Insider Selling: IBEX (NASDAQ:IBEX) COO Sells $433,517.33 in Stock

IBEX Limited (NASDAQ:IBEX) COO David Afdahl sold 10,819 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $40.07, for a total transaction of $433,517.33. Following the sale, the chief operating officer owned 129,187 shares in the company, valued at approximately $5,176,523.09. The trade was a 7.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

David Martin Afdahl also recently made the following trade(s):

• On Tuesday, September 8th, David Afdahl sold 17,500 shares of IBEX stock. The stock was sold at an average price of $37.09, for a total transaction of $649,075.00.

IBEX Price Performance

Shares of NASDAQ IBEX opened at $40.92 on Friday. The firm has a fifty day moving average price of $36.57 and a 200-day moving average price of $32.13. The stock has a market cap of $543.38 million, a PE ratio of 13.07 and a beta of 0.72. IBEX Limited has a 1 year low of $25.94 and a 1 year high of $42.40.

IBEX (NASDAQ:IBEX) last released its earnings results on Friday, September 11th. The company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.01. IBEX had a net margin of 7.19% and a return on equity of 28.96%. The company had revenue of $164.27 million for the quarter, compared to analysts’ expectations of $160.02 million.

IBEX News Summary

Here are the key news stories impacting IBEX this week:

• Positive Sentiment: IBEX 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 Globee Award announcement
• Positive Sentiment: Reports highlighted IBEX’s use of AI to expand market share and its shift in delivery operations between nearshore and offshore locations. The initiatives could improve scalability, operating efficiency and margins if successfully executed. IBEX AI strategy report IBEX delivery strategy report
• Positive Sentiment: Recent quarterly results modestly exceeded expectations: earnings per share came in at $0.85 versus the $0.84 consensus, while revenue reached $164.27 million versus estimates of $160.02 million. IBEX also reported a 7.19% net margin and 28.96% return on equity.
• Neutral Sentiment: Analyst coverage remains cautious. Robert W. Baird raised its price target to $40 but maintained a neutral rating, while the broader consensus is “Hold” with an average target of $40. The stock is trading close to that target, limiting near-term valuation support.
• Negative Sentiment: Multiple executives, directors and other insiders reported selling shares near $39.34–$40.41, including CEO Robert Dechant, David Martin Afdahl, Paul Inson, Julie Casteel, Christina O’Connor, Mingzhe Zhuang and Daniella Ballou-Aares. The sales totaled more than 70,000 shares and significantly reduced several individual holdings, creating a negative insider-ownership signal. Some transactions were conducted under pre-arranged Rule 10b5-1 plans. IBEX insider sales report

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Robert W. Baird upped their price objective on IBEX from $35.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, September 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of IBEX in a research note on Friday, July 31st. Finally, Wall Street Zen cut IBEX from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 12th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $40.00.

Institutional Investors Weigh In On IBEX

Hedge funds have recently made changes to their positions in the company. Pinnacle Wealth Management Advisory Group LLC boosted its stake in IBEX by 33.0% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 10,576 shares of the company’s stock valued at $321,000 after buying an additional 2,625 shares during the last quarter. Squarepoint Ops LLC increased its stake in IBEX by 6.4% in the 2nd quarter. Squarepoint Ops LLC now owns 84,982 shares of the company’s stock worth $2,581,000 after acquiring an additional 5,127 shares during the last quarter. Globeflex Capital L P purchased a new stake in shares of IBEX during the 2nd quarter worth approximately $3,112,000. Tieton Capital Management LLC purchased a new stake in shares of IBEX during the 2nd quarter worth approximately $8,353,000. Finally, Lazard Asset Management LLC boosted its position in shares of IBEX by 55.2% during the 1st quarter. Lazard Asset Management LLC now owns 89,150 shares of the company’s stock valued at $2,391,000 after acquiring an additional 31,697 shares during the last quarter. 81.24% of the stock is currently owned by hedge funds and other institutional investors.

IBEX Company Profile

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.