IDT Co. (NYSE:IDT) Director Eric F. Cosentino sold 2,000 shares of the stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $10.66, for a total value of $21,320.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of IDT Co. (NYSE:IDT) opened at $10.63 on Tuesday. The company has a market capitalization of $261.32, a P/E ratio of 21.47 and a beta of 1.16. IDT Co. has a 12-month low of $10.46 and a 12-month high of $20.43.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Monday, December 18th will be given a dividend of $0.19 per share. The ex-dividend date is Friday, December 15th. This represents a $0.76 dividend on an annualized basis and a yield of 7.15%. IDT’s dividend payout ratio (DPR) is presently -115.15%.

A number of equities research analysts recently commented on IDT shares. TheStreet lowered IDT from a “b-” rating to a “c” rating in a research report on Tuesday, October 3rd. BidaskClub lowered IDT from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IDT. Old West Investment Management LLC bought a new position in IDT in the 2nd quarter valued at $2,719,000. Kennedy Capital Management Inc. bought a new position in IDT in the 2nd quarter valued at $2,115,000. Foundry Partners LLC boosted its position in IDT by 42.4% in the 3rd quarter. Foundry Partners LLC now owns 333,120 shares of the utilities provider’s stock valued at $4,690,000 after buying an additional 99,175 shares during the last quarter. Green Square Capital LLC bought a new position in IDT in the 3rd quarter valued at $1,272,000. Finally, Seizert Capital Partners LLC boosted its position in IDT by 68.7% in the 2nd quarter. Seizert Capital Partners LLC now owns 168,864 shares of the utilities provider’s stock valued at $2,427,000 after buying an additional 68,771 shares during the last quarter. Institutional investors and hedge funds own 52.67% of the company’s stock.

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About IDT

IDT Corporation is a holding company with operations primarily in the telecommunications and payment industries. The Company’s segments include Telecom Platform Services, Consumer Phone Services and All Other. The Company’s Telecom Platform Services segment provides retail telecommunications and payment offerings, as well as wholesale international long distance traffic termination.

Insider Buying and Selling by Quarter for IDT (NYSE:IDT)

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