasting change in sentiment.
• Negative Sentiment: Insider Shimie Hortig sold 8,997 shares across transactions on November 10 and 11, reducing his holdings. The sales may weigh on sentiment, though he retained a substantial position. SEC filing
• Negative Sentiment: Law firms announced investigations into potential securities claims after Amdocs’ significant stock drop. These are investigations, not findings of wrongdoing, but add uncertainty. The recent selloff followed disappointing fiscal 2027 guidance tied to an escalating T-Mobile dispute, despite quarterly earnings and revenue matching consensus. Investigation announcement

Analyst Ratings Changes

Several equities research analysts recently issued reports on DOX shares. Stifel Nicolaus reduced their price objective on shares of Amdocs from $71.00 to $46.00 and set a “buy” rating for the company in a research note on Wednesday, November 4th. Wall Street Zen downgraded shares of Amdocs from a “buy” rating to a “hold” rating in a research report on Saturday, November 7th. Oppenheimer downgraded shares of Amdocs from an “outperform” rating to a “market perform” rating in a research report on Wednesday, November 4th. Weiss Ratings upgraded Amdocs from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 23rd. Finally, Zacks Research cut Amdocs from a “hold” rating to a “strong sell” rating in a research report on Monday, November 9th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Amdocs has a consensus rating of “Hold” and an average price target of $69.00.

About Amdocs

Amdocs provides software and services to communications and media companies. Its offerings include business and operational support systems for billing, customer management, service delivery and network operations, as well as cloud and digital solutions that help clients modernize their businesses and improve customer experiences. Founded in 1982, Amdocs serves communications and media providers in markets around the world. The company is headquartered in the St. Louis, Missouri, area and is led by President and Chief Executive Officer Shuky Sheffer.