Amdocs (NASDAQ:DOX) Insider Shimie Hortig Sells 1,733 Shares of Company Stock

Amdocs Limited (NASDAQ:DOX) insider Shimie Hortig sold 1,733 shares of the firm’s stock in a transaction dated Wednesday, November 11th. The stock was sold at an average price of $43.14, for a total transaction of $74,761.62. Following the completion of the transaction, the insider directly owned 172,699 shares in the company, valued at $7,450,234.86. This represents a 0.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shimie Hortig also recently made the following trade(s):

• On Tuesday, November 10th, Shimie Hortig sold 7,264 shares of Amdocs stock. The shares were sold at an average price of $42.18, for a total transaction of $306,395.52.

Amdocs Stock Up 1.5%

NASDAQ DOX traded up $0.68 on Friday, reaching $44.79. 2,245,070 shares of the stock traded hands, compared to its average volume of 2,150,916. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 0.94. The company has a fifty day moving average price of $57.51 and a 200-day moving average price of $60.98. The company has a market cap of $4.84 billion, a price-to-earnings ratio of 9.59, a PEG ratio of 1.44 and a beta of 0.42. Amdocs Limited has a 12 month low of $39.96 and a 12 month high of $84.95.

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

Amdocs Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Stifel Nicolaus lowered their price objective on Amdocs from $71.00 to $46.00 and set a “buy” rating for the company in a research report on Wednesday, November 4th. Wall Street Zen cut 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 report on Wednesday, November 4th. Zacks Research downgraded Amdocs from a “hold” rating to a “strong sell” rating in a research report on Monday, November 9th. Finally, Weiss Ratings raised shares of Amdocs from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 23rd. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $69.00.

Key Headlines Impacting Amdocs

These are some of the DOX headlines that stood out recently:

• 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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its position in Amdocs by 16.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,292 shares of the technology company’s stock valued at $74,000 after acquiring an additional 182 shares during the period. Alpine Bank Wealth Management raised its position in Amdocs by 58.2% in the third quarter. Alpine Bank Wealth Management now owns 500 shares of the technology company’s stock worth $29,000 after acquiring an additional 184 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Amdocs by 3.5% during the first quarter. Sequoia Financial Advisors LLC now owns 6,443 shares of the technology company’s stock worth $420,000 after buying an additional 218 shares in the last quarter. Covestor Ltd lifted its position in shares of Amdocs by 11.8% during the 3rd quarter. Covestor Ltd now owns 2,461 shares of the technology company’s stock valued at $141,000 after acquiring an additional 259 shares during the period. Finally, Global Retirement Partners LLC raised its holdings in Amdocs by 16.8% during the third quarter. Global Retirement Partners LLC now owns 2,007 shares of the technology company’s stock worth $115,000 after purchasing an additional 289 shares during the last quarter. Hedge funds and other institutional investors own 92.02% of the company’s stock.

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.